Investments
Indonesia’s Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas…
Bill Gates says crypto, NFTs are “based on greater-fool” theory – report
Bitcoin plunged more than 15 percent on Monday and another 5.4 percent on Tuesday, part of a broader crypto sell-off fuelled by higher-than-forecast US inflation and the halt of withdrawals by lending platform Celsius, according to Bloomberg.
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.
VEON Ventures makes $15M Series A investment in Pakistan B2B marketplace Dastgyr
VEON Ltd., a global digital operator that provides mobile connectivity and services, announced Tuesday that the group's VEON Ventures division has completed a $15 million investment as part of a Series A round for Dastgyr, a Pakistan-based business to business (B2B) e-commerce marketplace platform. This investment will contribute towards boosting Pakistan's…
Korea’s CNAI raises $4.1M from Centauri Fund and IMM Investment
Korea-based artificial intelligence (AI) enablement company CNAI announced on Monday that it has raised a $4.1 million pre-series A funding round co-led by Centauri Fund and IMM Investment.
Singapore’s Mighty Jaxx acquires Kinetiquettes and PLAYe to expand pop culture footprint globally
Mighty Jaxx, a Singapore-based integrated future culture platform that designs and produces digital and phygital collectibles, announced Monday the multi-million-dollar acquisitions of local companies Kinetiquettes, a high-end statue collectible company, and PLAYe, a specialised DTC platform of consoles, video games, collectibles, and action figures.
Vietnamese PropTech startup Houze raises $2M funding led by DKRA Group
Houze, a Vietnam-based PropTech startup that offers a fully integrated real estate ecosystem for agents and customers through its offline-to-online platform, said Monday it has raised a $2 million of funding led by DKRA Group, giving the company resources to continue expanding its services and growing its team to meet the demand in Vietnam and beyond.
Indonesia e-commerce logistic solutions startup Biteship secures Seed funding co-led by East Ventures and Beenext
Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.
Culinary startup Mangkokku raises $7M Series A funding from Alpha JWC Ventures & EMTEK
Indonesia-based culinary startup Mangkokku announced today its recently closed Series A funding of $7 million co-led by Alpha JWC Ventures and EMTEK, with participation from Cakra Ventures.
Request Finance raises $5.5M from Animoca Brands, Balderton, XAnge and Web3 Founders to simplify enterprise Crypto payments
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe early-stage venture capital investor Balderton Capital, and XAnge.
