Investments
Malaysia’s Penang state government launched fourth seed fund for tech startups
Priorities will be given to Internet of Things (IoT), Advanced Manufacturing, Consumer Digital, EdTech, Health Tech, Clean Tech companies.
Singapore metaverse startup BuzzAR gets $3.8M from F50 Elevate and others
BuzzAR has raised $3.8 million seed funding to create an inclusive metaverse. The round is oversubscribed with participation from F50 Elevate in Texas, USA, regional venture capitals (VCs), angels including former Marina Bay Sands executive Ian Wilson, IP & Brand Protection expert Peter Hlavnicka. BuzzAR will use the seed funding to hire, set up a…
Malaysian PropTech firm Urbanmetry bags $2M Pre-Series A led by Monk’s Hill Ventures
Urbanmetry has closed a Pre-Series A round of $2 million led by Monk’s Hill Ventures. The funding will be used for developing its intelligent data products and platforms to serve end consumers in the property and mortgage markets; and for building out its product, technology, data, and business development teams.
Singapore’s Aera VC raises $30M for climate breakthroughs
Aera VC announced Monday a $30 million first close of its new fund investing in startups accelerating the planet toward a sustainable future. The new climate-focused fund is launching with a portfolio of global climate stars including Houston-based chemical decarbonisation firm Solugen, as well as Shiok Meats (Singapore), Carbon Chain (London), Noya and…
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…
