Investments
Singapore BNPL firm Pace raises $40M Series A funding from UOB Venture Management, Marubeni Ventures, AppWorks & others
Following this investment round, Pace is now the fastest-growing multi-territory BNPL player from Singapore. The new funding will go towards expanding technology, operations, and business development, to hit a Gross Merchandise Value run rate of $1 billion in 2022 and grow its user base by 25 times over the next 12 months.
Animoca Brands’ subsidiary Quidd token raises $5M from Binance Smart Chain Growth Fund and others
Quidd, the digital collectibles company and a subsidiary of Animoca Brands, announced that the QUIDD token has raised a total of $5 million via private sale, pre-sale, and initial DEX offering (IDO), and is now available on PancakeSwap.
India fintech startup Velocity raises $20M Series A funding led by Peter Thiel’s Valar Ventures
Velocity has raised $20 million in Series A funding led by Peter Thiel’s Valar Ventures. Other investors who participated in the round include Presight Capital, Utsav Somani’s iSeed, Maninder Gulati (Oyo), Zac Prince (BlockFi) and Philippe De Mota (Hedosophia). Armed with capital, the start-up has set its sights high and aims to deploy over Rs.1,000 Crores…
UK digital payment firm raises $10M led by Inference Partners to expand to Europe and Asia
Pomelo Pay has raised $10 million in a Series A round led by Inference Partners. The investment will allow the company to expand its presence across global markets including Europe and Asia, starting with plans to double their workforce in London, Singapore, Vietnam, Thailand, and the Philippines.
Singapore co-working firm Deskimo raises $3M Seed Round and expands to Jakarta
Combinator-backed Deskimo closed a $3M Seed financing round and is now launching in Jakarta as its first expansion market after Singapore and Hong Kong. The Singapore-based startup sees strong demand from companies that move to a permanently hybrid workplace, a shift that is happening all around the world.
Thailand’s WHA Group invests in Thai logistics startup Giztix’s $7.75M Series B funding round
WHA Group has joined Bualuang Ventures to become the main investor in the Series B funding round of GIZTIX, a Thai startup that provides a digital platform for e-Logistics, with total funding of more than $7.75 million. GIZTIX plans to use the funds to develop services and technologies in transportation and to expand the service areas while reducing…
Singapore energy management firm Resync Technologies secures $2M Series A from GGV Capital to power an AI-driven, greener energy future
Resync Technologies (Resync) has raised $2 million in Series A funding from global venture firm GGV Capital. The investment will back the company’s plans to innovate and develop more advanced features for its energy cloud platform, while expanding to more markets across Asia Pacific and the Middle East.
Australia’s Airwallex raises additional $100M in Series E1 led by Lone Pine Capital, valuation reaches $5.5B
The funding comes just a month after Airwallex announced an oversubscribed Series E round as the company looks to accelerate its global expansion plans. This latest round takes Airwallex’s total Series E fundraising to $300 million, with $802 million raised in total.
Malaysia EdTech firm ReSkills EdTech raises $1.5M funding for Southeast Asia expansion
ReSkills EdTech has recently secured a $1.5 million investment from a group of private angel investors led by JSF Platinum to boost growth plans and stabilize its expansion, especially in the Southeast Asian region.
