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…

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.

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…

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.

Vietnam proptech firm Homebase raises $30M led by Y Combinator and other global investors

Homebase will use the funding to expand its market leadership in Southeast Asia’s Proptech industry and get one step closer in its mission of empowering homeownership for 100,000 families across Southeast Asia, one family at a time. The company is set to further develop its proprietary technology, launch additional partnerships with real estate developers…

Philippine tech ecosystem poised to grow further with more investments & gov support – report

Funds raised by startups in the Philippines during the first ten months of 2021 almost exceed the total amount funds raised from 2017 to 2020.

Taiwan data governance startup FST Network raises $2.9M in Seed funding round

FST Network aims to deliver a comprehensive set of tools for data governance, management, and lineage, and this investment will be used to accelerate the company’s rapid growth, enhance product development and expand sales and marketing efforts.

Singapore asset trading platform Sparrow raises $4.4M Series A led by Gain Loyal

With the Series A funding by Gain Loyal, Sparrow also aims to attract talent in risk management, trading, technology, and operational excellence. It will also improve its KYC, AML, and CFT regulatory framework and continue to grow its workforce across all its functions.

India health & wellness startup Mosaic Wellness raises $24M in Series A led by Sequoia Capital India

Mosaic was founded in 2020 with the vision of delivering consumer-centric, vertically integrated, and affordable digital healthcare platforms, which led to the birth of Manmatters in May 2020 and Bodywise in May 2021, which are focused on curated services and products for Men’s health and Women’s Health respectively.

India home furniture startup Wakefit.co raises $27 M Series C led by SIG

The funding will bolster Wakefit.co's omnichannel expansion plans and will be deployed to boost its supply chain and logistics management, technological enhancement, and marketing spend. It also aims to hire people across all levels in the months to come.