Investments

Thailand’s PRIMO receives Pre-Series A funding from Fuchsia VC and Beacon VC

Primo World Company Limited (PRIMO) has received Pre-Series A funding from Fuchsia Venture Capital Company Limited (Fuchsia VC) and Beacon Venture Capital Company Limited (Beacon VC). SOSV, the world’s top-five venture capital (VC), and Infinity Technologies VC, who contributed to the Pre-Seed round, also took part in this round of funding.

Hong Kong edtech firm OnMyGrad lines up a pre-seed round by 500 Global to supercharge campus recruitment in Southeast Asia

OnMyGrad, a Hong Kong-based talent solution SaaS platform for campus recruitment and talent onboarding, has closed a pre-seed funding from 500 Global.

Australian human resource platform Employment Hero closes $130M funding round, buys KeyPay

Employment Hero has closed a $130 million funding round led by return investor SEEK Investments with participation from OneVentures, AirTree Ventures and other shareholders. The support from investors has helped Employment Hero reach a valuation of A$1.25 billion ($900 million) valuation, and reflects the business’s strong and sustained revenue growth and…

New Zealand AI firm Soul Machines raises $70M Series B1 led by Softbank

Soul Machines has raised $70 million Series B1 financing led by new investor SoftBank Vision Fund 2. Additional participation in this round comes from new investors Cleveland Avenue, Liberty City Ventures and Solasta Ventures. Existing investors including Temasek, Salesforce Ventures and Horizons Ventures also participated in this round. The latest round of…

Taiwan online tutoring innovator AmazingTalker secures $15.5M Series A funding

AmazingTalker has received $15.5 million in Series A funding led by CDIB Capital, with participation from JAFCO Asia and from 500 Global. The funding will power international expansion and service development for the platform as the company advances on its mission to simplify tutor and student discovery.

Temasek-backed Zilingo seeks to raise $150M-$200M – report

Zilingo will be joining a number of companies in Southeast Asia raising funds.

Singapore foodtech firm Next Gen Foods raises a record-breaking $100M Series A funding round

Next Gen Foods has raised a $100 million Series A funding round – the largest Series A to date for a plant-based meat company. Participating in the Series A round are Alpha JWC, EDBI and MPL Ventures. Returning from previous rounds are Temasek through its newly established Asia Sustainable Food Platform, GGV Capital, K3 Ventures and Bits x Bites.

Indian healthcare platform GOQii raises $50M Series C funding from Sumeru Ventures, Modality and others

GOQii Inc announced Wednesday its Series C funding round of $50 million led by Sumeru Ventures. Modality (Digality) also participated the round. Other investors included 9 Unicorns, Venture Catalysts, funds advised by MegaDelta, Mitsui, The Times Group, Ascendo, Akbar Khan and Sanjay Narang. The venture debt funding was led by Blacksoil Capital and Trifecta…

Australia’s Protecht to accelerate growth with $30M Series A investment from Arrowroot Capital

Protecht Group Holdings Pty Ltd has secured an A$42 million ($30.13 million) investment from Arrowroot Capital to accelerate its product and growth strategies. The Series A investment will enable it to execute on its key growth initiatives – accelerate the delivery of new and exciting features in its products, maintain and expand a high level of service to…

India conversational automation firm Uniphore bags $400M Series E funding, valuation climbs to $2.5B

Uniphore nnounced Wednesday its Series E funding round of $400 million. The round, which brings its total funding to more than half a billion ($610 million) is led by American-based venture capital firm New Enterprise Associates (NEA) and raises the company’s valuation to $2.5 billion, March Capital and other existing Uniphore investors along with new…