Investments
News,eCommerce,Singapore,Investments
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…
March 1, 2022
News,FinTech,Singapore,Investments
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…
March 1, 2022
News,Asia,Investments,Singapore,Transportation
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…
February 25, 2022
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…
February 25, 2022
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…
February 25, 2022
News,Blockchain / Crypto,Metaverse,Asia,Investments
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.
February 24, 2022
Pakistan FinTech firm NayaPay secures $13M led by Zayn Capital, MSA Novo and Graph Ventures
NayaPay has raised $13 million in one of the largest seed rounds in South Asia. Bringing together a diverse mix of leading global institutional and angel investors, the round was led by Zayn Capital, MSA Novo and Graph Ventures. Saison Capital, Maple Leaf Capital and Warren Hogarth, also participated in the round, alongside a major investment from the…
February 24, 2022
News,Investments,Malaysia,Biotech / MedTech
Malaysian biotechnology firm GK Aqua seeks to raise $478,000 to $1.91M via ECF Platform pitchIN
GK Aqua Sdn Bhd, a Malaysian Biotechnology company is looking to raise a minimum of MYR2 million ($478,000) for 4.26 percent equity with a maximum target of MYR8 million ($1.91 million) for 15.09 percent equity via the Malaysian equity crowdfunding platform pitchIN.
February 24, 2022
News,Investments,Singapore,HealthTech
Singapore HealthTech firm MiyaHealth secures $4.8M in Pre-Series A round led by ST Engineering Ventures and Elev8
MiyaHealth has raised S$6.5 million ($4.83 million) in a Pre-Series A round led by ST Engineering Ventures and Elev8. Several prominent angel investors from the private equity and healthcare industries also participated in the round. The recent fundraise brings the total capital raised to over S$9 million ($6.69 million), and the current round is one of the…
February 23, 2022
News,Malaysia,Venture Building,SEA,Investments
Malaysia’s Penang state government launched fourth seed fund for tech startups
Priorities will be given to Internet of Things (IoT), Advanced Manufacturing, Consumer Digital, EdTech, Health Tech, Clean Tech companies.
February 22, 2022