Investments
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.
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,…
