TechNode Global Staff

Indian Ethereum scaling platform Polygon raises $450M led by Sequoia Capital India

Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital and prominent investors like Alan Howard (Co-Founder, Brevan Howard) and Kevin O’Leary…

Japanese VC firm Genesia Ventures raises $90M in first close of third fund to invest in Japan, SE Asia

Genesia Ventures announced the first close of its new fund, Genesia Venture Fund 3 Investment Limited Partnership, with a total amount of approximately $90 million. Similar to the first and second funds, the third fund is focused on investments in pre-seed and seed stage startups in Japan and Southeast Asia (SEA),

Indonesian online grocery platform Happy Fresh launches HappyFresh Supermarket

Happy Fresh has launched HappyFresh Supermarket to extend fresh and dry grocery accessibility by significantly growing its dark store presence in the Southeast Asian region. It aims to provide an easy and convenient online grocery shopping experience, with high-quality and freshly handpicked products brought right to their customers’ doorsteps with free…

Singaporean construction management platform Hubble raises $8.5M Series B funding

Hubble Pte Ltd has concluded its Series B funding round with S$11.35 million ($8.45 million) of investment. The round brings new investors to the table, such as Singapore and Australia’s Taronga Ventures, Singapore’s Kajima Ventures and Singapore’s Seeds Capital, to participate alongside existing investors OSK Capital Partners of Malaysia and…

Indonesian quick commerce startup Bananas raises $1.5M seed funding led by East Ventures

Bananas has secured $1 million in seed funding led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. It has also been accepted into the prestigious YCombinator Winter 2022 batch that has a 2 percent acceptance rate among tech startups who applied globally, adding Y Combinator as one of Bananas’ investors with…

Indonesian healthtech platform Sirka raises $2.6M in seed funding co-led by AC Ventures and Wavemaker Group

Sirka has completed its $2.6 million seed funding round co-led by AC Ventures and Wavemaker Group. Sequoia, YC, Goodwater Capital, and several angel investors, such as ex-Sequoia’s Tim Lee and singer or entrepreneur Maudy Ayunda, also participated in the round. the funding received will be focused on building the largest and most active health community in…

Singapore social food ordering app Gobble secures $1.3M seed capital from BEENEXT, Flash Ventures and others

Gobble has raised $1.3 million in a seed round co-led by BEENEXT and Flash Ventures. Notable angel investors who have backed Gobble in this round include Warren Tseng (former RGM, Uber APAC), Siddharth Shanker (former General Manager at Deliveroo Singapore), and Abhishek Sahay (Regional Director, Foodpanda), Gobble will use the funds to launch its platform…

Japan’s Kyoto Fusioneering raises $18.6M in oversubscribed Series B funding round and debt financing

Kyoto Fusioneering has raised 1.33 billion yen ($11.7 million) in its latest round of funding, bringing the total amount of funds raised by the startup. to 1.67 billion yen ($ 14.7 million). The oversubscribed series B funding round was supported by existing investors, Coral Capital Co., and underwritten by five new investors from some of Japan's top…

Middle East B2B e-commerce startup Retailo raises $36M Series A round led by Graphene Ventures

Retailo has raised $36 million in its Series A investment round which was a mix of equity and venture debt. The round was led by Graphene Ventures and is joined by leading investors that include 500 Global, Agility, Aujan, Tech Invest Com and Mentor’s Fund. The venture debt was raised from Nahda Fund. Additionally, Shorooq Partners, Abercross Holdings,…

Indonesian open finance fintech Ayoconnect raises $15M led by Tiger Global

Ayoconnect has closed a $15 million series B financing round led by Tiger Global. The round was joined by PayU, the payments and fintech business of Prosus, and Alto Partners, as well as individual strategic investors, including Plaid Co-Founder William Hockey and Jerry Ng, President Commissioner of Bank Jago, It will use the funds to satisfy increasing…