News
Pakistan EdTech startup Maqsad raises $2.1M pre-Seed funding led by Indus Valley Capital
The COVID-19 pandemic created a global education crisis, which was more pronounced in developing countries. This gave rise to EdTech startups globally, with ventures in countries like India and Indonesia scaling rapidly to make education more accessible for the wider population.
September 20, 2021
News,SEA,Blockchain / Crypto,Singapore,eCommerce
Singapore-based RtistiQ launches Southeast Asia’s first online NFT-driven art marketplace
The online art marketplace leverages blockchain, non-fungible tokens (NFT) and near field communication (NFC) to provide provenance tracking and ensure authenticity of the artwork.
September 20, 2021
Upstage raises $27M Series A funding led by SoftBank Ventures Asia for hiring AI talent and development of AI stack
Upstage plans to use the funds raised to recruit a large number of AI specialists and developers to accelerate the development of its ‘AI Pack.'
September 17, 2021
Indonesia’s Indepay launches tara.app, an open transfer platform aimed at accelerating digital payments for consumers and MSMEs
The tara.app framework relies on open APIs with deep integration with major banks, financial institutions, and technology partners. Indepay says that nine major banks are in the process of enabling this open transfer platform.
September 17, 2021
News,Malaysia,Vietnam,SEA,Indonesia,Investments
Japan eGift firm Giftee invests in Indonesian customer loyalty platform TADA
Giftee's investment into TADA Network marks its second major investment outside of Japan as part of the company's expansion in Southeast Asia.
September 17, 2021
News,Thailand,FinTech,Investments
Thai alternative digital lending platform SCB Abacus closes a $12M Series A round led by Openspace Ventures
SCB Abacus will use the fresh funds to strengthen its digital infrastructures, drive product adoption and recruit additional talent.
September 17, 2021
News,Investments,Sustainability,Transportation
Electric scooter maker & battery-swapping platform Gogoro to go public via merger with Poema Global SPAC, resulting in $2.35B enterprise value
Gogoro's battery swapping ecosystem enables smart mobility for two-wheel electric vehicles--an alternative 'refueling' means comparable to gassing up at traditional refueling stations.
September 16, 2021
News,eCommerce,Venture Capital,Singapore,Investments
Singapore online marketplace Carousell becomes Southeast Asia’s latest unicorn after raising $100M
The latest funding round also came after Carousell raised $80 million in an investment round led by South Korean tech giant Naver in September last year.
September 15, 2021
News,FinTech,Investments,SEA,Indonesia
Indonesia FinTech firm Xendit reaches unicorn status with $150M Series C led by Tiger Global Management
With the latest investment, Xendit plans to continue innovating its product suite, with sights on expansion into select countries across Southeast Asia.
September 15, 2021
News,SEA,FoodTech,China,Asia,Venture Capital
Alternative protein investor Lever VC announces $80M final close of Lever VC Fund I
Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.
September 15, 2021












