Venture Capital
917Ventures creates MSME ecosystem to address digitalization woes
917Ventures, a venture builder in the Philippines, has established six startups dedicated to supporting micro, small, and medium enterprises (MSMEs) in their digital transformation efforts, from securing funding and upskilling to expanding their customer reach.
Peak XV’s Surge unveils ninth cohort
Peak XV’s rapid scale-up program Surge has on Monday launched its ninth cohort of early-stage startups featuring 32 inspiring founders across 13 startups. Surge’s curated community of startups now includes nine cohorts, 330+ founders and 140+ startups across 16+ sectors in less than five years.
Kazakhstan Science Fund partners Quest Ventures to boost startup ecosystem
The Science Fund, a Kazakhstan national institute for scientific and technological development, has on Monda announced that it has signed an agreement with Singapore-based venture capital firm Quest Ventures to bolster the vibrant emerging startup and innovation ecosystem in the country.
Japan’s Beyond Next Ventures achieves first close of its deeptech fund at over $67.17M
Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).
Jungle Ventures launches program to support early-stage startups
Singapore-based venture capital firm Jungle Ventures is launching First Cheque@Jungle, a bespoke program for partnering with seasoned operators at idea, pre-seed and seed stages.
ALIAVIA Ventures back female founders with $8.7M fund
ALIAVIA Ventures, the California-based venture capital firm investing exclusively in female tech founded startups across Australia and the United States, has on Tuesday announced the close of its first fund, raising AUD 13.5 million ($8.7 million).
1982 Ventures expands regional team with key ecosystem and platform hire
1982 Ventures, the early stage venture capital firm focused on fintech and tech infrastructure in Southeast Asia, has announced the key hire of Amiyandra Suratman as Regional Venture Capital Ecosystem and Platform Lead based in Jakarta, Indonesia. Her responsibilities will be to support the fund with strategic stakeholder relations including portfolio…
MRANTI appoints Rais Hussin Mohamed Ariff as new Chief Executive Officer
The Malaysian Research Accelerator for Technology and Innovation (MRANTI) Board of Director (BoD) has announced the appointment of Dr. Rais Hussin Mohamed Ariff as its new Chief Executive Officer (CEO). Rais will take over from the current Acting Chief Executive Officer and Chief Commercial Officer Khairil Anuar Sadat, effective 9 October 2023.
Singapore’s CrossFund raises additional $1.5M in funding at a $47M valuation
Singapore-based Fintech startup CrossFund has raised additional $1.5 million in funding at a $47 million valuation. The firm has raised its fourth funding round in two years from family offices in the Middle East and North Africa (MENA) and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels.
East Ventures and SV Investment announce the $100M dedicated fund for Southeast Asia
East Ventures, an Indonesia-based venture capital firm, and SV Investment, a South Korea-based venture capital and private equity firm firm, have on Friday announced the $100 million dedicated fund for Southeast Asia. This fund aims to open the investment corridor between the Southeast Asian and Korean venture ecosystem, including capital investment,…
