On location
Tale of the (used car) tape: Putting Carsome and Carro head-to-head
Carsome vs Carro: Who wins Southeast Asia’s used car fight?
Singapore B2B transactions platform Tinvio secures $12M Series A to launch new financial services
With its Series A fund, the startup that began with giving B2B users a streamlined platform to communicate and consolidate orders will now delve further into fintech and plans to launch additional financial services, such as financing and credit card issuing.
PE firm Gaw Capital Partners sets up data center JV, with first investment in Batam, Indonesia
In addition to the maiden project in Batam, Data Center First will also work with Gaw Capital Partners to originate, evaluate and develop data center projects in Southeast Asia and beyond.
Singapore’s Partipost bags $5M extended funding on Series A led by Quest Ventures
The funds raised will further develop Partipost’s tech platform and accelerate business expansion into Vietnam, as well as strengthen current operations in Singapore, Indonesia, Taiwan, Malaysia, and the Philippines.
Animoca Brands, Brinc launch Launchpad Luna, an accelerator for NFT startups
The Launchpad Luna accelerator will identify and foster NFT innovation in the fields of culture, art, entertainment, media, gaming, streaming, collectibles, insurance, finance, and data management; DeFi and additional verticals will be added in the future.
Indonesia’s Desty raises $3.2M pre-Series A funding led by Xiaomi investor 5Y Capital
Desty will utilize the new funding primarily for team expansion and user acquisition. This move also marks 5Y Capital's first investment in Indonesia.
Singapore FoodTech firm Easy Eat raises $5M funding, eyes SEA expansion
The funding round came as Malaysia is in a so-called "full lockdown" with traveling restrictions to contain the ongoing COVID-19 pandemic. Restaurants and eateries are allowed to operate but no dine-ins are allowed and they are required to follow standard operating procedures set by the government.
Vietnam’s Kamereo bags $4.6M in Series A funding co-led by CPF Group, Quest Ventures, Genesia Ventures
Besides increasing the company’s manpower, the new funding will be used to bring Kamereo to Hanoi next year, to build a new warehouse management system, among others.
Malaysia online baby store Babydash raises $300K bridge round via equity crowdfunding
Babydash is now doubling down on key targeted activities to aggressively expand its customer and product base. The company aims to drive up revenue per transaction while expanding its footprint in ASEAN targeting to double the size of the company in the next 12 to 18 months.
Malaysia PE firm Creador eyes tech sectors after raising $500M for first close of 5th fund
The development comes at a time when more global PE firms are looking for investment opportunities in the tech sector in Southeast Asia.
