Investments

Australia’s Finder secures first external equity of $21.5M to accelerate global growth

Finder has secured its first external funding of A$30 million ($21.52 million) since its inception in 2006. The specialist technology growth investor Future Now Capital has committed the fund which kicks off the capital raise process for Finder after 15 years of being bootstrapped.

Vietnam’s Vingroup starts construction on $173.7M EV battery manufacturing factory

Vingroup has started the construction of the $173.7 million electric vehicle (EV) battery manufacturing factory in Vietnam. The VinES Battery Manufacturing Factory which is located in the Vung Ang Economic Zone (Ha Tinh), is being developed on 8 hectares in its initial phase. The establishment of this factory represents an important milestone in its EV…

Pakistan e-commerce builder Brandverse raises “multimillion-dollar” seed funding

Brandverse has successfully raised an undisclosed multi-million dollar amount to launch its Chikoo app. The seed round was led by the JS Group and observed follow-on participation from seed investors, regional family offices and operator angels. With this round, Brandverse will further strengthen its Chikoo app which enables both offline, hyper-local, and…

Singapore live commerce enabler Upmesh raises $7.5M Pre-Series A funding led by Monk’s Hill Ventures

Upmesh has raised a new round of Pre-Series A funding of $7.5 million led by Monk's Hill Ventures. The new round of funding will be used to expand Upmesh’s regional presence in Southeast Asia and launch new products including a mobile version of its product. The company also plans to launch more backend automation features including logistics automation.

Indonesia edtech firm Cakap secures $10M in Series B funding co-led by MDI-KB’s Centauri and Heritas Capital

Cakap has raised $10 million in an oversubscribed series B round to expand its certified course offering, as well as to fuel its market expansion in providing better access to high quality education in Indonesia. The round was jointly led by MDI Ventures' Centauri Fund and Heritas Capital, with participation from KB Investment and other undisclosed…

India edtech firm BYJU’S acquires Austrian mathematics software provider GeoGebra

BYJU’S has acquired Austria-based mathematics software provider GeoGebra. The company, however, did not disclose the value of the deal. This acquisition complements the company's overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio. It…

Vietnam blockchain-based gamehub Whydah raises $25 Million funding

Whydah has successfully raised $25 million from prestigious investors including Hashkey, Eternity Ventures, Bitscale, Youbi, Morningstar Ventures, Kardia Ventures, Formless Capital, Axia 8 Ventures, Polkastarter, Good Guild Game, and Mask Network. This move comes shortly after Whydah officially cooperated with the seven largest game studios in Vietnam,…

Hong Kong’s WATI raises $8.3M Series A funding led by Sequoia Capital India

WATI has raised $8.3 million in Series A funding led by Sequoia Capital India.Surge, Base Partners and several prominent angels including Gokul Rajaram also participated in the round. The funds raised will be used to bolster technology and product development by expanding product integrations and double the team size and improve their presence in Latin…

US cybersecurity firm Claroty raises $400M Series E funding led by SoftBank, acquires Medigate for extended IoT protection

Claroty has raised $400 million in Series E funding and entering an agreement to acquire Medigate. The round brings the company’s total funding to $635 million, making it the most well-funded cybersecurity company in the industrial, healthcare, and enterprise IoT sectors.

Singapore cybersecurity start-up CloudSEK raises $7M in Series A funding led by MassMutual Ventures to accelerate global expansion

CloudSEK has raised $7 million in its Series A investment led by MassMutual Ventures. This brings the total investment in CloudSEK to about $10 million. The Series A funding also saw participation from Omidyar Network India, 100X Entrepreneur, individual investors Firoz Meeran and Navas Meeran, and CRED Founder Kunal Naresh Shah’s QED Innovation Labs.…