Asia

India’s Zepto raises $200M Series D led by Y Combinator Continuity

Just nine months after launching, Indian quick commerce firm Zepto has announced its $200 million Series D fundraise, valuing the company at around $900 million. Y Combinator Continuity doubled down and led Zepto’s Series D, with new investor Kaiser Permanente joining in to back the company.

Indian smart interviewing platform BarRaiser secures $4.2M in seed funding round

BarRaiser, an India-based artificial intelligence (AI)-powered smart interviewing platform, announced Monday that it has raised $4.2 million in seed financing. The seed funding round was led by 021 Capital and Global Founders Capital, with participation from other angel investors.

India’s Geniemode lands $28M Series B funding led by Tiger Global

Geniemode, an India-based business to business (B2B) cross-border tech platform for lifestyle goods, said Friday it has scooped up $28 million Series B funding led by Tiger Global. Existing investor Info Edge Ventures, also doubled down in the round.

Hong Kong’s Animoca Brands partners Germany’s OneFootball to bring football to blockchain

Animoca Brands, a Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday that it has partnered Germany-based football media platform OneFootball and United States-based venture capital firm Liberty City Ventures to set up OneFootball Labs, which will enable clubs, leagues, federations and players to…

Hong Kong SaaS firm Coherent raises $75M Series B led by Maverick Capital

Coherent, a Hong Kong-based no-code software-as-a-service (SaaS) provider, announced Wednesday it has closed a $75 million Series B funding round led by Maverick Capital, including Maverick Ventures, with participation from Owl Rock, a Blue Owl division, GreatPoint Ventures, and existing investors Cathay Innovation and Franklin Templeton.

Singapore e-scooter operator Neuron Mobility raises $43.5M to fuel rapid international expansion

Neuron Mobility, a Singapore-based shared e-scooter and e-bike operator, announced Wednesday it has successfully raised $43.5 million in Series B funding, follows 19 months of significant growth and brings the company’s total funding to $77.7 million. The investment round was co-led by global venture firms GSR Ventures and Square Peg. Also joining the round…

Singapore’s Adgorithmics partners South Korea’s Klaytn Foundation to launch NFT-based loyalty program

Singapore algorithms e commerce firm Adgorithmics and South Korea blockchain platform Klaytn Foundation announced Thursday a partnership to utilize non-fungible tokens (NFTs) for an e-commerce incentive system and customer loyalty program through the MetaGachas platform.

US-based MassMutual Ventures announces new $300M fund for Europe & APAC

United States-based MassMutual Ventures (MMV) announced Wednesday that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise software as a service (SaaS), and cybersecurity.

Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment

Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.