Investments
Robo-advisor & wealth management platform Syfe raises $30M Series B for product development & Asia expansion
The funds raised will be used to expand into new markets in Asia, invest in top talent and develop more high-quality investment products and services. Syfe has also pledged that everyone in the firm will become a shareholder, allowing all employees to benefit from future growth in the company.
Singapore BioTech startup Allozymes secures $5M Seed fund led by deeptech VC investor Xora Innovation
Allozymes plans to use its seed fund to establish its roots in Singapore and establish its manufacturing and business infrastructure in order to meet its projected demand in the APAC region.
Jakarta-based EdTech platform GREDU secures $4M Series A for local expansion and product development
Since its launch in September 2016, GREDU has grown its platform, which is currently being used by over 400 schools, bringing its total user base to roughly 400,000. The startup provides its users (students, parents, teachers, and administrators) with a single platform to communicate with each other and keep track of any important details.
Pickupp to expand presence in Malaysia after completing Series A and A+ funding co-led by PChome, Cornerstone Ventures
Pickupp Malaysia plans to expand coverage of more territories in Malaysia, grow its workforce of delivery agents, and continue investing in technology to further improve its offerings in the market.
MiRXES secures $77M Series C funding to accelerate multi-cancer early detection pipeline
Led by CR-CP Life Science Fund, this new capital will support MiRXES’s growth as a global leader in cancer early detection tests and preventive healthcare.
Philippines e-commerce logistics startup Locad secures $4.9M Seed fund led by Sequoia Capital India’s Surge
Locad currently runs seven fulfillment centers: four in the Philippines and one warehouse each in Singapore, Hong Kong, and New South Wales. The company plans to use part of its seed fund to further expand its warehouse network in the Philippines and across the APAC region.
The rise of pet-focused e-commerce is a sign of maturing market, says Oyen’s Kevin Hoong amid pet InsurTech’s $420K Seed raise
We are extremely focused on accelerating our growth of pet owner acquisition in Malaysia and constantly experimenting with new growth channels to scale our business. Within the coming months, we hope to also further develop our proprietary technology which will allow us to distribute our product and manage our claims services smartly and at scale. To…
Jakarta-based HealthTech startup Prixa secures $3M Seed Fund led by Telkom’s MDI Ventures
Since its founding in 2019 by James Roring M.D., Prixa has raised a total of $4.5 million. The startup plans to use the total raised capital to invest in scaling its user base, reinforcing its relationship with business to business clients, and working on more healthcare services.
