Investments

Glife Technologies closes Series A with $3M investment from Tin Men Capital

Glife Technologies (Glife), a Singapore-headquartered digital business-to-business (B2B) food and agritech company, has announced a $3 million Series A follow-on funding to further support their operations across the Southeast Asia region.

Singapore and Indonesia-based Fazz secures $100M Series C funding

Singapore and Indonesia-based digital financial services group Fazz (previously known as Fazz Financial Group), announced Wednesday a $100 million Series C funding round. This consists of $75 million in equity, which includes investment from existing investors such as Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company.

Singapore’s Ninja Van invests $50M to automate parcel processing capabilities across Southeast Asia

Ninja Van Group, a Singapore-based tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance its parcel processing capabilities across its key parcel sorting hubs.

MetaWeb Ventures raises $30M for builder focused blockchain fund

MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced Thursday the launch of its first fund (Fund I), with total capital commitments of $30 million.

Singapore’s VerifyVASP raises $5M led by FTX Ventures at $100M valuation

VerifyVASP, a Singapore-based compliance startup, has concluded its Series A investment led by FTX Ventures at $100 million valuation. FTX Ventures, together with Peak Capital and Bcharu, have invested $5 million into the company to cement its position as the Travel Rule solution trusted by reputable digital asset businesses.

South Korea’s ITSBLOC raises $7.5M to build a brand-new Web 3.0 game platform

ITSBLOC, a South Korea-based web 3.0 game platform, announced Wednesday that it successfully closed $7.5 million in an investment round. In particular, in institutional investment round, a total of eight institutions including Vista Labs, Nexus one, Edimus Capital, Atlas Capital, Bull&Bear, and three other institutions participated.

Hong Kong’s Wada Bento bags $2.8M Pre-Series A funding for expansion

Wada Bento, A Hong Kong start-up with a new decentralised foodservice platform, announced Wednesday the successful conclusion of a fresh round of Pre-A funding, landed over HK$22 million ($2.8 million) since seed funding. Investors include Golden Resources Development Limited, Cyberport Macro Fund, EthAum Capitals in Singapore, Hong Kong Tech300, Gravity…

Y Combinator-backed Philippine startup Shipmates raises $2.2M to grow shipping platform

Shipmates, Philippine-based shipping platform backed by Y Combinator and Iterative, announced Thursday that it had raised $2.2 million in a seed funding round. The seed round was participated by Cathexis Ventures, Wavemaker Partners, Taurus Ventures, Capital X, Sketchnote Partners and other prominent investors.

Vietnamese EdTech startup EDUPIA raises $14M Series A funding led by Jungle Ventures

Vietnamese EdTech startup EDUPIA has announced a $14 million Series A fundraise led by Jungle Ventures. The round also saw participation from Alibaba-backed eWTP Capital, and Vietnam-based VC, ThinkZone Ventures.

Singapore’s Eezee raises $7.5M Series A round led by Ayala’s VC arm

Singapore-based procurement start-up Eezee revealed Monday that it has raised $7.5 million in its Series A round. This was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and its business units.