OpenBook Ventures is GitLab Co-Founder Sid Sijbrandij’s $100M VC fund reportedly looking to invest in Asia
Sid Sijbrandij, Co-Founder and Chief Executive Officer of GitLab, has reportedly established a $100 million venture fund in 2020 called OpenBook Ventures, which looks to invest in…
Singapore FinTech Zipmex raises $6M to grow its digital assets exchange in Asia Pacific
The company plans to grow the team and work on its current product offerings and set up new offerings to further diversify. This will include working on ZipUp, Zipmex’s…
Singapore sets new rules for payment service companies that support crypto
On the first working day of 2021, Singapore’s Parliament approved a bill to impose stricter oversight on virtual payment service providers that support DPTs or cryptocurrencies
Singapore’s Grab Holdings boosts its FinTech unit with a $300M funding round
This is the first time for Grab’s FinTech arm to secure money from new investors. The new investment in Grab Financial Group is substantial, but Grab Holdings Inc. continues to…
How technology companies are pioneering the remote work revolution
For tech-based companies, the concept of remote working has been in existence for a long time. It is quite common for staff to work remotely or from home due to the nature of…
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…
