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Climate tech startup Allinfra raises $6M in Series A funding round led by Nomura

Allinfra today announced the closing of its Series A funding round. Headquartered in Hong Kong, the company develops enterprise software designed to help institutions across a range of industries achieve their sustainability goals.

Singapore’s Funding Societies expands financing offerings for MSMEs via Islamic FinTech facilities

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions based on Commodity Murabahah (Tawarruq) for creditworthy and underserved Malaysian micro, small, and medium enterprises (MSMEs) seeking to grow their business or expand their…

Polymerize raises $4.2M in Series A funding led by Elevation Capital

Polymerize, a material informatics platform for R&D in chemical companies headquartered in Singapore, announced today that it has raised $4.2M in Series A funding led by Elevation Capital. The round also saw participation from InfoEdge Ventures who had previously invested in their Seed round.

Red Door Digital lists Reign of Terror NFTs on Fractal Marketplace

Red Door Digital, the Web 3.0-ready game studio and publisher, today announced it will be launching NFTs for its in-house developed Web3 game Reign of Terror via Fractal, the online NFT marketplace for Solana-based game assets. Founded by Twitch Co-Founder Justin Kan and Google Drive co-founder David Wurtz, Fractal shares Red Door Digital’s mission to…

Malaysia’s Cradle Fund’s outgoing CEO Rafiza Ghazali to lead KAF-led digital Islamic bank

Rafiza will initially be joining KAF Investment Bank as part of the digital bank project team pending the incorporation process of the digital bank entity, KAF Investment Bank said.

Singapore metaverse UGC platform BUD raises $36.8M Series B led by Sequoia Capital India

BUD, a Singapore-based metaverse user-generated platform, announces Monday its $36.8 million Series B round led by Sequoia Capital India with participation from ClearVue Partners, NetEase and Northern Light Venture Capital. Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round.

Singapore’s SwipeRx secures $27M Series B funding to accelerate growth across Southeast Asia

SwipeRx (formerly mClinica Pharmacy Solutions), a Singapore-based platform for pharmacies, announced Monday it has secured a Series B round of $27 million in equity and debt to accelerate growth across southeast asia (SEA). The round was led by Indonesia's MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson…

Maria Health partners with Deel to provide affordable health coverage to Philippine remote workers

Maria Health, the largest online health insurance marketplace in the Philippines, has partnered with Deel to provide access to affordable health insurance for companies hiring remote workers in the country.

Choco Up partners with Shoplazza to transform the financing landscape for DTC e-commerce merchants

Choco Up, a global technology and financial services platform offering revenue-based financing and growth solutions for digital merchants and startups, today announced its partnership with Shoplazza, a global e-commerce Software as a Service (SaaS) platform. Together, their collaboration will provide quick and accessible business growth funding for…

Grab Financial Group launches new brand GrabFin

Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.