News

Australian early-stage investor Investible has announced the first close of $37.4M fund for startups in Southeast Asia and Down Under

Investible plans to use its second fund to invest in tech startups mostly in Australia. The VC fund has earmarked 30 percent of the fund’s committed capital to be used for global investments, the majority of which they expect to put towards Southeast Asian investments.

IMC Ventures partners with PIER71 to invest in maritime and supply chain ecosystem in Singapore

IMC Ventures, a newly-launched Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, has announced that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.

Malaysia HealthTech startup BookDoc partners with Childhope Philippines Foundation for CSR collaboration

BookDoc has signed a Memorandum of Understanding ("MOU") with Childhope Philippines Foundation, Inc. in relation to corporate social responsibility (CSR) programs and promotions.

Jakarta-based HealthTech startup Prixa secures $3M Seed Fund led by Telkom’s MDI Ventures

Since its founding in 2019 by James Roring M.D., Prixa has raised a total of $4.5 million. The startup plans to use the total raised capital to invest in scaling its user base, reinforcing its relationship with business to business clients, and working on more healthcare services. 

With BukuWarung securing its $60M Series A, the Indonesia FinTech industry becomes more competitive

Since its founding in 2019, BukuWarung has been helping MSMEs digitize their businesses by offering numerous accounting solutions to move onto the digital platform. The startup has more than 6.5 million registered partner merchants across 750 Indonesian cities and towns on its platform.

With $11M Series B, Intrepid empowers brands in executing their omnichannel e-commerce strategies [ORIGIN Innovation Awards Q&A]

Leveraging its proprietary technology stack across e-commerce, digital marketing, and analytics, and with a leadership team of industry veterans, Intrepid empowers brands in their omnichannel e-commerce approach, enabling all key aspects of driving a successful go-to-market.

Social entertainment startup Kumu to scale operations and roll out new features with Series B fundraise led by SIG and Openspace Ventures

Kumu will use the new infusion to scale its current operations, which has seen significant growth over the past year. To date, an estimated 11.2 million registered users around the world watch live streams up to 60 million times per month, with over 100,000 active streamers commanding about one hour of average daily usage for its mostly Gen-Z & Millennial…