Investments

Indonesia’s Mekari secures $50M funding led by Money Forward

Mekari, an Indonesia-based software-as-a-service (SaaS) startup, announced Friday its latest funding of $50 million led by Money Forward Inc, the largest SaaS provider of…

Japan’s chat commerce firm Zeals raises $38.77M funding led by JIC Venture Growth Investments

Zeals Co., Ltd. (Zeals), a Japan-based Chat Commerce provider, announced Thursday that it has raised a total of ¥5 billion ($38.77 million) in funding. JIC Venture Growth…

East Ventures raises $550M multi-stage fund to focus on Indonesia and Southeast Asia startups

Indonesia-focused venture capital firm East Ventures has raised a total of $550 million in the final close of its latest fund. Headquartered in Singapore and founded in 2009, East…

Malaysian Prime Minister too, tries to court Tesla to invest in the country – report

Malaysia Prime Minister Ismail Sabri Yaakob has suggested US-headquartered electric vehicle maker Tesla to invest and produce electric car in the country as he presented Malaysia…

Singapore’s Supabase announces $80M Series B funding led by Felicis

Supabase, a Singapore-based open-source database-as-a-service (DBaaS) company, announced Tuesday that it has raised $80 million in Series B funding led by Felicis, with…

SC Ventures and SBI Holdings sign MOU to speed up portfolio expansion and build ecosystems

SC Ventures, Standard Chartered’s innovation, fintech investment, and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc.…

Singapore insurtech firm CoverGo raises $15M Series A led by SemperVirens VC

CoverGo, a Singapore-based insurtech platform, announced Tuesday it has secured $15 million in Series A funding led by California-based SemperVirens VC with participation from US…

South Korea’s oHouse raises $182M Series D funding from SoftBank Ventures Asia and others

oHouse, a South Korean home furnishing and remodeling unicorn, announced Monday that it has raised $182 million Series D funding from prominent global investors to power the…

SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round

SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of…

Vietnam social commerce platform Aemi raises $2M Seed funding to provide solutions for creators and micro retailers

Vietnam social commerce platform Aemi announced on Thursday it has recently raised $2 million in a pre-Seed funding round co-led by Alpha JWC Ventures and January Capital, with…