Investments

Singapore logistics firm Haulio secures $7M investment led by Temasek’s Heliconia Capital

Haulio has raised $7 million in a Series A funding round led by Temasek unit Heliconia Capital. The round also saw participation from new and existing investors across the globe. The startup will use the funds to drive stronger haulage capabilities, enhance service quality, elevate product engineering and development, reinforce talent acquisition and scale…

US and Taiwan-based Viewabo raises $1.77M in seed round led by Hive Ventures

Viewabo has raised $1.77 million in an oversubscribed seed funding round led by Hive Ventures. The round also saw participation from 500 Global, Draper Associates and other investors. Viewabo will use the funds to focus on product development and expand beyond real-time use cases, penetrate new markets in the US and the Asia-Pacific – especially for small-…

Indian electric commercial vehicle startup EVage raises $28M seed round led by RedBlue Capital

EVage has raised $28 million seed round led by US-based venture capital firm RedBlue Capital. This is among the largest seed rounds for any Indian start-up and will allow EVage to complete its production-ready factory outside of Delhi in financial year 2022 to 2023 and scale up production.

Sweden blockchain startup ChromaWay raises $10M funding led by True Global Ventures

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested $5 million into ChromaWay, leading the $10 million latest fundraising round.

Taiwan sustainable fashion community-based marketplace PopChill raises $2.2M Pre-Series A funding led by AppWorks

PopChill announced Monday the completion of a $2.2 million Pre-Series A round of financing. The round was led by AppWorks, with participation from CTBC Venture Capital, B Current Impact Investment, and Taiwan Culture and Creative Angels Investment. With this round of financing, PopChill will reinforce its core business model to meet the needs of fashion…

FTAG Ventures leads $4.5M round for Singapore livestreaming solutions provider BeLive Technology

FTAG Ventures has spearheaded a S$6 million ($4.45 million) bridge funding round for BeLive Technology, a Singapore-based livestreaming solutions firm aiming to expand its presence globally by establishing partnerships with e-commerce giants, apps and brands. This development follows news last year when FTAG Ventures announced that it had acquired a…

Singapore’s Sesto Robotics bags $5.7M from WTI Germany, TRIVE and SEEDS Capital

Sesto Robotics has raised $5.7 million funding from institutional investors TRIVE, German-based World Trading Inovation WTI GmbH and SEEDS Capital. It will be utilizing the funds raised for enhancing its capability to support overseas partners and to invest in digital marketing. In addition, the company will continue to invest in the development of its…

UK-based Global Processing Services upsizes funding round, with participation of Temasek & MissionOG

Global Processing Services (GPS) has upsized funding round by approximately $100 million with participation of Temasek and MissionOG. This brings the total amount raised in its latest round to $400 million. Advent International and Viking Global co-led the previous $300 million round.

Indonesian wealthtech startup Pluang secures $55M funding led by Accel

Pluang has raised $55 million in a funding round led by Accel, with participation from Openspace. It plans to use the additional funding to further build out its technology capabilities and expand its asset classes. The company also plans to expand the availability of its app and services throughout key additional international markets. This expansion is…

Thai proptech startup PropertyScout raises total funding to $2.5M in oversubscribed pre-Series A round

PropertyScout, has reached $2.5 million in total funding after successfully closing its Pre-Series A round. Hustle Fund led the round, while a number of well-known prop tech investors, included industry veterans such as Simon Baker, Marc Stilke, Brian Ma, as well as AngelCentral also joined the round.