Investments
eCommerce,Investments,Indonesia
Indonesia e-commerce marketplace Ula secures an additional $23.1M in Series B from Tiger Global
Ula has secured an additional $23.1 million funding from Tiger Global. With a total Series B funding of $110 Million, Ula will continue to invest in geographic, product, and team expansion, with a special focus on supporting underserved retailer communities through technology in Tier 2 to 4 cities.
November 16, 2021
News,Indonesia,eCommerce,Investments
Indonesia influencer platform KaryaKarsa raises $500K Seed round led by Accelerating Asia, Sketchnote Partners
KaryaKarsa has collaborated with more than 40K creators and served 300K users, enabling creators to promote their digital content or service offerings, such as books, comics, audio, video, and other digital goods, directly to their audience without going through middlemen. The seed round will support the company’s growth in the Southeast Asia market and…
November 16, 2021
Singapore’s AI Rudder raises $10M in Series A round co-led by Sequoia Capital India and Sequoia China Seed Fund
AI Rudder uses voice AI technology to help businesses solve B2C communication challenges across a range of different industries, such as banking and finance, fintech, and e-commerce. Notable clients include fast-growing companies like Kredivo, Adira Finance, and FinVolution.
November 16, 2021
News,FinTech,Singapore,Investments
Singapore fintech startup Sleek raises $14M in Series A funding led by White Star Capital and Jungle Ventures
Sleek has raised $14M in Series A funding led by White Star Capital and Jungle Ventures, bringing the total capital raised by the company to $24 million. The company will use the fresh funds to bolster tech and product development, hiring, and expand presence in existing markets and enter new ones.
November 16, 2021
News,Investments,Singapore,AgriTech
Singapore food and agritech startup Glife Technologies raises $8M Series A funding led by Temasek’s Heliconia Capital
Glife Technologies has raised SG$11 million ($8.13 million) Series A funding led by Heliconia Capital, a wholly owned investment subsidiary of Temasek Holdings. The latest fundraise will facilitate its investment into Novitee, and extend its position as a vertically integrated solution provider for food and beverage merchants in Southeast Asia.
November 16, 2021
News,eCommerce,Asia,Investments
Kazakhstan car aftersales platform raises $700,000 funding led by Singapore’s Quest Ventures
CTOgram has raised $700,000 funding led by Quest Ventures. The investment will speed up the adoption of CTOgram across the region and thereby provide extensive support to drivers everywhere.
November 15, 2021
News,Vietnam,eCommerce,Investments
Vietnam e-commerce platform Kilo raises $5M pre-Series A led by Altos Ventures and January Capital
Kilo has raised $5 million in a pre-Series A round co-led by Altos Ventures and January Capital. The round was joined by Goodwater Capital, Ascend Vietnam Ventures, Decisive Capital Management, Ratio Ventures, and other angel investors. Kilo plans to grow its team by 4 times over the coming 12 months. Its future roadmap includes several features to further…
November 15, 2021
News,Investments,HealthTech,Asia,Venture Capital
Japan’s Olympus Corporation launches $50M venture capital fund to strengthen MedTech leadership
Olympus Corporation has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes, reduce healthcare costs and enhance the quality of life for patients.
November 15, 2021
News,Investments,Singapore,SaaS
Singapore consumer data and analytics startup Milieu Insight raises $5M funding led by MassMutual Ventures Southeast Asia
Milieu Insight has secured $5 million in its latest round of funding led by MassMutual Ventures Southeast Asia. The round also saw the participation from OSK Ventures International Bhd, Genesis Alternative Ventures, as well as several private investors. The funding will be primarily used for the development of new products, as well as geographic expansion…
November 15, 2021
News,Investments,Singapore,FoodTech
Singapore healthy food chain SaladStop! Group raises $8.8M Series B funding led by Temasek
SaladStop! Group has announced the closing of a SG$12 million ($8.88 million) Series B investment round, led by Singapore state investor Temasek. The fundraising proceeds will be used to continue to accelerate the group's digital transformation including its investment in proprietary technologies.
November 15, 2021