News
Falcon Edge, DST Global, D1 Capital and RedBird Capital lead $840M investment in India’s Dream Sports at $8B valuation
Dream Sports, has completed an investment of $840 Million at an $8 billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw participation from existing investors like TPG and Footpath Ventures, making it amongst the largest investments globally in the sports tech sector.
Singapore’s Hepmil Media Group raises $10M in Series A Funding led by Quest Ventures, Pavilion Capital and Bent Pixels
Hepmil Media Group has announced a $10 million Series A funding round led by Quest Ventures, Pavilion Capital and Bent Pixels to support its expansion plans in the region. It will leverage the fund to strengthen its leadership in the digital media space by growing its content and creators’ platform and capabilities, along with expansion of its esports and…
Singapore AV tech startup MooVita raises fund from 1Derlife Growth and SEEDS Capital
MooVita Pte Ltd has announced that 1Derlife Growth and SEEDS Capital have invested in the Singapore-based autonomous vehicle (AV) tech start-up, in its Series A fundraising round closed at the end of October. It plans to bring its products to Europe while expanding and strengthening its footprint in Asia-Pacific.
Funding Societies launches green loans product, releases regional impact study
Funding Societies launched its green loans product at a time when environmental, social, and governance (ESG) investing and sustainable investing are gaining traction in the investing fraternity.
Grab to list in US by early December – report
Altimeter Growth Corp will hold the EGM on Nov 30 to seek shareholder approval for the merger.
Singapore solar energy firm SUN Energy raises $25M Series A funding, valuing the company at $200M
The funding round will enable SUN Energy to cement its leading market position in Indonesia and bolster growth in the region alongside blue-chip strategic partners that share a similar vision on energy transition.
Singapore digital asset platform StraitsX launches rupiah-denominated stable coin
StraitsX has launched the StraitsX Indonesian Rupiah (XIDR), its second stablecoin in Southeast Asia (SEA). Each XIDR token is fully-backed by one Indonesian Rupiah and will be supported by partners in the StraitsX ecosystem.
Vietnam fintech startup GIMO bags $1.9M in Seed+ round led by Integra Partners
GIMO has successfully raised $1.9 million in a Seed+ round led by Singapore’s Integra Partners. The round also saw participation from Resolution Ventures, Blauwpark Partners, and TNB Aura VN Scout. With the fresh funding, the company plans to allocate more resources for hiring senior engineers, strengthening risk management competencies, and integrating…
Singapore biotech startup RWDC Industries raises $95.1M in Series B2 funding co-led by Vickers Venture Partners and Temasek
RWDC Industries Limited announced the closing of a $95.1 million Series B2 funding round co-led by Singapore venture capital firm Vickers Venture Partners and Singapore state investor Temasek. The funding will support the group’s expansion and boost its production of biodegradable biopolymer material that will help the group speed adoption of sustainable…
Indonesia President Jokowi to launch VC fund backed by state-owned firms – report
State-owned companies will be directed to help with this new funding.
