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Singapore’s Parentinc raises $22M in Series D funding round led by East Ventures

The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…

Indonesian textile tech platform Wifkain raises a seed round led by Insignia Ventures Partners

Indonesian textile tech platform Wifkain said Wednesday it has raised a seed round led by Insignia Ventures Partners as it builds Indonesia’s first tech-enabled textile trading platform. Prominent angels including Atome’s Wawan Salum participated in this round. The funding will go towards expanding the suite of services provided to small and medium sized…

Malaysia’s JurisTech partners with Germany’s Mambu to drive innovation in Malaysia’s digital banking ecosystem

Malaysian FinTech firm JurisTech on Wednesday announced a partnership with Germany-based cloud-native core banking platform Mambu to propel the growth of the digital banking ecosystem in Malaysia. This new collaboration will act as a catalyst for further expansion of the industry, with the result being greater support for both unbanked and underserved…

Indonesian content platform IDN Media launches $3.5M fund for livestreamers

Indonesia-based content platform IDN Media announced Tuesday that it has launched a 50 billion Rupiah ($3.5 million) IDN Live Streamer fund to build the streamers ecosystem in IDN Live. The fund is an initiative by IDN Live to give appreciation to the streamers and to empower them in their journey as live streamers.

Taiwan EV battery swap firm Gogoro debuts on Nasdaq

Gogoro Inc., a Taiwan-based technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, on Tuesday became a publicly listed company trading on the Nasdaq Global Select Market with its ordinary shares and warrants listed under the new ticker symbols "GGR" and "GGROW", respectively. The company completed the…

Singapore’s Gotrade raises $15.5M in Series A round led by Velocity Capital Fintech Ventures

Gotrade, a Singapore-based investing platform, said Tuesday it has raised $15.5 million in a Series A round led by Velocity Capital Fintech Ventures (Velocity). The round also saw participation from investors around the globe including Mitsubishi UFJ Financial Group (MUFG) from Japan, BeeNext from Singapore, Kibo Ventures from Spain, Picus Capital from…

Singapore’s Fairmart raises $1.5M seed round co-led by Quest Ventures and Entrepreneur First

Singapore-based e-Commerce marketplace Fairmart announced Wednesdya the closing of an oversubscribed S$2 million ($1.5 million) seed round co-led by Quest Ventures and Entrepreneur First, with participation from SOSV, Vectr Ventures and Hustle Fund.

Philippine e-commerce aggregator Armada Brands raises $1.3M Pre-Seed co-led by M Venture Partners and Foxmont Capital Partners

Armada Brands (Armada), a Philippine-based e-commerce aggregator, said Tuesday it has raised $1.3 million in pre-seed funding to invest in e-commerce entrepreneurs looking to scale their brands. The pre-seed funding round of $1.3 million was co-led by the venture capital firms M Venture Partners and Foxmont Capital Partners.

Indonesia’s CrediBook raises $8.1M Series A funding led by Monk’s Hill Ventures

CrediBook, an Indonesia-based bookkeeping app, announced Tuesday its $8.1 million Series A funding round led by Monk’s Hill Ventures with participation from existing investors such as Insignia Ventures Partners and Wavemaker Partners. This round of funding will be used to accelerate CrediBook’s nationwide expansion, product development, talent acquisition,…

Indonesia’s Alpha JWC Ventures deploys over $100M investments from its third fund

Indonesia-based venture capital firm Alpha JWC Ventures announced Tuesday a strong first quarter showing as the company witnessed record portfolio growth with 30 new signed deals from its Fund III - with over $100 million deployed.