Author: TechNode Global Staff
Indonesian property and construction startup AMODA raises pre-seed funding led by East Ventures
AMODA, a property and construction startup in Indonesia, announced Friday that it has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. The firm will allocate the fund to scale up the manufacturing facilities, expand its team, and invest in its research and…
ScaleUp Malaysia seeks to invest $1 million in ten startups
Growth stage accelerator ScaleUp Malaysia said Thursday it will invest a total of $1 million in ten startups in its 2022 Cohort which will officially start in the fourth quarter of 2022. It has increased its investment in its startups to $100,000 per company, making it one of the largest cheque sizes from an accelerator in Southeast Asia.
Grab launches intercity travel service in Malaysia and Singapore
Southeast Asian super app Grab said Thursday it has officially launched Grab Intercity, giving users the ability to conveniently purchase affordable bus and ferry tickets between Malaysia and Singapore right on the Grab app.
Singapore’s Carousell teams up logistics firm Zeek to launch quick shipping option in Hong Kong
Carousell, a classifieds group based in Singapore, has on Thursday officially announced its partnership with Zeek, the on-demand logistics technology platform, to launch a brand-new delivery option that provides a comprehensive and integrated shopping journey for Carousell users in Hong Kong.
Meta Hollywood partners The Sandbox to develop Hollywood-themed LAND and gamified experiences
Meta Hollywood, the largest virtual community for movie lovers, studios, and creators, which was launched by Animoca Brands in partnership with the Planet Hollywood Group (Planet Hollywood), announced Wednesday a new partnership with The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, to develop a first-of its-kind virtual…
Animoca Brands co leads $41 million Series C funding in Germany’s Klang Games
Klang Games, an innovative game development studio based in Berlin, announced Wednesday the completion of its Series C funding of $41 million, increasing its total funds raised to nearly $80 million. The funding round was co-led by Animoca Brands and Kingsway Capital, with participation from Anthos, Novator, Supercell, Roosh, AngelHub, and New Life…
Indonesia’s Rey Assurance raises $4.2M seed round co-led by the TPTF and Genesia Ventures
Rey Assurance (Rey), an insurtech company in Indonesia, announced Wednesday $4.2 million in seed funding to advance its digital health products and leading technology platform. The round was co-led by the Trans-Pacific Technology Fund (TPTF) and Genesia Ventures and joined by RDS.
Indonesia’s Kini raises $ 4.3M seed funding led by East Ventures
Kini, an Indonesian on-demand payroll provider, said Thursday it has raised $4.3 million of seed funding led by East Ventures, with participation from other investors. The firm will allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding enterprise partnerships and HR tech providers to power their HR-fintech…
ADB, UK launch $134M fund to help catalyze green financing in Southeast Asia
The Asian Development Bank (ADB) and the Government of the United Kingdom (UK) have signed a memorandum of understanding to develop a £107 million ($134 million) trust fund to support efforts by Association of Southeast Asian Nations (ASEAN) countries to scale up green financing and shift to low-emission, climate-resilient development.
