Investments

Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures, Double Peak Group and Coinhako, Senior executives from Defiance Capital, Xfers, Mintable and other individual investors in the crypto space also participated in the funding round.…

Singapore-based healthtech startup Smarter Health announced Monday that it has secured S$5.15 million ($3.81 million) in Series A funding led by East Ventures, with the participation of Orbit Malaysia, Citrine Capital HMI Group, and Emtek. The funds will be used primarily for product development and market expansion in Southeast Asia.

CyberHash has recently raised $20 million in an early stage funding round led by venture capital firm Lemon, with participation from technology investor Alex Zhu. It intends to use the funds raised in the round to expand its cloud storage facility, which helps to provide a stable、secure and efficient solution to its distributed storage services. The funds…

Healthwire, has closed $3.3 million in funding. The round drew participation from 47 Ventures, Habib Bank Limited, Dilsons Private Limited and angel investors from Silicon Valley. The startup intends to use the funding to further fuel its growth and become the healthcare super app of Pakistan.

Almond Finance has closed a seed funding round of $2 million. The fundraising, led by Morningside Group, will drive hiring, product development and compliance requirements for multiple markets.

Kopi Kenangan has raised $96 million in the first closing of a Series C funding, giving the company a valuation of more than $1 billion. The oversubscribed Series C round was led by Tybourne Capital Management, with participation from existing investors including Horizons Ventures, Kunlun, and B Capital, and new investor Falcon Edge Capital, Kopi Kenangan.

The firm, which has invested in several small and medium enterprises (SME) solutions companies, like GudangAda and UnaBrands, also believes that these firms will be the "next big trends" in the region.

Singapore-based venture fund True Global Ventures 4 Plus (TGV4 Plus) Fund is investing about $25 million into the equity of five industry-redefining Web3 and blockchain. The fund focuses on three main verticals in Web3 which are infrastructure, financial services that are powered with blockchain and entertainment like play-to-earn games GameFi, metaverses,…

Jumbotail has raised an $85 million Series C round led by Artal Asia Pte. Ltd. Jumbotail will use the funds to triple its engineering, product, design, data science, category management, marketing, and finance teams. It will also scale its core B2B marketplace to 100 cities and towns across India, expand its network of J24 stores, invest in large scale…

It’s that time of the year again when we take a look back at what had happened during the year in the tech and startup scene.