TechNode Global Staff

Singapore fintech firm Sleek extends Series A round to $25M

Sleek has extended its Series A round to $25 million, with the participation of Singapore-based global investor EDBI and existing investors, in a mix of equity and debt. The startup, which announced a first closing led by White Star Capital and Jungle Ventures in November, will use the fresh funds to bolster tech and product development, hire new talent,…

Australian instant online grocery supermarket VOLY raises $13M seed round led by Sequoia Capital India

VOLY has raised AU$18 million ($12.89 million) in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. This funding round will enable VOLY to continue to scale, expand the team, rapidly increase operations across key urban centres and start…

Singapore social music platform BandLab raises $53M Series B led by Vulcan Capital

BandLab has raised its first funding round involved outside investors. Led by Vulcan Capital with notable participation from K3 Ventures as well as existing investor Caldecott Music Group, the $53m round will allow BandLab to expand its team and continue to refine and grow its offerings to music creators and aspiring artists worldwide.

Indonesian O2O automotive startup Otoklix raises $10M Series A funding co-led by Alpha JWC Ventures and AC Ventures

Otoklix has raised $10 million from Alpha JWC Ventures and AC Ventures. Sequoia Capital India’s Surge, and angel investors including Indonesia’s largest automotive conglomerate Astra International Ex-Chief Executive Officer Prijono Sugiarto, YouTube Co-founder Steve Chen and Google Executives in XA Network, also joined the round. With this fresh funding, it…

Vietnams’s Society Pass establishes regional headquarters in Singapore, poised to accelerate growth in Southeast Asia

Society Pass (SoPa), which is listed on Nasdaq, announced Thursday its ambition to accelerate its growth in Southeast Asia through the launch of its regional headquarters in Singapore.Located in Raffles Place in the heart of the Singapore central business district, the new office acts as the company’s designated Asia Pacific hub for regional business and…

Singapore insurtech Igloo extends footprint in Malaysia with Pine Labs partnership

Igloo has partnered with Pine Labs to extend of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under the IglooCare Program.

Singapore’s VC firm 1982 Ventures reaches first close of maiden fund at $12.5M

1982 Ventures announced the initial close of its first seed stage venture fund with $12.5 million in committed capital. The fund which is targeting to raise a total corpus of $15 million, is looking to invest in a total of 30 start-ups primarily in the fintech sector across Southeast Asia. Its first fund has been backed by US fintech unicorn Carta, Asia’s…

India payment technology platform Juspay raises $60M in Series C funding led by SoftBank

Juspay has announced $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.

Binance and MDI Ventures-led consortium establish joint venture to grow blockchain ecosystem in Indonesia

Binance has established a joint venture with a consortium led by MDI Ventures (MDI) to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange. Binance will provide world-class asset management infrastructure and technology to support the development of the new exchange platform.

Malaysia fintech and e-wallet provider MyMy set for beta testing and reveals Malaysian-inspired product innovations

MyMy has released its wave of leading-edge card and app features as it gears up for targeted beta testing this January, 2022. Backed by demands from in-depth market studies, MyMy’s frontline offerings include a numberless prepaid card that enhances the security of physical payment transactions. As for online transactions, it introduces a seamless biometric…