Investments

Singapore’s Parentinc raises $22M in Series D funding round led by East Ventures

The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…

Indonesian textile tech platform Wifkain raises a seed round led by Insignia Ventures Partners

Indonesian textile tech platform Wifkain said Wednesday it has raised a seed round led by Insignia Ventures Partners as it builds Indonesia’s first tech-enabled textile trading platform. Prominent angels including Atome’s Wawan Salum participated in this round. The funding will go towards expanding the suite of services provided to small and medium sized…

Singapore’s Gotrade raises $15.5M in Series A round led by Velocity Capital Fintech Ventures

Gotrade, a Singapore-based investing platform, said Tuesday it has raised $15.5 million in a Series A round led by Velocity Capital Fintech Ventures (Velocity). The round also saw participation from investors around the globe including Mitsubishi UFJ Financial Group (MUFG) from Japan, BeeNext from Singapore, Kibo Ventures from Spain, Picus Capital from…

Philippine e-commerce aggregator Armada Brands raises $1.3M Pre-Seed co-led by M Venture Partners and Foxmont Capital Partners

Armada Brands (Armada), a Philippine-based e-commerce aggregator, said Tuesday it has raised $1.3 million in pre-seed funding to invest in e-commerce entrepreneurs looking to scale their brands. The pre-seed funding round of $1.3 million was co-led by the venture capital firms M Venture Partners and Foxmont Capital Partners.

Hong Kong social crypto investing platform Kikitrade nets $6M funding co-led by AppWorks and Media Asia

Hong Kong-based one-stop cryptocurrency and social investment platform Kikitrade announced Monday the company has completed a $6 million strategic round, co-led by AppWorks and Media Asia with participation from Audeo Ventures and existing shareholders. This round of funding follows a $12 million investment led by internationally renowned investors…

Indian healthtech startup Qure raises $40M from Novo Holdings and HealthQuad

Qure.ai (Qure), an India-based health tech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced Tuesday that it has secured $40 million in a funding round led by Novo Holdings and HealthQuad, supported by existing investor MassMutual Ventures (MMV). The firm will use the new investment to extend and strengthen its global…

Singapore’s Handprint raises $2.2M seed funding led by Thunes

Handprint has raised $2.2 million in seed funding led by leading payments network Thunes, with participation from other angel investors. The funding will be used to further build Handprint’s technology and expand its network of impact partners, helping to advance Handprint’s mission to transform the extractive economy into a regenerative economy - making it…

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…