Investments
Indonesian agritech start-up eFishery raises $90M Series C to expand throughout Asia
eFishery has successfully closed $90 million in its Series C round. This round of investment was co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India, with participation from existing investors including the Northstar Group, Go-Ventures, Aqua-Spark, and Wavemaker Partners. The funds raised will be used to scale up its platform and to…
Israel’s MeMed raises $93M to accelerate commercialization of its host immune-response product portfolio
MeMed announced Monday a $93 million private financing round, bringing total funding in the company to over $200 million, including support from the U.S. Department of Defense and EU Commission. The funds will be used to scale up manufacturing, accelerate commercialization and expand MeMed’s pioneering host immune response product portfolio, The latest…
Malaysia unicorn Carsome raises $290M in Series E financing
Carsome Group announced the completion of its $290 million Series E round, increasing the company’s valuation to approximately $1.7 billion. The latest financing round was jointly led by Qatar Investment Authority, 65 Equity Partners and Seatown Private Capital Master Fund. The round also saw strong participation from investors such as Mediatek, Sunway,…
Indonesian cloud-based POS Olsera raises $2.5M from Kejora-SBI Orbit
Olsera has raised $2.5 million in seed round funding from Kejora-SBI Orbit. With this fresh capital, Olsera seeks to strengthen its technological infrastructure, recruit more talents and accelerate their merchant acquisition in another 200 cities in Indonesia.
Sygnum raises $90M Series B funding to accelerate expansion of Web 3.0 offerings and into new global markets
Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum at $800 million on a post-money basis.
Vietnam digital bank Timo secures $20M fresh funding led by Square Peg
Timo has raised $20 million fresh funding led by Square Peg. .Other participants are Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (existing investor) and other super angels.
Singapore fintech firm Brankas raises $20M from Insignia Ventures, Visa to expand open finance platform
Brankas announced the close of its $20 million Series B investment round led by Insignia Ventures Partners, Visa, AFG Partners and Treasury International. Its existing investors Beenext and Integra Partners also joined the round, Brankas. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies,…
Malaysian edtech startup Pandai raises $2.03M from Y Combinator, 500 Global & others
Pandai Education Sdn Bhd has recently raised a total of $2.03 million investment from a group of local and international investors in its pre-seed and seed round. Among the investors that participated in the rounds are Y Combinator, Global Founders Capital, 500 Global, Soma Capital, Harvard. Joining the round included Malaysian investors RHL Ventures,…
Tencent divests 2.6% of equity interest in Singapore’s Sea Ltd
Tencent’s voting power to be reduced below 10 percent following the transaction and proposed share conversion.
Malaysian drone firm Aerodyne makes strategic investment in AI & data analytics firm Synapse Innovation
Aerodyne Group has signed an agreement to acquire a principal stake in Malaysia-based artificial intelligence (AI) and data analytics company Synapse Innovation Sdn Bhd. This investment is engineered to supercharge Aerodyne Group’s prowess in AI and data analytics, as well as strengthening Aerodyne Group’s technology support for its international…
