Investments
GORO becomes first participant in Indonesia’s Regulatory Sandbox for property tokenization
GORO’s admission into the OJK Regulatory Sandbox is a pivotal step forward, showcasing its business model’s compliance with Indonesia’s highest regulatory standards. With less than 10 percent of 275 million Indonesians participating in investments, GORO aims to democratize property investment, empowering tens of millions to enter the market.
US e-commerce giant Amazon invested over $1.49B in Singapore
US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…
Hong Kong’s Animoca Brands makes strategic investment in Pudgy Penguins’ parent company Igloo, Inc.
The investment expresses Animoca Brands' belief in the transformative power of consumer crypto and its confidence in the growth potential of Pudgy Penguins, one of the leading NFT-based intellectual properties, and in Abstract, the blockchain that Igloo, Inc. contributes to and that is characterized by its emphasis on direct distribution for consumer…
Temasek-backed blockchain FinTech firm Partior welcomes Deutsche Bank as strategic investor
This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024 with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.
MediSun Energy raises $8.75M seed round with Vynn Capital to drive MENA expansion & advance osmotic energy innovation
The funding round, led by Vynn Capital, attracted several new investors, including MOAJ Holding, a Saudi investment company; Frank Phuan; TNB Aura, a Singapore-based venture capital firm participating through its Scout Initiative; and Ciri Ventures, a climate tech-focused venture capital firm.
Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership
The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.
Malaysia’s DF Automation & Robotics bags $ 1.85M funding round led by Vynn Capital
DF Auto has a global client base spanning across Malaysia, Singapore, Thailand, the Philippines, Indonesia, Vietnam, India, Ireland, and Malta.
A closer look at how Futu’s Moomoo disrupts stock brokerage industry in Malaysia [Q&A]
Moomoo’s entry to Malaysia also came after it had become one of the top investment apps in neighbouring Singapore. One in three Singaporeans now use Moomoo to invest, information from its website showed.
Vietnam’s Coolmate bags $6M Series B funding led by Vertex Ventures SEA & India
The investment will accelerate Coolmate's international expansion, product innovation and omnichannel retail presence across Southeast Asia.
MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment
The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s position as a key player in the Southeast Asian startup ecosystem.
