Investments
Vietnam’s VinFast to raise $4B for US manufacturing facility via banks
Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.
India’s MedTel Healthcare plans to raise $10M Series A funding
MedTel Healthcare, an India-based business to business (B2B) and business to business to consumer (B2B2C) connected care and remote patient monitoring platform, said Tuesday it is planning to raise around $10 million in Series A. Existing investors and leading venture capitals have already expressed interest in the series A fund raise.
Singapore’s Intellect extends series A funding to $20M led by Tiger Global
Intellect, a Singapore-headquartered mental health startup, announced Tuesday it has raised an additional $10 million in a Series A extension, led by Tiger Global, bringing Intellect to a Series A total of $20 million. This round was led by Tiger Global and joined by new investors including K3 Ventures, JAFCO Asia, Singtel Innov8, and PERSOL Holdings, with…
Indonesian proptech platform Tanaku raises $5.5M pre-seed funding led by East Ventures
Tanaku, an Indonesia based proptech startup, said Tuesday it has raised $5.5 million of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank, Tanaku. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current…
India’s Vegrow raises $25M Series B funding led by Prosus Ventures
Vegrow, India’s leading business to business (B2B) marketplace for fruits announced Monday it has secured funding of a $25 million Series B round led by Prosus Ventures. Marquee investors Matrix Partners India, Elevation Capital, Lightspeed and Ankur Capital participated in the round while prominent angel and agri veteran Sanjiv Rangrass continues to back…
Singapore’s Panthera Growth leads $45M Series D fund raise by Innoviti
Innoviti Payment Solutions Pvt Ltd, India-based collaborative commerce platform said Friday that it has raised a $45 million combination Series D fund led by Singapore-based growth equity firm Panthera Growth Partners (PGP). PGP has invested $15 million in the company from its recently announced Fund II, along with new investors including Alumni Ventures,…
Indonesian property and construction startup AMODA raises pre-seed funding led by East Ventures
AMODA, a property and construction startup in Indonesia, announced Friday that it has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. The firm will allocate the fund to scale up the manufacturing facilities, expand its team, and invest in its research and…
Whisky Cask Club announces launch of Asia’s first-ever regulated Whisky Cask Fund Investment opportunity
The Whisky Cask Club announced on Thursday the launch of Asia’s first-ever Whisky Cask Fund, a unique platform which allows investors to invest in premium whisky casks at competitive rates. It is the only fund of its kind to be regulated by the Monetary Authority of Singapore (MAS).
Animoca Brands co leads $41 million Series C funding in Germany’s Klang Games
Klang Games, an innovative game development studio based in Berlin, announced Wednesday the completion of its Series C funding of $41 million, increasing its total funds raised to nearly $80 million. The funding round was co-led by Animoca Brands and Kingsway Capital, with participation from Anthos, Novator, Supercell, Roosh, AngelHub, and New Life…
