Venture Capital
Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round
The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.
UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund
The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.
Singapore-based Forge Ventures hits first close of maiden fund at $21.9M
Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.
Victor Chua of Vynn Capital on investment opportunities, finding fundable teams, and unicorn startups [Podcast Q&A]
Victor Chua is a founding and managing partner of Vynn Capital, a Southeast Asia-based VC firm with a core focus on value creation for institutional investors as well as founders of innovative startups through strategic investments into early-stage technology-driven startups.
Startup Studio Indonesia announces 15 startups for Batch 3
Startup Studio Indonesia has selected 15 early-stage startups - out of a total of 5,723 registrants - to take part in Startup Studio Indonesia's third batch of incubation training.
Singapore payments firm Spenmo secures $34M Series A led by Insight Partners
Led by Insights Partners, Spenmo has clinched one of Singapore’s largest Series A funding rounds to date.
UOB Venture Management leads $30M Series B in Indonesia ‘halal’ social commerce platform Evermos
The fresh funds will be used to expand the leadership and growth teams, to enter new geographies and to deepen technology development.
Softbank leads soccer NFT platform Sorare’s $680M Series B funding round
The company has also received interest from leagues and fans across the globe to replicate Sorare model in other sports and it plans to roll out new sports in 2022.
Singapore-based online spiritual wellness firm Emerging Vision raises $4M in Series A funding
The company will use the funds raised to enhance its live streaming technology- and AI-powered online spiritual platforms and scale its operations across new and existing markets.
SOCAR Malaysia raises $55M in Series B funding from EastBridge Partners, Sime Darby
The $55 million investment will be channeled towards continuous technological enhancements and investing in further trust and safety measures that will help improve the overall profitability of the business.
