Investments

Indonesia e-commerce marketplace Ula secures an additional $23.1M in Series B from Tiger Global

Ula has secured an additional $23.1 million funding from Tiger Global. With a total Series B funding of $110 Million, Ula will continue to invest in geographic, product, and team expansion, with a special focus on supporting underserved retailer communities through technology in Tier 2 to 4 cities.

Indonesia influencer platform KaryaKarsa raises $500K Seed round led by Accelerating Asia, Sketchnote Partners

KaryaKarsa has collaborated with more than 40K creators and served 300K users, enabling creators to promote their digital content or service offerings, such as books, comics, audio, video, and other digital goods, directly to their audience without going through middlemen. The seed round will support the company’s growth in the Southeast Asia market and…

Singapore’s AI Rudder raises $10M in Series A round co-led by Sequoia Capital India and Sequoia China Seed Fund

AI Rudder uses voice AI technology to help businesses solve B2C communication challenges across a range of different industries, such as banking and finance, fintech, and e-commerce. Notable clients include fast-growing companies like Kredivo, Adira Finance, and FinVolution.

Singapore fintech startup Sleek raises $14M in Series A funding led by White Star Capital and Jungle Ventures

Sleek has raised $14M in Series A funding led by White Star Capital and Jungle Ventures, bringing the total capital raised by the company to $24 million. The company will use the fresh funds to bolster tech and product development, hiring, and expand presence in existing markets and enter new ones.

Singapore food and agritech startup Glife Technologies raises $8M Series A funding led by Temasek’s Heliconia Capital

Glife Technologies has raised SG$11 million ($8.13 million) Series A funding led by Heliconia Capital, a wholly owned investment subsidiary of Temasek Holdings. The latest fundraise will facilitate its investment into Novitee, and extend its position as a vertically integrated solution provider for food and beverage merchants in Southeast Asia.

Kazakhstan car aftersales platform raises $700,000 funding led by Singapore’s Quest Ventures

CTOgram has raised $700,000 funding led by Quest Ventures. The investment will speed up the adoption of CTOgram across the region and thereby provide extensive support to drivers everywhere.

Vietnam e-commerce platform Kilo raises $5M pre-Series A led by Altos Ventures and January Capital

Kilo has raised $5 million in a pre-Series A round co-led by Altos Ventures and January Capital. The round was joined by Goodwater Capital, Ascend Vietnam Ventures, Decisive Capital Management, Ratio Ventures, and other angel investors. Kilo plans to grow its team by 4 times over the coming 12 months. Its future roadmap includes several features to further…

Japan’s Olympus Corporation launches $50M venture capital fund to strengthen MedTech leadership

Olympus Corporation has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes, reduce healthcare costs and enhance the quality of life for patients.

Singapore consumer data and analytics startup Milieu Insight raises $5M funding led by MassMutual Ventures Southeast Asia

Milieu Insight has secured $5 million in its latest round of funding led by MassMutual Ventures Southeast Asia. The round also saw the participation from OSK Ventures International Bhd, Genesis Alternative Ventures, as well as several private investors. The funding will be primarily used for the development of new products, as well as geographic expansion…

Singapore healthy food chain SaladStop! Group raises $8.8M Series B funding led by Temasek

SaladStop! Group has announced the closing of a SG$12 million ($8.88 million) Series B investment round, led by Singapore state investor Temasek. The fundraising proceeds will be used to continue to accelerate the group's digital transformation including its investment in proprietary technologies.