On location
India conversational automation firm Uniphore bags $400M Series E funding, valuation climbs to $2.5B
Uniphore nnounced Wednesday its Series E funding round of $400 million. The round, which brings its total funding to more than half a billion ($610 million) is led by American-based venture capital firm New Enterprise Associates (NEA) and raises the company’s valuation to $2.5 billion, March Capital and other existing Uniphore investors along with new…
February 17, 2022
News,Investments,Sustainability,Singapore,SaaS
Singapore SaaS firm RIMM Sustainability raises $3M in Pre-Series A funding led by BEENEXT and others
Real Impact Matters Most (RIMM) Sustainability has raised a total of $3 million in its pre- series A round on its quest to make sustainability accessible and actionable to small and medium sized enterprises (SMEs). The funding round was led by venture capital fund BEENEXT and one of Japan’s most successful tech investors Mamoru Taniya. Other key investors…
February 17, 2022
News,Indonesia,Blockchain / Crypto
Indonesia’s NOBI lands $4M in an oversubscribed seed funding round led by AC Ventures
NOBI announced Thursday a $4 million in an oversubscribed seed funding round led by AC Ventures, with participation from Appworks, Skystar Capital, Cakra Ventures, Global Founders Capital (GFC), and angel investors. The funding will be used to further enhance its product, grow its Honest Token (HNST) utility and expand the team.
February 17, 2022
News,Investments,Singapore,HealthTech
Singapore health data verification platform Riverr bags $1M seed round from KSL Maritime Ventures and SEEDS Capital
Riverr has raised a $1 million seed round led by KSL Maritime Ventures. Enterprise Singapore’s SEEDS Capital also participated in the round. The fresh capital from maritime industry leaders will enable Riverr to accelerate its go-to-market roadmap with healthcare providers across Singapore, Philippines, India and Indonesia as it introduces its platform to…
February 16, 2022
News,Mergers and Acquisitions,Singapore,InsurTech
Singapore insurtech unicorn Bolttech acquires AVA Insurance
Bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency (AVA). The acquisition of AVA will accelerate the deployment of Bolttech’s insurance exchange in Singapore, connecting insurers, distributors and customers, making it easier and more efficient to buy and sell insurance.
February 16, 2022
Hong Kong event SaaS firm EventX raises an additional $8M led by GL Ventures
EventX has raised an additional $8 million in Series B plus funding, bringing the company’s Series B total to $18 million. The funding was led by GL Ventures, with participation from other investors. The new funding will go towards financing potential acquisitions, strengthening its international operations and expanding the company’s presence in Asia,…
February 16, 2022
Singapore’s Funding Societies raises $294M led by Softbank to fuel expansion plans in Southeast Asia
Funding Societies has raised $144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2. Other new investors included Vietnamese tech giant VNG Corporation, Rapyd Ventures, Asia-based global investor EDBI, Indies Capital, K3 Ventures, and Ascend Vietnam Ventures.
February 16, 2022
China,AI,RegTech,Computer Vision,Asia,TNGlobal Q&A and Interviews,Sustainability
Leveraging AI to create safer, ESG-compliant construction sites [Q&A]
viAct, an AI construction tech (contech) startup based out of Hong Kong, automates construction monitoring using a combination of computer vision, edge devices and a mobile app.
February 15, 2022
News,eCommerce,Philippines,SEA,Vietnam,Mergers and Acquisitions
Vietnam’s Society Pass completes acquisition of Philippines online grocery delivery service Pushkart.ph
Society Pass Incorporated (SoPa) has acquired Pushkart.ph, an online grocery delivery service in Philippines. The move kicks-off SoPa’s expansion into the Philippines market. Leveraging on SoPa’s capital, Pushkart.ph will focus on dramatically increasing on-demand grocery shopping services to more consumers and more retailers initially to Metro Manila and…
February 15, 2022
Singapore consumer internet firm Glance gets $200M from Reliance Industries’ Jio Platforms
Glance has agreed to raise $200 million from Reliance Industries Limited's subsidiary Jio Platforms Limited (Jio) in its Series D round of funding. The proposed investment by Jio is aimed at accelerating Glance’s launch in several key international markets outside of Asia such as the United States, Brazil, Mexico and Russia.The company is aiming to create…
February 15, 2022