Investments
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.
Indonesian renewable energy startup Xurya receives $21.5M Series A funding led by East Ventures and Saratoga
PT Xurya Daya Indonesia (Xurya) has raised series A funding of $21.5 million. This series A funding round was led by a venture capital firm, East Ventures (Growth fund), and PT Saratoga Investama Sedaya Tbk. (Saratoga) with the returning participation of existing investors Schneider Electric and New Energy Nexus Indonesia.
Fintech startup Paywatch raises $5.23M in seed funding round led by Third Prime and others
Paywatch has raised MYR21.9 million ($5.23 million) in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong. SparkLabs, Won & Partners and CTK Investments also participated in this round. Operating in South Korea, Malaysia and Hong Kong, the company plans to use the fresh funds to…
