Investments

Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia

Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.

AirAsia’s BigPay raises up to $100M in financing from South Korea’s SK Group

BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.

Singapore property platform Ohmyhome raises $5M in Series A+ funding

The company will use the fresh capital to enhance its data-matching technology across its Singapore, Malaysia, and Philippine markets.

China’s Huawei to invest $100M in Asia Pacific startup ecosystem over 3 years

The investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years.

Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures

The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.

Temasek-backed payments firm Nium raises $200M in Series D funding, now a unicorn

The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.

Indonesia’s HappyFresh raises $65M in Series D funding led by Naver Financial Corp & Gafina B.V.

The team plans to improve service offerings such as more payment methods, better user experience and assortment, bringing its service to more families in each country across the region.