News
Vietnamese food sourcing platform KAMEREO bags $2.1M in Pre Series B funding
Vietnam-based business to business (B2B) food sourcing platform KAMEREO announced Wednesday that it has raised $2.1 million in Pre Series B funding. The round is co-led by Reazon Holdings, Inc., Quest Ventures, and Thoru Yamamoto, Chief Executive Officer of FOODISON, B2B seafood supply chain company listed in Japan.
Vietnam’s VinFast signs partnership agreements with 15 dealers in Thailand
Vietnamese car maker VinFast Auto has signed letters of intent (LOI) with 15 initial dealers in Thailand. VinFast said in a statement on Wednesday that this marks an important milestone of VinFast’s distribution network expansion, enhancing the company's presence and affirming its position in the region's leading automotive market.
HSBC launches $1B ASEAN Growth Fund; introduces Venture Debt Fund
Global lender HSBC has on Wednesday announced the launch of a $150 million Venture Debt offering in Singapore, and a $1 billion ASEAN Growth Fund, targeting new economy businesses.
ACE.SG inaugurates Women Entrepreneurship Committee to broaden support for women entrepreneurs in Singapore
In celebration of women entrepreneurship, Action Community for Entrepreneurship (ACE.SG) has on Wednesday by inaugurated its Women Entrepreneurship Committee (WEC) to broaden support for women entrepreneurs in Singapore.
Malaysia’s Applecrumby raises $4.2M from 500 Global
Applecrumby, a Malaysia-based babycare brand and eCommerce platform, has raised $4.2 million growth investment from multi-stage venture capital firm, 500 Global. The investment will accelerate the company’s growth through its high quality, safe and affordable babycare products, including the world’s first 100 percent totally chlorine-free mass market…
Indonesia’s LinkAja secures strategic investment from Mitsui
Indonesian digital wallet LinkAja announced its corporate action on Wednesday by securing strategic investment from Mitsui & Co., Ltd. (Mitsui).
Indonesian insurtech Qoala raises $47M in Series C funding co-led by PayPal Ventures, MassMutual Ventures
Indonesian omnichannel InsurTech Qoala has on Tursday announced the completion of its Series C funding round, raising $47 million. The funding was co-led by PayPal Ventures and MassMutual Ventures.
Hang Seng Bank launches $4.22B SME Power Up Fund
Hong Kong-based Hang Seng Bank has on Tuesday unveiled the HKD 33 Billion ($4.22 billion) SME Power Up Fund, a strategic initiative to support the growth, cross-boundary development, and sustainable progression of Hong Kong's small and medium-sized enterprises (SMEs).
Golden Gate Ventures promotes Angela Toy to COO in strategic international expansion move
Golden Gate Ventures, a Singapore-based venture capital fund, has on Wednesday announced the appointment of Partner Angela Toy as its Chief Operating Officer (COO). This newly created position reflects Golden Gate Ventures' commitment to robust expansion and strategic leadership in startup ecosystems.
Singapore’s Elevate Foods secures $525,000 in pre-seed funding led by Wavemaker Impact
Elevate Foods, a Singapore-based platform for small- and medium-sized farm-gate processors, has announced the successful closure of its pre-seed funding round at $525,000, led by climate-focused investors Wavemaker Impact (WMi).
