Investments

Indonesian e-grocery startup Sayurbox raises $120M Series C funding led by Alpha JWC, Northstar

Sayurbox announced Monday its oversubscribed Series C round of $120+ million led by Northstar and Alpha JWC Ventures, with participation from new investor International Finance Corporation (IFC). Existing investors Astra, Syngenta Group Ventures, and Global Brain as well as other prominent angel investors also participated in this fundraising round. The new…

Australia’s Linktree raises $110M funding led by Index Ventures and Coatue at a valuation of $1.3 billion

Linktree has raised $110 million funding led by Index Ventures and Coatue at a valuation of $1.3 billion. The company's fast-paced growth trajectory to 24 million users in the past year ensured follow-on from previous investors AirTree Ventures and Insight Partners, and new participation from Greenoaks Capital. Linktree will use its new funding to focus on…

Singapore machine learning firm Datature raises $2.7M from Openspace

Datature has raised $2.7 million from Openspace. January Capital also participated in the round. The latest funding will enable Datature to expand its platform offering in order to support more widespread use cases including video analytics, medical and point-cloud data ingestions, and a neural network cloud API for users to deploy artificial intelligence…

Singapore employment platform Multiplier raises $60M led by Tiger Global, Sequoia Capital India

Multiplier on Wednesday announced a $60 million Series B funding round co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.The new investment brings Multiplier’s total funding to $77.2 million, taking their valuation to $400 million. This news comes in less than 3 months since Multiplier’s series A (led by Sequoia…

Singapore’s ShipsKart raises $2.7M Series A funding led by TMV and Hermes Offshore

Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel supplies, online. The round was led by TMV and Hermes Offshore, with strategic investments from the likes of Motion Ventures, Tradeworks.vc and Eternia Investments. The fresh injection…

Temasek, SoftBank, C Ventures and others invest in US ConsenSys $450M Series D funding

ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.

Indonesia’s Wagely nets additional $8.3M in oversubscribed pre-series A funding

Wagely has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after the company securing its seed funding. The oversubscribed round was led by East Ventures (Growth Fund) with participation…

Hong Kong’s Hex Trust raises $88M in Series B funding co-led by Animoca Brands and Liberty City Ventures

Hex Trust has closed its Series B funding round of $88 million co-led by Animoca Brands and Liberty City Ventures. Participants in the round included Ripple, Terra, Morgan Creek, Primavera Venture Partners, LeadBlock Partners, Eterna Capital, Sino Global Capital, Topaz, and Adrian Cheng (Chief Executive Officer of Hong Kong real estate group New World…

Singapore skyline SGX SPAC

Income tax will apply to NFT transactions, says Singapore Finance Minister – report

This will apply to individuals who derive income from NFT transactions or from trading in NFTs.

Singapore EdTech firm Cialfo secures a further $20M Series B funding led by Tiger Global

Cialfo has secured a further $20 million in funding as part of a Series B extension, led by United States-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. This brings the total raised to date to $77 million, including…