News
Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia
Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.
Indonesian proptech firm Kabina raises seed funding led by East Ventures
Kabina, a property and construction startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, with the participation from several notable angel investors, including Sandra Dewi.
Taiwan’s TenMax opens new office in Indonesia to grow Southeast Asia footprint
Taiwan-based artificial intelligence (AI) Martech firm, TenMax, announced Wednesday the opening of TenMax Indonesia, the company’s fifth regional office in Asia after Taiwan, Vietnam, Malaysia, and Japan. The firm plans to bring its full line-up of proprietary AI ad-targeting and martech solutions to the Indonesian market.
Singapore’s MiyaHealth raises additional pre-series A funding for global expansion
MiyaHealth, a Singapore-based HealthTech start-up, has raised an undisclosed sum in additional funding from leading healthcare and technology investors including HealthXCapital, Central Capital Ventura, and SEEDS Capital. The fresh funds will be used to accelerate the company’s product development, hiring, and expansion plans.
Techsauce launches Thailand Accelerator to enhance competitive edge for Thai startups in the region
Techsauce has partnered with PeerPower, a crowdfunding bond platform to encourage further fundraising activities among Thai startups to increase the competitive edge for Thai businesses in the region.
NTU Singapore, Algorand to launch blockchain education and research center in Singapore
Nanyang Technological University, Singapore (NTU) has been selected by Algorand Foundation, the world’s most green and secure blockchain ecosystem, to host a new research and education centre aimed at developing and advancing blockchain technologies.
Sea Limited net loss widens in second quarter
Singapore-based consumer internet firm Sea Limited said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.
Singapore’s TotallyAwesome raises $10M seed round from Partners For Growth and Yefira Group
TotallyAwesome, a Singapore-based digital advertising network for kids, teens, and families, announced Tuesday it has raised $10 million (debt and equity combined) seed funding from leading San Francisco based Partners For Growth (PFG) and Singapore based boutique investment growth advisory firm Yefira Group specialising in adtech investment consulting.
US-based Eat Just secures $25M investment from Alibaba-backed C2 Capital
Eat Just, Inc., a United States-based food technology firm, announced Tuesday a $25 million investment and strategic partnership with Alibaba Group-backed private equity firm C2 Capital Partners (C2). The deal is C2’s first investment and partnership in the alternative protein sector and the relationship is currently supporting Eat Just’s go-to-market…
Gobi Partners appoints Gui Ee Leen as Human Resources Partner
Pan-Asian venture capital firm Gobi Partners announced Wednesday it has appointed Gui Ee Leen as its Human Resources Partner.In this newly created role, Ee Leen alongside Gobi’s Asean Human Resources (HR) team will be responsible for the company’s HR strategy including recruitment and employee retention programmes with a focus on gender diversity and…
