On location
Malaysian PropTech firm Urbanmetry bags $2M Pre-Series A led by Monk’s Hill Ventures
Urbanmetry has closed a Pre-Series A round of $2 million led by Monk’s Hill Ventures. The funding will be used for developing its intelligent data products and platforms to serve end consumers in the property and mortgage markets; and for building out its product, technology, data, and business development teams.
Singapore’s Aera VC raises $30M for climate breakthroughs
Aera VC announced Monday a $30 million first close of its new fund investing in startups accelerating the planet toward a sustainable future. The new climate-focused fund is launching with a portfolio of global climate stars including Houston-based chemical decarbonisation firm Solugen, as well as Shiok Meats (Singapore), Carbon Chain (London), Noya and…
Temasek leads Amber Group’s $200M Series B+ round, valuing the company at $3B
Amber Group announced Tuesday a $200 million Series B+ round led by investment company Temasek, with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others. A significant follow-up to Amber Group's 2021 $100 million Series B round, this Series B+…
Carsome plans to build more used car refurbishment centers in Malaysia, Indonesia & Thailand
Carsome has on Tuesday launched the so-called Carsome Certified Lab in Malaysia, which claimed to be Southeast Asia’s largest car refurbishment facility.
Singapore FinTech firm M-DAQ acquires payment firm Wallex to expand its cross-border ecosystem
M-DAQ has entered into a definitive agreement to acquire Wallex. The acquisition is the first of a series for M-DAQ, as it embarks on a global growth plan to capture market opportunities and expand its downstream reach in the value chain. In addition to the amount paid for the full acquisition, M-DAQ will also be injecting fresh working capital to…
Singapore “Create2Earn” metaverse Chillchat closes $1.85M seed equity funding round led by Solana Ventures
Chillchat has raised $1.85 million in seed equity funding led by Solana Ventures. Bringing Chillchat’s equity valuation to US$10 million, the seed equity round included participation from key blockchain-gaming and Web3 leaders: FTX Ventures, Animoca Brands, Griffin Gaming Partners, A&T Capital, YGGSEA; plus Infinity Ventures Crypto, Diamond Hands…
Finding a niche in the Philippines’ Iron Triangle
In this third part, we explore how much Covid-accelerated digitization boosted the country’s ‘Iron Triangle’ – e-commerce, logistics, and fintech – startups, and how the startup Davids are battling the Goliath super apps to carve out their own niches.
Hong Kong FinTech startup StockViva bags $3M Series A funding, bringing total raise to $5M
StockViva has raised more than $3 million in a round of Series A funding by renowned investors, including Farquhar VC from Singapore, Kharis Capital from Luxembourg, and Hong Huan Group, Angelhub, along with several individual investors from Hong Kong. Combined with the previous $2 million investment by Alibaba Hong Kong Entrepreneurs Fund from Hong Kong,…
Philippine payments platform PayMongo raises $31M in Series B funding
PayMongo has secured $31 million in Series B funding to scale its operations. Participating in the round are Justin Mateen’s JAM Fund, Philippine VC firms ICCP-SBI Venture Partners and Lisa Gokongwei’s Kaya Founders, together with existing investors Global Founders Capital and SOMA Capital. Also joining the round are founders of top European fintech…
Thailand’s PRIMO receives Pre-Series A funding from Fuchsia VC and Beacon VC
Primo World Company Limited (PRIMO) has received Pre-Series A funding from Fuchsia Venture Capital Company Limited (Fuchsia VC) and Beacon Venture Capital Company Limited (Beacon VC). SOSV, the world’s top-five venture capital (VC), and Infinity Technologies VC, who contributed to the Pre-Seed round, also took part in this round of funding.
