Investments
Indian data insights start-up Synaptic raises $20M Series B funding from Valor Equity Partners
Synaptic, an India-based alternative data insights start-up, announced Tuesday the successful closure of $20 million in Series B funding round led by Valor Equity Partners. With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors, and expand its go-to-market teams…
Indonesia’s Astro raises $60M Series B funding, bringing the total investment to more than $90M
Astro, an Indonesia platform that enables 15-minute grocery delivery to customers, said Monday it has raised $60 million Series B funding led by Accel, Citius and Tiger Global, bringing its total investment to more than $90 million since it started in September 2021. Existing investors, AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital…
1Sharpe Capital launches 1Sharpe Ventures and $90M inaugural fund close for early-stage PropTech investing
The new fund marks the 12th total venture for founders Gregor Watson and Rob Bloemker and will focus on global investments in Pre-Seed to Series A-stage companies leveraging technology to improve the way people access, own, and experience real estate.
Singapore’s Neso Brands announces $100+M funding for eyewear brands
Singapore eyewear house Neso Brands announced on Thursday an investment of more than $100 million into eyewear brands. It will partner and invest in consumer eyewear brands around the world and grow these brands by leveraging synergies across the Lenskart Group to accelerate international expansion. Neso is an initiative of omni-channel eyewear unicorn…
Indonesia’s Bibit raises more than $80M funding led by GIC
ibit, one of the leading digital investment apps in Indonesia, announced Wednesday that it has raised more than $80 million in a funding round led by GIC Private Limited (GIC), joined by Prosus Ventures and other existing investors. The funds raised will be used for the launch of new products and services, tech development, acquiring top talent from the…
Singapore metaverse UGC platform BUD raises $36.8M Series B led by Sequoia Capital India
BUD, a Singapore-based metaverse user-generated platform, announces Monday its $36.8 million Series B round led by Sequoia Capital India with participation from ClearVue Partners, NetEase and Northern Light Venture Capital. Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round.
Singapore’s SwipeRx secures $27M Series B funding to accelerate growth across Southeast Asia
SwipeRx (formerly mClinica Pharmacy Solutions), a Singapore-based platform for pharmacies, announced Monday it has secured a Series B round of $27 million in equity and debt to accelerate growth across southeast asia (SEA). The round was led by Indonesia's MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson…
Singapore’s NextBillion.ai raises $21M Series B funding led by Mirae Asset Venture Investments
NextBillion.ai, a Singapore-based spatial data and mapping platform for enterprises, said Monday it has raised a $21 million series B led by Mirae Asset Venture Investments. Existing investors Lightspeed, M12 (Microsoft's Venture Fund) and Alphawave also participated in the round, bringing the total funding since inception in2020 to $34 million.
Singapore’s Matchmove acquires Shopmatic for $200M
MatchMove, Singapore-based embedded finance firm, said Monday it has acquired e-commerce specialist Shopmatic in a $200 million deal, creating an end-to-end embedded finance and ecommerce powerhouse. The combined company will enable MatchMove to provide its Banking-as-a-Service capabilities to Shopmatic’s ecosystem of over a million e-commerce small and…
True Platform raises $3.5M seed round led by January Capital
Vietnam-based business software-as-a-service (SaaS) startup True Platform announced Monday its recently closed $3.5 million Seed funding from January Capital, Alpha JWC Ventures, BEENEXT, FPT Corporation and other angel investors. The funding round was led by January Capital, a venture capital firm in Singapore with a portfolio of 40 startups from pre-seed…
