Investments
Singapore’s ShipsKart raises $2.7M Series A funding led by TMV and Hermes Offshore
Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel supplies, online. The round was led by TMV and Hermes Offshore, with strategic investments from the likes of Motion Ventures, Tradeworks.vc and Eternia Investments. The fresh injection…
Temasek, SoftBank, C Ventures and others invest in US ConsenSys $450M Series D funding
ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.
Indonesia’s Wagely nets additional $8.3M in oversubscribed pre-series A funding
Wagely has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after the company securing its seed funding. The oversubscribed round was led by East Ventures (Growth Fund) with participation…
Hong Kong’s Hex Trust raises $88M in Series B funding co-led by Animoca Brands and Liberty City Ventures
Hex Trust has closed its Series B funding round of $88 million co-led by Animoca Brands and Liberty City Ventures. Participants in the round included Ripple, Terra, Morgan Creek, Primavera Venture Partners, LeadBlock Partners, Eterna Capital, Sino Global Capital, Topaz, and Adrian Cheng (Chief Executive Officer of Hong Kong real estate group New World…
Income tax will apply to NFT transactions, says Singapore Finance Minister – report
This will apply to individuals who derive income from NFT transactions or from trading in NFTs.
Singapore EdTech firm Cialfo secures a further $20M Series B funding led by Tiger Global
Cialfo has secured a further $20 million in funding as part of a Series B extension, led by United States-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. This brings the total raised to date to $77 million, including…
Hong Kong’s Kicks Crew raises $6M in Series A funding led by Gobi Partners and Pacific Century Group
Kicks Crew announced Wednesday the closing of $6 million in Series A funding led by Gobi Partners and Pacific Century Group. The capital raised will assist in strengthening the company's foothold in the United States market, attract talent across engineering, product, and marketing teams, and introduce a headquarters in Los Angeles.
Singapore regtech startup Silent Eight raises $40M in Series B Round led by TYH Ventures
Silent Eight announced Wednesday the closing of a $40 million Series B funding round led by TYH Ventures. The round was also joined by HSBC Ventures. OTB Ventures, Wavemaker Partners, SC Ventures (Standard Chartered Bank's venture unit), Aglaia, and Koh Boon Hwee, Chairman and General Partner of Altara Ventures, continued their investment from previous…
Adrian Cheng’s C Ventures co-led $70M Series B fundraise for UK’s Nothing
Nothing has raised a $70 million Series B fundraise co-led by EQT Ventures and C Ventures. The round also saw the participation from GV, Tony Fadell’s Future Shape, Gaorong Capital and Animoca Brands. The new funding will go towards scaling its product ecosystem and establishing its London Design Hub.
