Investments
Malaysia co-farming startup Fefifo raises $3.1M to scale operations and build up tech, data, engineering capabilities
Fefifo is a first-of-its-kind Agtech startup pioneering digitalized, standardized farming in ready-to-farm modern farm spaces called Co-farms. Smallholder farmers (aka “Agropreneurs”) can start their modern commercial farming business in Fefifo Co-farms by renting a pre-fitted office with managed farm services and sell to reliable, profitable contract…
October 12, 2021
News,Asia,IoT,Singapore,Investments
Singapore IoT firm UnaBiz raises $25M in Series B led by SPARX Group
The funding brings UnaBiz’ total capital raised to $35 million since it launched in July 2016.
October 12, 2021
News,Investments,Singapore,Indonesia,Logistics
Indonesia fleet management firm TransTRACK.ID raises $552K Seed round from Cocoon Capital, IWEF
TransTRACK.ID will use the funds to scale product development and expand its network of partners across Indonesia to dominate the market.
October 8, 2021
News,Vietnam,HealthTech,SEA,Investments
Mekong Capital invests $15M into Vietnam-based genetic testing firm Gene Solutions
Gene Solutions is the sixth investee company announced by Mekong Enterprise Fund IV.
October 5, 2021
News,FinTech,Investments,Venture Capital,SEA,Indonesia
Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round
The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.
October 5, 2021
Investments,News,SEA,Indonesia,Singapore,FinTech
Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report
Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.
October 4, 2021
News,eCommerce,Indonesia,SEA,Investments
Indonesia e-commerce firm Ula bags $87M Series B, ropes in Amazon’s Jeff Bezos as investor
The funding round was co-led by Prosus Ventures, Tencent and B Capital Group. Amazon founder Jeff Bezos's Bezos Expeditions also joined the round.
October 4, 2021
News,Investments,Asia,Venture Capital
UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund
The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.
October 1, 2021
News,FinTech,Private Equity,Singapore,Investments
SGX-backed ADDX tokenizes global private equity fund managed by Partners Group
The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.
September 29, 2021
News,Indonesia,Venture Capital,Singapore,Investments
Singapore-based Forge Ventures hits first close of maiden fund at $21.9M
Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.
September 28, 2021