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WhyQ secures $1.08M in extended Series A2 funding round led by Kairos Capital

WhyQ, Singapore-based food delivery platform, has successfully secured an additional MYR4.6 million ($1.08 million) in an extension to their Series A2 funding round. The extended round was led by the Kairos FoodTech Fund of Kairos Capital Group.

Singapore’s ComfortDelGro invests $4.37M in global venture capital fund Shift4Good

Singapore-based taxi firm ComfortDelGro Corporation, said Wednesday it has invested €4 million ($4.37 million) in Shift4Good, a global independent venture capital impact fund dedicated to sustainablemobility. In so doing, it becomes the fund’s first strategic investor in South East Asia and joins other industry heavyweights like Renault Group as strategic…

India’s Myelin Foundry raises $3M Series A round led by Visteon Corporation

Indian deep tech artificial intelligence (AI) startup Myelin Foundry has raised its Series A of $3 million led by Visteon Corporation, a global automotive electronics major. Other participating investors include current Myelin investors Endiya Partners, Beyond Next Ventures, and Pratithi Investment Trust.

Indonesian manufacturing startup Imajin receives seed funding led by East Ventures

Imajin, a manufacturing startup based in Tangerang, Indonesia, announced Wednesday that it has secured seed funding led by East Ventures, along with the participation of 500 SEA, Init 6, as well as other investors and angel investors.

Indonesia’s iSeller raises $12M Series B led by Intudo Ventures

iSeller, Indonesia’s omnichannel-based Point of Sale (POS) platform for online and offline merchants, has on Thursday announced the completion of a $12 million Series B round of financing led by Intudo Ventures. The round also saw participation from KVision (Kasikornbank), as well as existing investors Mandiri Capital Indonesia and Openspace Ventures.

South Korea’s HYU partners Singapore’s Farquhar VC for global expansion

Hanyang University Holdings (HYUH), South Korea’s first university-based investment-holding company, has on Friday announced its partnership with Singapore homegrown early-stage innovation ecosystem enabler Farquhar VC (FVC), to enable Hanyang University (HYU) and South Korean startups to thrive in the global stage.

Singapore FinTech firm Pilon secures $5.2M seed funding led by Wavemaker Partners

Pilon, a Singapore-based FinTech firm that offers cloud-based supply chain financing system, has on Friday announced that it has successfully raised a seed round of $5.2 million led by Wavemaker Partners. The round also saw participation from Octava Pte Ltd and Polaris Kin Pte Ltd.

Capital Square Partners and Basil Technology team up for $700M tech fund in Asia

Capital Square Partners (CSP) and Basil Technology Partners (BTP) (collectively the GP or the team), two Singapore-based private equity firms, announced Thursday a new partnership and the successful close of a about $700 million fund (CSP Fund II).

B Capital closes third venture growth fund at $2.1B

B Capital, a global multi-stage investment firm, has on Thursday announced the close of its third venture growth fund and related companion funds (together, Growth Fund III), with aggregate capital commitments of approximately $2.1 billion.

PCCW, HKT launch metaverse virtual world PCCW-HKT Futurera

Hong Kong-based PCCW and HKT (PCCW/HKT) have announced the launch of PCCW-HKT Futurera, a virtual world in The Sandbox metaverse, introducing over 20 missions for players, such as games based on popular ViuTV show "Be ON Game", and serving as Hong Kong's first metaverse staff recruitment to explore Web3.0 talent through gamification.