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Southeast Asia’s startup ecosystem saw $1.2 billion in exit value thus far this year, compared to $2 billion seen throughout the whole of 2020, according to Vertex Ventures Southeast Asia and India managing partner Ben Mathias.

The funding aims to further develop SIRCLO’s technological capabilities and accelerate the retail digitalization for various businesses all across Indonesia.

Decisions on what products to buy or services to avail of as parents are often influenced by research, social proofing, and seeking out detailed reviews. We, therefore, think that shopping increasingly needs to be a discovery-led experience instead of a search-driven process. 

The funding injection will enable Neuroglee to launch virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such as Alzheimer’s disease, while also advancing the company’s DTx pipeline.

The company plans to use the net proceeds from the offerings for business expansion and other general corporate purposes, including potential strategic investments and acquisitions.

Funds will be deployed to explore growth opportunities in Singapore and Malaysia, and kickstart its expansion into Thailand.

At the proposed deal size, AEI CapForce II Investment would command a market value of $129 million.

Our investment strategy revolves around today’s new customer, who might be the digital consumer or the digital company. They might be digital natives, or they could be newly digital. In any case, technology plays a bigger, more important, more fundamental role in their daily lives today.

The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, complementing the company's existing cross-border ecommerce business in the country, PayPal said.

Malaysia’s tech ecosystem is finally coming of age, and this is the moment to unlock Malaysia’s Underrated, Untapped and Unknown Unicorns-in-making.