Singapore’s AMILI raises $10.5M Series A round led by Vulcan Capital
AMILI, a Singapore-based precision gut microbiome company, said Wednesday it has raised$10.5 million in Series A funding to accelerate its business expansion in Southeast Asia and…
Indonesia’s Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an…
Bill Gates says crypto, NFTs are “based on greater-fool” theory – report
Bitcoin plunged more than 15 percent on Monday and another 5.4 percent on Tuesday, part of a broader crypto sell-off fuelled by higher-than-forecast US inflation and the halt of…
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly…
Vietnam’s VinFast plans to open more than 50 stores in Europe
VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the…
Vertex Ventures Southeast Asia & India promotes Pui Yan Leung, Kanika Mayar to Partners
“Both Pui Yan and Kanika are purpose-driven investment professionals with extensive experience in investing and working with start-up founders. They have made significant…
My first chapter in VC — my observations, mistakes and learnings
We often strive to speak to founders as early as possible to get a head start on cultivating a long-term relationship. It may or may not end favorably with an investment but just…
Robinhood partners Google Cloud and MFEC for Thailand’s ‘Super App’
Robinhood, the Bangkok-based food delivery and all-in-one travel service platform under SCBX Group, Purple Ventures Co., Ltd., announced Monday a multi-year strategic alliance…
Sea’s e-commerce arm Shopee lays off staff in food delivery, online payments & global teams – report
The platform will also end its early-stage pilot in Spain. This comes after Shopee exited the French market in March. The e-commerce unit also exited the India market the same…
Malaysia unicorn Carsome announces appointment of advisory board
The advisory board is made up of "individuals of various specializations, dynamic perspectives and deep expertise who will provide insights, connect networks and share experiences…
VEON Ventures makes $15M Series A investment in Pakistan B2B marketplace Dastgyr
VEON Ltd., a global digital operator that provides mobile connectivity and services, announced Tuesday that the group's VEON Ventures division has completed a $15 million…
Korea’s CNAI raises $4.1M from Centauri Fund and IMM Investment
Korea-based artificial intelligence (AI) enablement company CNAI announced on Monday that it has raised a $4.1 million pre-series A funding round co-led by Centauri Fund and IMM…
Tesla sacks Singapore country manager after Elon Musk warns of 10% job cut
"Tesla announced a 10 percent of workforce reduction. My role was chosen to be eliminated as of today," the firm's country manager in Singapore Christopher Bousigues wrote in a…
Singapore’s Next Gen Foods launches plant-based chicken product in Germany
Singapore-based alternative protein startup Next Gen Foods said Monday it is rolling out its flagship plant-based chicken product TiNDLE, in restaurants across Germany. TiNDLE…
