Venture Capital

Alternative protein investor Lever VC announces $80M final close of Lever VC Fund I

Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.

Malaysian government entities MaGIC & Penjana Kapital collaborate to offer seed stage startups better funding access

By bridging the funding gap, MaGIC and Penjana Kapital aspire to reorient private capital for innovative start-ups, attract global and regional VCs into Malaysia, as well as elevate knowledge transfer, talent development and creation in Malaysia ecosystem.

Singapore’s Neuroglee Therapeutics closes $10M Series A led by Openspace Ventures, EDBI

The funding injection will enable Neuroglee to launch virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such as Alzheimer’s disease, while also advancing the company’s DTx pipeline.

For Kickstart Ventures, investment strategies revolve around the digital ‘new consumer’ [Q&A with Minette Navarrete]

Our investment strategy revolves around today’s new customer, who might be the digital consumer or the digital company. They might be digital natives, or they could be newly digital. In any case, technology plays a bigger, more important, more fundamental role in their daily lives today.

‘Indonesia-only’ VC firm Intudo Ventures closes $115M Fund III

Intudo Ventures Fund III will seek out opportunities in agriculture, B2B & enterprise, education, finance & insurance, healthcare, logistics, and new retail & entertainment, constructing a concentrated portfolio of 12-14 Indonesian homegrown companies.

Pakistan logistics startup Truck It In extends pre-seed round to $4.5M

The extended round was again led by Global Founders Capital and Fatima Gobi Ventures. They have been joined by early-stage technology investment firm Picus Capital and Zayn Capital.

Vietnam healthcare marketplace Thuocsi.vn raises $9M in Series A funding round led by Smilegate Investment

The fresh funds will be used to grow its distribution network both in Vietnam and in other parts of Southeast Asia.

Singapore’s Accelerating Asia launches $20M Fund II

The targeted $20 million fund already has around 50 percent in soft commitments from existing investors and partners.

ScaleUp Malaysia launches Cohort 3, partners with Quest Ventures & Indelible Ventures

For Cohort 3, ScaleUp Malaysia is looking towards working with more scaleups eyeing the regional and global stage.