J. Angelo Racoma
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 million (JPY 14 billion) investment fund intended for drug discovery.
Japanese conglomerate SoftBank Group seeks to raise at least $525M for SPAC in the US
SoftBank Group, Japan’s second largest publicly traded company, filed in the United States to secure up to $604 million for a special purpose acquisition company (SPAC), a shell company established to merge with an operating company to enable the latter to become publicly listed without undergoing the lengthy traditional IPO process.
Singapore-based travel-optimization platform Navisteps secures $1M in pre-Seed round
The travel startup plans to use this fund to expand and add new partner integrations onto its platform and look further into its current expense analytics model
Skuad raises $4M Seed round to ramp up global payroll platform
Skuad plans to use this fresh capital by investing in the growth team who will be located in different regions geographically and continue working on developing their remote working infrastructure.
Vietnamese billionaire launches VinFuture Prize to support R&D and tech innovations, pledges $4.5M annual funding
VinFuture Foundation, a charitable trust associated with one of the biggest conglomerates in Southeast Asia, Vingroup, has officially launched The VinFuture Prize on December 20, 2020 coinciding with the celebration of the International Solidarity Day.
Logistics technology startup Zeek secures $10M pre-Series A for Southeast Asia expansion
Zeek intends to use the funds to further its expansion in Southeast Asia markets, enhance and refineme its logistics management technology, and in data analytics applications
24/7 HealthTech startup Speedoc raises $5M Series A led by Vertex Ventures
Speedoc plans to use the fresh capital infusion to accelerate the adoption of its digital health services in Singapore by pursuing technological advancement initiatives
Carsome Co-Founder and Group CEO Eric Cheng on addressing pain points in a decades-old industry
In this interview, Eric Cheng, Carsome Co-Founder and Chief Executive Officer, shares his insights on the company's strategy in using data, innovations, and partnerships to address the industry pain points and expansion in Southeast Asia
Singapore-based SME digital financing platform Funding Societies gets financial backing from Samsung
Funding Societies, an SME crowdfunding and alternative investment platform based in Singapore, became a recipient of an undisclosed amount of funding support from Samsung Venture Investment Corporation (SVIC), the venture capital arm of Samsung Group
