Investments

Thailand NFT platform GuildFi raises $6M seed financing from DeFiance, Capital and Hashed to create an interoperable Metaverse

GuildFi is developing a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players' benefits and enable interoperability across the metaverse.

Singapore air mobility startup Yugo Private Aviation raises $300K to improve its digital ecosystem

Yugo Private Aviation has successfully raised $300,000 in its pre-Seed round funding to further develop its mobile and online applications. The funding was raised from angel investors based in Texas (United States), Seoul (South Korea), Paris (France), and three Family Offices including Bellone Invest (Estonia), Negocia Capital (Singapore) and LCH…

Korea EdTech startup Mathpresso secures strategic investment from Google

Mathpresso has received an undisclosed amount of funding from Google. The funding will help the startup to accelerate its global market expansion as well as its technological advancement.

Singapore’s True Global Ventures invests $1.25M in walletless NFT platform Forza Ikonia

Forza Ikonia has previously pioneered the concept of Emotion NFTs to illustrate the emotional experiences of athletes during important moments. The first release was by tennis legend Björn Borg and Ikonia has upcoming drops with several top-tier sports stars. Other near future projects include esports teams and influencers. The goal is to become the Y…

Indonesia’s Alpha JWC Ventures closes $433M Fund III, the largest early-stage fund in Southeast Asia

Alpha JWC Ventures has closed an oversubscribed third fund, at $433 million, securing its place as Southeast Asia’s largest VC fund targeting early-stage companies. The fund saw strategic investment from global and regional Limited Partners and investors, including World Bank’s International Finance Corporation and Morgan Stanley Alternative Investment…

Malaysia’s gig employment portal MakeTimePay secures “significant” funding from entrepreneur Simon Landsheer

MakeTimePay has secured an undisclosed funding from Dutch serial-entrepreneur and early stage start-up investor Simon Landsheer. The new funding will be used to grow the company's team, expand its platform capabilities and make investments in customer acquisition.

Indonesia’s Eden Farm closes $19M Series A financing from AppWorks and AC Ventures to scale-up its food ecosystem

By the end of 2022, Eden Farm plans to expand to 25 cities and 8 regencies, supplying more than 100,000 customers with 100 percent fulfillment rate of more than 1,000 stock keeping units (SKUs), to finance and generate demand.

MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion

The funding will be mainly used on improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring countries.

Singapore’s Una Brands raises $15M Series A funding co-led by White Star Capital and AlphaJWC

Una Brands will use this capital to acquire e-commerce brands based in the Asia Pacific and further strengthen its technology and team to operate these brands at scale.

Taiwan’s ALP to invest $1B to develop smart warehousing parks in Malaysia

Taiwan’s largest warehousing infrastructure developer Ally Logistic Property, Co. Ltd. (ALP) is set to invest $1 billion in Malaysia to develop smart warehousing solutions to boost the nation’s logistics industry.