News
South Korea’s Postype raises $7.6M funding led by Sui Generis Partners
Postype, a creator-focused content publishing platform based in South Korea, has announced that it has raised $7.6 million. The funding round was led by Sui Generis Partners with additional participation from other high-profile South Korean investors, including Shinhan Venture Investment, We Ventures, Atinum Investment, KB Investment, and Playmake Ventures.
Singapore’s Aktivolabs scores $10M capital commitment from Mitsui to fuel global expansion
Aktivolabs Pte Ltd, a Singapore-based health tech firm, announced Thursday that it has secured a $10 million capital injection for a Series A round led by Mitsui & Co., Ltd., Adaptive Capital Partners and SEEDS Capital, the investment arm of Enterprise Singapore.
Plugo raises $9M Series A Funding led by Altos Ventures
Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.
Singapore’s Casa Mia Coliving secures $1.3M strategic seed funding to accelerate expansion
Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity veterans.
India’s Java Capital launches $9M seed stage fund
Java Capital, a seed stage focused, SEBI registered Alternate Investment Fund (AIF) in India, has announced the launch of its first fund with a corpus of INR 75 crore ($9 million), including a greenshoe option of Rs 25 crore.
Vietnam’s VinFast opens four more stores in California
VinFast, the Vietnamese electric vehicle car maker, has on Wednesday announced the opening of four more VinFast stores in Los Angeles and Orange County. The events affirm VinFast’s efforts to expand its retail and service system before the delivery of vehicles to United States customers at the end of this year.
Touchstone Partners backs F&B ordering platform Oda in $1m seed round
Touchstone Partners has on Thursday announced that it is leading a consortium that has committed to investing $1 million in Oda, a Vietnam-based food procurement system for restaurants and suppliers that streamlines ordering, saves money, and reduces food waste.
Venture Capital growth to remain solid despite headwinds, says Preqin Global Report 2023
Although venture capital is the asset class most exposed to the current market turmoil, 2023 may prove a solid vintage for performance, Preqin Global Report 2023 revealed on Wednesday.
Indonesia’s Widjaja Family Investment Office leads US’s Alio $18M funding round
Alio, Inc., a United States-based medical technology company reinventing the management of chronic disease, announced it has raised $18 million in the initial close of a Series C financing, bringing the total amount the company has raised to over $50 million. The financing was led by the Widjaja Family Investment Office with participation from the company’s…
Teleport raises $50M to extend cross-border delivery services in Southeast Asia
Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 millionfrom large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets.
