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Indonesian alt-protein startup OFF FOODS raises $1.7M seed round led by Alpha JWC Ventures
Indonesian-based food tech startup OFF FOODS announced Tuesday its $1.7 million seed funding round led by Alpha JWC Ventures and participated by Global Founders Capital (GFC) and other strategic investors including Creative Gorilla Capital, Lemonilo, and United Family Capital (UFC). With this fresh seed capital, OFF FOODS plans to invest in its research and…
Singapore’s TechCreate and Diginius to merge and combine into an integrated FinTech enterprise
TechCreate Solutions Private Limited (TechCreate), a Singapore-based technology services group specialising in digital payment and digitalisation solutions, and Diginius Pte. Ltd. (Diginius), a provider for information technology (IT) security and infrastructure solutions, on Tuesday announced a merger between both companies via a share swap transaction…
Singapore FinTech platform Recur Club raises $30M seed round led by InfoEdge Ventures and Village Global
Recur Club, a Singapore-based FinTech platform facilitating non-dilutive growth capital for companies with recurring revenues, said Tuesday it has closed its $30 million seed funding round, as a combination of equity and debt allocation. The funding round was led by InfoEdge Ventures and Village Global, with financing for the platform from marquee…
Aura FAT Projects Acquisition Corp closes $115M SPAC IPO on Nasdaq
Aura FAT Projects Acquisition Corp,a special purpose acquisition company (SPAC) focused on funding emerging technology start-ups with an acute growth potential in Southeast Asia and Australasia, announced Tuesday the successful close of its initial public offering (IPO) of $115 million.
Singapore FinTech startup Doxa secures $2M in pre-series A round
Doxa Holdings International Pte. Ltd. (Doxa), a Singapore-based fintech startup, said Monday it has successfully concluded its S$3 million ($2.21 million) pre-series A funding round from financial institutions including venture capitals, public listed and logistics corporations. Doxa plans to use the incoming funds to accelerate its traction in the built…
Ant Group to become major shareholder of Singapore payment firm 2C2P
Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.
Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding
Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…
SoftBank Robotics partners UnaBiz to integrate IoT and robotics to boost facility management operations efficiencies
SoftBank Robotics Group Corp., a robotics solutions provider under Softbank, announced Monday that it has partnered with UnaBiz, a massive internet of things (IoT) provider based in Singapore, to initiate a seamless integration of IoT sensors and robotics in building management and maintenance that will streamline work processes, allowing efficient…
Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group
Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group.
