Investments
India fintech startup Velocity raises $20M Series A funding led by Peter Thiel’s Valar Ventures
Velocity has raised $20 million in Series A funding led by Peter Thiel’s Valar Ventures. Other investors who participated in the round include Presight Capital, Utsav Somani’s iSeed, Maninder Gulati (Oyo), Zac Prince (BlockFi) and Philippe De Mota (Hedosophia). Armed with capital, the start-up has set its sights high and aims to deploy over Rs.1,000 Crores…
UK digital payment firm raises $10M led by Inference Partners to expand to Europe and Asia
Pomelo Pay has raised $10 million in a Series A round led by Inference Partners. The investment will allow the company to expand its presence across global markets including Europe and Asia, starting with plans to double their workforce in London, Singapore, Vietnam, Thailand, and the Philippines.
Singapore co-working firm Deskimo raises $3M Seed Round and expands to Jakarta
Combinator-backed Deskimo closed a $3M Seed financing round and is now launching in Jakarta as its first expansion market after Singapore and Hong Kong. The Singapore-based startup sees strong demand from companies that move to a permanently hybrid workplace, a shift that is happening all around the world.
Thailand’s WHA Group invests in Thai logistics startup Giztix’s $7.75M Series B funding round
WHA Group has joined Bualuang Ventures to become the main investor in the Series B funding round of GIZTIX, a Thai startup that provides a digital platform for e-Logistics, with total funding of more than $7.75 million. GIZTIX plans to use the funds to develop services and technologies in transportation and to expand the service areas while reducing…
Singapore energy management firm Resync Technologies secures $2M Series A from GGV Capital to power an AI-driven, greener energy future
Resync Technologies (Resync) has raised $2 million in Series A funding from global venture firm GGV Capital. The investment will back the company’s plans to innovate and develop more advanced features for its energy cloud platform, while expanding to more markets across Asia Pacific and the Middle East.
Australia’s Airwallex raises additional $100M in Series E1 led by Lone Pine Capital, valuation reaches $5.5B
The funding comes just a month after Airwallex announced an oversubscribed Series E round as the company looks to accelerate its global expansion plans. This latest round takes Airwallex’s total Series E fundraising to $300 million, with $802 million raised in total.
Malaysia EdTech firm ReSkills EdTech raises $1.5M funding for Southeast Asia expansion
ReSkills EdTech has recently secured a $1.5 million investment from a group of private angel investors led by JSF Platinum to boost growth plans and stabilize its expansion, especially in the Southeast Asian region.
Malaysia’s Sunway Group and Indonesia’s Kejora Capital launch $25M fund to support early-stage Malaysian startups
Orbit Malaysia will actively invest in Series A, industry-leading companies operating in the FinTech, AgriTech, eCommerce, EdTech and HealthTech sectors, and will invest not only in Malaysian startups, but also significantly in other high-growth Southeast Asian startups.
Australian e-bike player Zoomo raises $60M Series B funding to lead commercial e-bike industry
Zoomo has raised $60 million in Series B funding led by Grok Ventures. It will use the funds to expand its operations into new cities and countries, deepen software integration with its customers, and finalize development of the firm’s next-generation vehicles.
