Poema Global, SPAC that focuses on high-growth tech companies in Asia, secures $300M in US IPO
The news about Poema Global’s relatively massive IPO comes at a time when SPACs are gaining popularity as an option for private companies in Asia to tap on public investments.
EdTech platform Kyt plans MENA expansion with $5M Series A
Educational technology startup Kyt has announced that it has raised a total of $5 million in a Series A funding round. The investment was led by Alpha Wave Incubation, which is…
Indonesian AI investment advisor app Bibit secures $30M in Series A round
Robo-advisor mutual fund investment app Bibit raised $30 million in a Series A led by Sequoia Capital India. The funding round was also participated by previous investors EV…
Indonesia giants Gojek and Tokopedia reportedly in advanced talks for $18B merger
The tech rumor mill has been churning as two of Indonesia’s biggest tech start-ups have been surfacing in headlines. Gojek, Indonesia’s multiservice platform that highlights its…
Singapore-based FinTech company CoAssets to shut down its crowdfunding platform
A few days after the news about the company’s financial troubles surfaced, CoAssets, which operates its crowdfunding platform under the name CA Funding Pte Ltd (CAFPL), announced…
🪓☠️ Covid-19: Southeast Asia tech layoffs and shutdowns
We're keeping this list regularly updated.
IMC Group’s Heritas Capital set to secure $30M for its HVF II ‘impact investing’ venture fund
Launched in December 2020, HVF II was created as an “impact investing” venture fund aimed at helping early-stage tech startups. The fund particularly focuses on new but promising…
💸 Here’s a handy list of Southeast Asia’s newest VC funds
Updated regularly, here’s a rundown of fresh funding coming into the region.
What do founders want for Christmas? The perfect, but ever-elusive, start-up pitch
There are supposed hard and fast rules to pitching your start-up but if the fundamentals of product fit, market size and expert team aren’t there you’re unlikely to get a second…
On-demand logistics platform Lalamove raises $515M Series E for China expansion
On-demand logistics company Lalamove has raised $515 million in Series E funding, as announced on its website (the company is known as Huolala in China). This round was led by…
FinTech startup Finantier joins Y Combinator’s Winter 2021 batch, will expand its tech team
Finantier, a Singapore-based startup that specializes in open finance, is set to be part of Y Combinator’s W21 startup accelerator program next year
Daiwa VC fund manager DCI Partners launches $135M fund to accelerate drug discovery
Tokyo-based DCI Partners, a venture fund manager of Daiwa Securities Group, has announced the launch of Daiwa Taiwan-Japan BioVenture Investment Limited Partnership II, a $135…
