News
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).
DNX Ventures raises $243M for two new Japan funds
DNX Ventures, a Japan and U.S.-based venture capital firm, has announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243 million).
Vietnam’s VinFast unveils EV lineup in Thailand
Vietnamese automaker VinFast Auto has unveiled an electric vehicle (EV) lineup in Thailand. The firm has introduced a diverse range of green mobility solutions to Southeast Asia's leading auto market, including electric scooters, cars and the electric pickup truck concept - VF Wild.
Venturi Partners invests $25M in Philippines’ DALI Discount
Venturi Partners (Venturi), a Singapore-based growth equity firm specializing in consumer investments across India and Southeast Asia, has on Tuesday announced its $25 million investment in DALI Discount (DALI), a rapidly expanding hard discount chain operating in the Philippines.
