Investments

Richard Li’s FWD filing HK IPO application again – report

According to the report, the IPO, whose proceeds will be used to fuel the firm’s growth, could come as soon as in the second quarter depending on market conditions.

Malaysia introduces initiatives to ensure local startups will have access to later stage financing

Anwar said his administration is committed to support high value-add local startups from early stage right up to listing onto Bursa Malaysia (local stock exchange).”

Indonesia seek to dual list home-grown startups in Hong Kong – report

IDX has proposed to bring its local startups to also list on the bourse operated by Hong Kong Exchanges and Clearing Ltd (HKEX)

AI could be the ‘next big thing’ after internet & cloud, says Burda Principal Investments’ Christian Teichmann

In the interview, Burda Principal Investments CEO/Managing Director Christian Teichmann also shared the firm's plans and sectors in focus for 2023.

Indonesia’s Jago raises $2.2M Pre-Series A round led by Intudo Ventures and BEENEXT

Jago, an Indonesia-based mobile café company, announced Thursday the completion of a $2.2 million Pre-Series A round of financing led by Intudo Ventures and BEENEXT.The round also saw participation from CyberAgent Capital, and Arkblu Capital.

Hong Kong’s WATI raises $23M from Tiger Global, Shopify

Hong Kong customer and sales engagement tool WATI (WhatsApp Team Inbox) has on Wednesday announced a $23 million series B funding round to scale the team and product and reach more businesses globally.

Singapore’s Toku announces Series A extension to $10M as it accelerates APAC growth

Toku, a Singapore-based dedicated cloud communications provider, announced Wednesday a $5 million extension of its Series A round, bringing its total funding to $10 million.The extended round was co-led by Delivery Hero Ventures and Malaysia's OSK Ventures International with participation from Betatron Venture Group.

Cityneon secures $106M investment from 65 Equity Partners

Cityneon Holdings, a Singapore-based entertainment firm that provides immersive experiences, has raised S$150 million ($106.26 million) funding from 65 Equity Partners, an independently managed investment firm wholly-owned by Temasek Holdings.

Indonesia’s YOUVIT raises $6M Series B funding led by Unilever Ventures

YOUVIT, an Indonesia-based new generation vitamin brand, announced that it has raised $6 million in a growth funding round. Unilever Ventures is the lead investor of its latest Series B funding round, along with participation from existing investor DSG Consumer Partners and several other new investors.