Designing for a better tomorrow

Many hands make light work, as the proverb goes. At the recent TechInnovation 2021 event, IPI and DesignSingapore Council (Dsg) launched the second edition of Design Think-Tank, a…

Malaysia-based Iris Capital Partners launches $37.8M Venture Debt Fund

The Iris Fund, established under the Dana Penjana Nasional program, is co-managed by Hanwha Asset Management and Iris Capital Partners aims to support Malaysian and Southeast…

Hong Kong music tech start-up Soundbrenner raises $1.5M funding from Choco Up

Hong Kong-headquartered music tech start-up Soundbrenner has raised $1.5 million funding from Singapore and Hong Kong-based financing and growth platform Choco Up, supporting…

Indonesia’s GoTo said to appoint banks for $1B local IPO – report

GoTo Group has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local IPO that could happen as soon as next quarter, Bloomberg reported.

Singapore fintech firm Sleek extends Series A round to $25M

Sleek has extended its Series A round to $25 million, with the participation of Singapore-based global investor EDBI and existing investors, in a mix of equity and debt. The…

Australian instant online grocery supermarket VOLY raises $13M seed round led by Sequoia Capital India

VOLY has raised AU$18 million ($12.89 million) in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital…

Malaysian securities regulator revises SPAC framework

The revised SPAC framework will take effect on Jan 1, 2022.

Singapore social music platform BandLab raises $53M Series B led by Vulcan Capital

BandLab has raised its first funding round involved outside investors. Led by Vulcan Capital with notable participation from K3 Ventures as well as existing investor Caldecott…

Indonesian O2O automotive startup Otoklix raises $10M Series A funding co-led by Alpha JWC Ventures and AC Ventures

Otoklix has raised $10 million from Alpha JWC Ventures and AC Ventures. Sequoia Capital India’s Surge, and angel investors including Indonesia’s largest automotive conglomerate…

For Choco Up, non-dilutive funding addresses funding gap for growth without being costly in terms of equity [Q&A]

In our TechNode Global Q&A with Percy Hung, Co-founder, and Chief Executive Officer of Choco Up, we learn how non-dilutive funding drives value for both founders and even equity…

Vietnams’s Society Pass establishes regional headquarters in Singapore, poised to accelerate growth in Southeast Asia

Society Pass (SoPa), which is listed on Nasdaq, announced Thursday its ambition to accelerate its growth in Southeast Asia through the launch of its regional headquarters in…

Singapore insurtech Igloo extends footprint in Malaysia with Pine Labs partnership

Igloo has partnered with Pine Labs to extend of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone…

Singapore’s VC firm 1982 Ventures reaches first close of maiden fund at $12.5M

1982 Ventures announced the initial close of its first seed stage venture fund with $12.5 million in committed capital. The fund which is targeting to raise a total corpus of $15…

India payment technology platform Juspay raises $60M in Series C funding led by SoftBank

Juspay has announced $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.