Investments

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…

Vietnam’s Funtap launches $10M capital fund dedicated to blockchain-focused tech startups

Funtap's unit Funverse Capital has launched its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. In addition to capital funding ticket size of up to $1 million for each qualified project, Funverse Capital offers mentorship and accelerator programs which take…

Vietnamese social commerce platform Mio raises $8M in Series A funding led by Jungle Ventures

Mio has raised $8 million in Series A funding led by Jungle Ventures, Patamar Capital, and noted angel investor Oliver Jung. The round also saw participation from existing investors GGV, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram. This brings the total capital raised by the company since inception to $9.1 million. The company will use the fresh…

Singapore real estate investment platform RealVantage receives capital markets services licence from Singapore’s regulator

RealVantage is now fully regulated by Singapore’s central bank to deal in capital markets products and more critically, open the heavily-gated world of private equity real estate investments to Singapore-based retail investors, with immediate effect.

Singapore EdTech firm ErudiFi raises debt facility of $15M with Helicap

ErudiFi has secured a debt facility of $15 million from Helicap. This funding round will help support the firm in providing for the needs of students across the Philippines and Indonesia, by offering them affordable tuition installment plans.

Singapore logistics firm Haulio secures $7M investment led by Temasek’s Heliconia Capital

Haulio has raised $7 million in a Series A funding round led by Temasek unit Heliconia Capital. The round also saw participation from new and existing investors across the globe. The startup will use the funds to drive stronger haulage capabilities, enhance service quality, elevate product engineering and development, reinforce talent acquisition and scale…

US and Taiwan-based Viewabo raises $1.77M in seed round led by Hive Ventures

Viewabo has raised $1.77 million in an oversubscribed seed funding round led by Hive Ventures. The round also saw participation from 500 Global, Draper Associates and other investors. Viewabo will use the funds to focus on product development and expand beyond real-time use cases, penetrate new markets in the US and the Asia-Pacific – especially for small-…

Indian electric commercial vehicle startup EVage raises $28M seed round led by RedBlue Capital

EVage has raised $28 million seed round led by US-based venture capital firm RedBlue Capital. This is among the largest seed rounds for any Indian start-up and will allow EVage to complete its production-ready factory outside of Delhi in financial year 2022 to 2023 and scale up production.

Sweden blockchain startup ChromaWay raises $10M funding led by True Global Ventures

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested $5 million into ChromaWay, leading the $10 million latest fundraising round.