Singapore

Following this investment round, Pace is now the fastest-growing multi-territory BNPL player from Singapore. The new funding will go towards expanding technology, operations, and business development, to hit a Gross Merchandise Value run rate of $1 billion in 2022 and grow its user base by 25 times over the next 12 months.

Pomelo Pay has raised $10 million in a Series A round led by Inference Partners. The investment will allow the company to expand its presence across global markets including Europe and Asia, starting with plans to double their workforce in London, Singapore, Vietnam, Thailand, and the Philippines.

Combinator-backed Deskimo closed a $3M Seed financing round and is now launching in Jakarta as its first expansion market after Singapore and Hong Kong. The Singapore-based startup sees strong demand from companies that move to a permanently hybrid workplace, a shift that is happening all around the world.

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.

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.

“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.

AI Rudder uses voice AI technology to help businesses solve B2C communication challenges across a range of different industries, such as banking and finance, fintech, and e-commerce. Notable clients include fast-growing companies like Kredivo, Adira Finance, and FinVolution.

Sleek has raised $14M in Series A funding led by White Star Capital and Jungle Ventures, bringing the total capital raised by the company to $24 million. The company will use the fresh funds to bolster tech and product development, hiring, and expand presence in existing markets and enter new ones.

Glife Technologies has raised SG$11 million ($8.13 million) Series A funding led by Heliconia Capital, a wholly owned investment subsidiary of Temasek Holdings. The latest fundraise will facilitate its investment into Novitee, and extend its position as a vertically integrated solution provider for food and beverage merchants in Southeast Asia.

Milieu Insight has secured $5 million in its latest round of funding led by MassMutual Ventures Southeast Asia. The round also saw the participation from OSK Ventures International Bhd, Genesis Alternative Ventures, as well as several private investors. The funding will be primarily used for the development of new products, as well as geographic expansion…