Investments
Australian FinTech firm Zeller doubles valuation to over $1B with $100M raise
Zeller has raised $100 million in Series B round at a valuation worth of $1 billion.The Series B, which saw Zeller more than double its valuation, was led by US-based Headline, with additional funds contributed by Australian industry superannuation fund Hostplus. Previous investors, including Square Peg, Addition, and Spark Capital, also returned to…
Philippines social commerce startup SariSuki bags $7.1M from regional and global investors
SariSuki has raised $7.1 million from regional and global investors, bringing its total funding to $10.7 million in 2021. Venture capital investors included Openspace, Susquehanna International Group (SIG), Global Founders Capital (GFC), Saison Capital, JG Digital Equity Ventures, and Foxmont Capital Partners are amongst those who participated in the round.…
Australia’s Language Confidence raises $1.5M in seed funding from Wavemaker Partners and Investible
Language Confidence has raised $1.5 million seed round to automate the teaching and testing of spoken English. The capital raise was led by Wavemaker Partners with participation from Investible. The funding will enable the company to expand its product offering and grow it’s already global customer base.
Korean digital content distribution firm RIDI gets $100B funding led by Singapore’s GIC
RIDI Corporation has signed definitive agreements to receive an investment of KRW 120 billion ($100 million) led by Singapore’s sovereign wealth fund GIC. Korea Development Bank, NVESTOR, and Atinum Investment also participated in this investment. As a result, RIDI has been recognized as the first unicorn startup in Korea’s content platform industry with an…
Singapore e-commerce startup Cococart raises $4.2M from Forerunner Ventures and Sequoia Capital for overseas expansion
Cococart has secured $4.2 million in seed funding to expand its growth internationally. The new capital was raised from Forerunner Ventures and Sequoia Capital, with participation from Y Combinator, Uncommon Capital, Soma Capital, Liquid 2 Ventures, Fitbit Chief Executive Officer James Park, Curated Chief Executive Officer Eduardo Vivas, and other strategic…
Singapore FinTech firm Volopay raises $29M for APAC and MENA expansion
Volopay has successfully raised $29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial Capital, fintech veteran and angel investor Jeffrey Cruttenden (Chief Executive Officer of Acorns) along with Access Ventures, Antler Global, and…
Singapore micromobility startup Beam secures $93M in Series B funding led by Affirma Capital
Beam announced Friday a Series B funding round of $93 million led by Singapore-based private equity firm Affirma Capital. The round also saw participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDBI, AC Ventures, RTP Global, and Momentum Venture Capital, among others. Funds raised will be used to bring Beam’s shared micromobility vehicles…
Indonesian auto-financing startup Broom raises $3M in pre-seed funding round led by AC Ventures
Broom has raised $3 million in a pre-seed funding round led by AC Ventures. Quona Capital and several angel investors, including Founders of unicorn startups in Indonesia, such as Kopi Kenangan and Lummo, also joined the round. The funding will be used to accelerate the company’s growth by improving customer experience with tech-based solutions through new…
Indian neobank platform Niyo nets $100M in Series C round led by Accel and Lightrock
Niyo has raised $100 million in its Series C round of funding led by Accel and Lightrock India. Beams Fintech Fund and its existing investors Prime Venture Partners, JS Capital are also participating in this round along with others. The company will be using the funds to accelerate its mission to transform banking in India, and to provide convenient and…
Hong Kong NFT platform UCOLLEX raises $10M series A round led by Animoca Brands
UCOLLEX has successfully completed a $10 million Series A funding round led by Animoca Brands and MCP IPX One Fund (IPX Fund). The raise will enable UCOLLEX to invest extensively in blockchain technology and establish metaverse frontiers, creating exciting NFT experiences for pop culture communities.
