Investments

Temasek leads Amber Group’s $200M Series B+ round, valuing the company at $3B

Amber Group announced Tuesday a $200 million Series B+ round led by investment company Temasek, with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others. A significant follow-up to Amber Group's 2021 $100 million Series B round, this Series B+…

Hong Kong FinTech startup StockViva bags $3M Series A funding, bringing total raise to $5M

StockViva has raised more than $3 million in a round of Series A funding by renowned investors, including Farquhar VC from Singapore, Kharis Capital from Luxembourg, and Hong Huan Group, Angelhub, along with several individual investors from Hong Kong. Combined with the previous $2 million investment by Alibaba Hong Kong Entrepreneurs Fund from Hong Kong,…

Philippine payments platform PayMongo raises $31M in Series B funding

PayMongo has secured $31 million in Series B funding to scale its operations. Participating in the round are Justin Mateen’s JAM Fund, Philippine VC firms ICCP-SBI Venture Partners and Lisa Gokongwei’s Kaya Founders, together with existing investors Global Founders Capital and SOMA Capital. Also joining the round are founders of top European fintech…

Thailand’s PRIMO receives Pre-Series A funding from Fuchsia VC and Beacon VC

Primo World Company Limited (PRIMO) has received Pre-Series A funding from Fuchsia Venture Capital Company Limited (Fuchsia VC) and Beacon Venture Capital Company Limited (Beacon VC). SOSV, the world’s top-five venture capital (VC), and Infinity Technologies VC, who contributed to the Pre-Seed round, also took part in this round of funding.

Hong Kong edtech firm OnMyGrad lines up a pre-seed round by 500 Global to supercharge campus recruitment in Southeast Asia

OnMyGrad, a Hong Kong-based talent solution SaaS platform for campus recruitment and talent onboarding, has closed a pre-seed funding from 500 Global.

Australian human resource platform Employment Hero closes $130M funding round, buys KeyPay

Employment Hero has closed a $130 million funding round led by return investor SEEK Investments with participation from OneVentures, AirTree Ventures and other shareholders. The support from investors has helped Employment Hero reach a valuation of A$1.25 billion ($900 million) valuation, and reflects the business’s strong and sustained revenue growth and…

New Zealand AI firm Soul Machines raises $70M Series B1 led by Softbank

Soul Machines has raised $70 million Series B1 financing led by new investor SoftBank Vision Fund 2. Additional participation in this round comes from new investors Cleveland Avenue, Liberty City Ventures and Solasta Ventures. Existing investors including Temasek, Salesforce Ventures and Horizons Ventures also participated in this round. The latest round of…

Taiwan online tutoring innovator AmazingTalker secures $15.5M Series A funding

AmazingTalker has received $15.5 million in Series A funding led by CDIB Capital, with participation from JAFCO Asia and from 500 Global. The funding will power international expansion and service development for the platform as the company advances on its mission to simplify tutor and student discovery.

Temasek-backed Zilingo seeks to raise $150M-$200M – report

Zilingo will be joining a number of companies in Southeast Asia raising funds.

Singapore foodtech firm Next Gen Foods raises a record-breaking $100M Series A funding round

Next Gen Foods has raised a $100 million Series A funding round – the largest Series A to date for a plant-based meat company. Participating in the Series A round are Alpha JWC, EDBI and MPL Ventures. Returning from previous rounds are Temasek through its newly established Asia Sustainable Food Platform, GGV Capital, K3 Ventures and Bits x Bites.