Investments

Indonesian people management and salary-on-demand platform Gajiku raises $1.1M in seed financing led by AC Ventures

Gajiku announced Thursday the completion of a $1.1 million seed round of financing led by AC Ventures, with participation from Agung Ventures, Monk’s Hill Ventures, Sampoerna, as well as several influential Indonesian entrepreneurs and angel investors. With this round of financing, Gajiku plans to focus on product development to roll out new services and…

Indonesian fishery platform Aruna raises $30M in follow-on Series A funding, bringing total capital raised to $65M

The round also saw participation from existing investors Prosus Ventures, AC Ventures, East Ventures (Growth Fund), Indogen Capital, SMDV and SIG Venture Capital. This brings the total Series A funding raised to $65 million.

Singaporean logistics firm Inteluck raises $15M Series B funding led by Creo Capital

Inteluck has raised $15 million in a Series B fundraising round led by Creo Capital. East Ventures and Headline Asia are among the investors in this round,

KKR leads series C round in Philippine B2B platform GrowSari with $45M investment

KKR and GrowSari announced Wednesday the signing of definitive agreements under which KKR will invest $45 million to lead GrowSari’s Series C funding round. KKR’s investment in GrowSari will support the company’s expansion into more regions across the Philippines and strengthen its financial services capabilities,

Indian crypto investment startup Flint banks $5.1M funding led by Sequoia Capital India and GFC

Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.

Singapore gaming firm Refract secures over $6M funding led by Sea Limited

Refract has secured over $6 million to continue the development of its AXIS motion capture technology, following the creation of an extended reality (XR) game development division. The Series A funding round saw investment from a number of investors anchored by Sea Limited,

Malaysian perfume startup Scentses + Co receives seed investment from conglomerate MUI Bhd

Scentses + Co has announced a strategic partnership and a lead investment from Malayan United Industries Bhd (MUI) through its venture arm, Pan Malaysia Ventures Sdn Bhd under Pan Malaysia Corporation Bhd. By leveraging the strength and backing of the conglomerate, Scentses + Co is set to further catapult the company’s growth towards achieving an annualised…

Spain’s ClimateTrade closes $7.92 million pre-Series A, targets another $14.71 million to expand world’s first climate marketplace in new markets

ClimateTrade has raised €7 million ($7.92 million) in a Pre-Series A closed in Europe in late 2021, and is raising another €13 million ($14.71 million) in a US-focused round set to close upon ClimateTrade’s US reincorporation in the next five months. In total, the company is targeting €20 million ($22.63 million) of funding for international……

Malaysian venture capital firm 1337 Ventures launches new $290,000 fund for Malaysian startups

1337 Ventures announced a new MYR1.2 million ($290,000) 1337 Accelerator Fund I to invest into promising early-stage Malaysian startups.The new fund is open to seed-stage startups across any industry, from fintech, edtech to healthtech,

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.