Singapore
Former execs from Carousell, OVO & Airbnb launch Rainforest with $36M Seed fund to consolidate APAC Amazon Sellers
The startup will be using its seed fund to acquire Amazon FBA (Fulfillment by Amazon) brands, invest in technology, and bolster the company’s efforts in recruitment.
Thai FinTech startup atato raises $1M in Seed round led by Zipmex and SOSV
atato plans to use its fresh capital to continue working on its digital assets products and to strengthen its teams, security, and compliance. It plans to continue helping companies create, store, and manage digital assets in full compliance with any local digital assets regulations. The company specifically wants to work on compliance in the areas of…
Indie game dev platform Jambox secures $1.1M Seed funding to foster next-gen competitive game publishing in India and SEA
The Seed fund will be used to fuel the startup’s next-generation competitive game publishing platform for indie game developers specifically in India and Southeast Asia. Jambox plans to launch the platform and establish roots in Vietnam, India, and Indonesia before moving towards launching in Malaysia, Thailand, and the Philippines.
After $50M Series A, iSTOX tokenizes Temasek-backed Astrea VI private equity bonds for enhanced access and automation
Through tokenization, securities such as bonds, equity, and funds will be available on blockchain networks through smart contracts.
Singapore e-scooter company Neuron Mobility gears up for South Korea launch to provide tech-driven micromobility options
The company will be launching 2,000 units that meet Korean safety standards to test how the product will be used in Seoul. It plans to scale its operations and deploy more units in the city later in the year.
UNObank to pilot in the Philippines as Xebia partners with Singapore-based DigibankASIA to launch the full-service digital bank
It will be a full-service digital bank that will have its pilot launch in the Philippines with a target to expand across the region.
Singapore leads Southeast Asian FoodTech movement as Next Gen secures $10M Seed fund to launch its plant-based chicken alternative
Southeast Asia continues to grow in the FoodTech and meat alternative industry as investors continue to back foreign and regional companies. Singapore spearheads the movement with multiple startups and key investments in the industry.
Wireless tech startup Transcelestial to enter Philippines’ internet infrastructure market with $2M investment from Kickstart Ventures
The company aims to address the Philippines’ Internet infrastructure bottleneck problem through its tech. It plans to provide ISPs, enterprises, and government agencies with a cheaper alternative to traditional fiber optic cables without compromising on internet quality and reliability.
Bot MD secures $5M Series A amid pandemic-driven demand for MedTech
Fresh capital will be used to expand in other Asia-Pacific countries such as Indonesia, Malaysia, India, and the Philippines and improve the platform to include new features based on accelerated demand driven by the pandemic.
