Opening the 2021 Cohort of Saison Capital VC Scout Program – April 2021
We are especially looking for unusual profiles and messy CVs — profiles that HR finds hard to place. Our Scouts include YC founders, ex-partners of VC funds, country managers of…
Malaysia’s TIME dotCom acquires controlling stake in AVM Cloud in a major cloud computing push
TIME dotCom shelled out over $14.5 million to purchase a 60 percent controlling stake in the company.
Philippines mobile wallet GCash secures $175 million investment amid rising demand for digital payments
GCash has reportedly facilitated over $20.78 billion (PhP1 trillion) in in-app transactions in 2020 and grew its customer based to 33 million, amid increased demand for online…
Indonesian genotech firm Nusantics secures funding for new Covid-19 test kit tech
Nusantics is planning to use the fund to continue expanding its research and development in the field of genomes of different microorganisms. Aside from microbiome analysis,…
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…
