News

Indonesia’s eFishery earns unicorn tag after raising Series D round – report

It was reported that 42XFund contributed $100 million to the round, while SoftBank Vision Fund II chipped in nearly $5 million, according to eFishery’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). Southeast Asian private equity firm Northstar Group invested $3 million.

Sequoia-backed Circles forms joint venture with Middle East telco firm e& for digital services

Sequoia-backed Circles has on Thursday announced that it has entered into a strategic partnership with Abu Dhabi-headquartered telco firm telco firm e& international for digital services across its operating markets and beyond.

Aerodyne unveils innovative solutions for advanced air mobility and UAS ISTAR

Aerodyne Group, the Malaysia-based drone services provider, has unveiled its two highly anticipated flagship solutions, ARGENTAVIS and FULCRUM, at the Langkawi International Maritime and Aerospace Exhibition 2023 (LIMA 2023).

Atome partners with Amazon to offer deferred payment option during checkout in Singapore

Atome, a Singapore-based buy-now-pay-later (BNPL) platform, has on Wednesday announced that its flexible buy now pay later payment option is now available for Amazon customers in Singapore during checkout.

Indonesia’s SkorLife grabs US$4M seed funding led by Hummingbird Ventures

Indonesia-based fintech company SkorLife has announced that it raised a $4 million seed funding round led by global tech investor Hummingbird Ventures, with participation from QED Investors.

Metalpha’s Next Generation Fund I secures strategic investment from crypto leader

Metalpha Technology Holding Ltd, a Hong Kong crypto-based wealth management company, has on Thursday announced its Next Generation Fund I, formed in partnership with NextGen Digital Venture Limited, has secured a $5 million anchor investment from the world’s leading crypto company.

Singapore’s GoodGang Labs receives $2M seed funding from Kakao Investment

Singapore-based avatar communications company GoodGang Labs has on Thursday announced that it has successfully raised $2 million in seed funding from Kakao Investment, a subsidiary of the prominent South Korean tech giant.

Social Singapore’s BandLab raises $25M in Series B1 new round, valuing the company at $425M

BandLab Technologies, the Singapore-based parent company of flagship social music creation platform BandLab, has announced the addition of $25 million in a new round of Series B1 financing that raises the company's valuation to $425 million post-money.

PropertyGuru first quarter revenue climbs 16 percent to $24.5M

PropertyGuru Group Limited, a Singapore-based property technology company, has on Tuesday announced its revenue rose 16 percent year on year to SGD 33 million ($24.5 million) in the first quarter of 2023.

Gogoro partners Bikebank to launch smartscooters and battery swapping in South Korea

Gogoro Inc., the Taiwan-based technology firm in battery swapping ecosystems, has on Wednesday announced it was expanding its partnership with Bikebank in South Korea. The companies will introduce Gogoro smartscooters and battery swapping to Korean consumers in the third quarter of 2023 under the Dotstation brand, expanding their battery swapping network to…