Investments
AC Ventures’ Adrian Li says Indonesia’s the most compelling market to invest in ASEAN [Q&A]
Last month, AC Ventures had closed its Fund III with over $205 million in committed capital.
Malaysia B2B startup Dropee raises $7M Series A round led by Vynn Capital
Dropee has completed its $7 million Series A round comprising a combination of equity and debt investments from new and existing investors. The current financing round, led by returning investor Vynn Capital, welcomes new investors including HCL Capital, Resolution Ventures and LKF Capital.
Hong Kong restaurant management firm Bistrochat raises $1M in a funding led by SOSV
Bistrochat has raised $1 million in a funding led by SOSV. The funding will be used to expand the commercial footprint and further develop the software to keep its innovative edge.
Singapore workforce management solution start-up StaffAny raises $3.4 million in Series A Funding led by GGV Capital
StaffAny has raised $3.4 million in its Series A funding round. This investment was led by GGV Capital, with participation from East Ventures, FreakOut Shinsei Fund, Far East Ventures, Farquhar Venture Capital and prolific business angels such as Allen Shim, the former Chief Financial Officer of Slack. It will use this new investment to grow the company,…
NPX Capital makes an additional investment of $43M into South Korean digital content developer Copin Communications
NPX Capital announced that the firm through its private equity arm NPX Private Equity has invested $43 million into South Korean digital content developer Copin Communications. The investment by NPX Capital will be used to strengthen and diversify digital content production capabilities as well as to support business expansion overseas, targeting promising…
Singapore blockchain gaming startup Infinity Force raises $5.5M seed investment led by Animoca Brands
Infinity Force announced its $5.5 million seed-funding raise led by Animoca Brands. Other participants in the round included JUMP Capital, Sky Vision Capital, OKex Blockdream Ventures, MEXC, GSR, Double Peak Group, Tokenbay, DWeb3, and more. It will use the new funding to further scale its functionality to facilitate onboarding games, guilds and players, as…
Vietnamese blockchain gaming guild Ancient8 raises $4M seed fund from Dragonfly, Pantera, and Hashed
Ancient8 announced the completion of a $4 million round of seed financing led by Dragonfly Capital, Pantera Capital, and Hashed. The round also saw the participation from strategic backers including Mechanism Capital, Coinbase Ventures, Alameda Research, 3Twelve Capital, Coin98 Ventures, Kyros Ventures, Raydium, Jump Capital, GuildFi, Impossible Finance,…
Malaysian edtech startup GuruLab raises $1M seed round to enhance its proprietary analytics platform and expand its offerings
GuruLab has closed a $1 million seed round. It intends to use the funds to enhance its proprietary analytics platform and expand its offerings within Malaysia’s education ecosystem.
Indonesian used car platform Moladin raises $42M in Series A funding led by Sequoia Capital India and Northstar Group
Moladin has raised a $42 million Series A investment round led by Sequoia Capital India and Northstar Group. The investment, which is one of Southeast Asia’s largest Series A funding rounds, will allow Moladin to solidify its position as Indonesia’s leading used car platform. The round also includes participation from East Ventures, Global Founders Capital,…
Malaysian content aggregator Newswav raises $1.43M in new Series A funding led by OSK Ventures to drive content, user growth
Newswav has raised RM6 million in its latest Series A funding led by OSK Ventures International Berhad (OSKVI) to further strengthen its market-leader position and drive user penetration in key market segments. As part of its expansion plans, part of its funds will be used towards user acquisition, strengthening their leadership in the content aggregation…
