Singapore
Singapore financing startup Jenfi raises $6.3M Series A led by Monk’s Hill Ventures
The Series A funding will be used for product development, customer acquisition, and expansion in Southeast Asia.
Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia
Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.
Singapore’s Real Estate Doc collaborates with Huttons Asia to digitalize real estate processes & transactions
Under their digital road map, this collaboration will encompass several pillars, which include digitalizing real estate workflows and transactions.
PropertyGuru completes acquisition of iProperty Malaysia, thinkofliving
iProperty Malaysia and thinkofliving will continue to operate separately, PropertyGuru said. The group will work to ensure the smooth integration of the businesses while delivering the same value and services to property seekers, agents, and developers.
Singapore property platform Ohmyhome raises $5M in Series A+ funding
The company will use the fresh capital to enhance its data-matching technology across its Singapore, Malaysia, and Philippine markets.
Singapore FoodTech startup Hoow Foods raises $2.22M pre-Series A, launches new plant-based subsidiary Hegg Foods
The company is currently planning its pilot-scale production and is working on plans to commercialize HEGG by the first half of 2022.
Temasek, SoftBank invest in India EdTech unicorn Unacademy’s Series H funding round
The latest fundraise takes the valuation of Unacademy Group to $3.44 billion.
Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms
Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast Asia.
Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures
The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.
Consumers are spending with overseas retailers more now than ever
2020 was the year of the pandemic, and undoubtedly, the year of e-commerce. With the mobility restrictions, people were spending more time at home and turning to the Internet to meet more of their daily needs. The result of this massive digital adoption was the exponential growth of the Southeast Asia e-commerce market.
