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Singapore energy management firm Resync Technologies secures $2M Series A from GGV Capital to power an AI-driven, greener energy future
Resync Technologies (Resync) has raised $2 million in Series A funding from global venture firm GGV Capital. The investment will back the company’s plans to innovate and develop more advanced features for its energy cloud platform, while expanding to more markets across Asia Pacific and the Middle East.
November 18, 2021
Australia’s Airwallex raises additional $100M in Series E1 led by Lone Pine Capital, valuation reaches $5.5B
The funding comes just a month after Airwallex announced an oversubscribed Series E round as the company looks to accelerate its global expansion plans. This latest round takes Airwallex’s total Series E fundraising to $300 million, with $802 million raised in total.
November 18, 2021
News,EdTech,Malaysia,Investments
Malaysia EdTech firm ReSkills EdTech raises $1.5M funding for Southeast Asia expansion
ReSkills EdTech has recently secured a $1.5 million investment from a group of private angel investors led by JSF Platinum to boost growth plans and stabilize its expansion, especially in the Southeast Asian region.
November 17, 2021
SEA,Indonesia,Philippines,TNGlobal Q&A and Interviews,eCommerce,Vietnam,Mergers and Acquisitions
Vietnam’s Society Pass eyes M&A opportunities in Indonesia, Philippines after share price jumps more than 400% on NASDAQ
The firm is keen to pursue acquisitions in categories that augment its loyalty point ecosystem, as well as e-Commerce and online travel.
November 17, 2021
News,Indonesia,Venture Capital,Malaysia,Investments
Malaysia’s Sunway Group and Indonesia’s Kejora Capital launch $25M fund to support early-stage Malaysian startups
Orbit Malaysia will actively invest in Series A, industry-leading companies operating in the FinTech, AgriTech, eCommerce, EdTech and HealthTech sectors, and will invest not only in Malaysian startups, but also significantly in other high-growth Southeast Asian startups.
November 17, 2021
News,Investments,Asia,Transportation
Australian e-bike player Zoomo raises $60M Series B funding to lead commercial e-bike industry
Zoomo has raised $60 million in Series B funding led by Grok Ventures. It will use the funds to expand its operations into new cities and countries, deepen software integration with its customers, and finalize development of the firm’s next-generation vehicles.
November 17, 2021
News,Investments,Singapore,SaaS
Singapore enterprise SaaS platform Quincus closes Series B funding led by AEI HorizonX
Quincus has raised an undisclosed amount in the second close of its Series B funding round led by AEI HorizonX. The latest investment will be used for the expansion of the firm’s global footprint with an emphasis on commercial growth in the United States.
November 17, 2021
News,Singapore,China,Investments
Singapore’s Temasek to halt investments in Chinese tech firms ‘temporarily’ amid Beijing crackdown – report
“It’s just that in China, the way it is being executed has been a little more blunt and quick, and that is why it has created a lot of shocks out there,” Sipahimalani was quoted as saying.
November 16, 2021
News,Philippines,eCommerce,Investments
Philippines BNPL startup Plentina raises additional $2.2M in TMV-led funding round
Proceeds of the funding will be used by Plentina to accelerate the company’s growth in the Philippines, to offer new product expansions, and to begin exploring other markets in Southeast Asia, such as Vietnam. This seed round will also help propel its growth as it targets Series A funding next year with senior talent joining the firm between now and then,…
November 16, 2021
News,Vietnam,Blockchain / Crypto,Investments
Vietnam’s NextTech launches $50M blockchain fund
through an exclusive 8-way due diligence approach, Next100 Blockchain intends to become an essential reputational indicator--to be a "lighthouse" that helps the crypto investing community to navigate crowdfunding campaigns and mitigate the risk of investing in fraudulent projects.
November 16, 2021