Investments
News,SEA,Investments,Singapore,FinTech
Standard Chartered to provide $500M financing to BNPL firm Atome for its expansion
This funding will enable Atome Financial to grow and connect a wider ecosystem of merchants to a larger customer base, improving product access and financial inclusion for consumers across the region.
October 13, 2021
News,Indonesia,Investments,FoodTech
Indonesia all-in-one restaurant operations platform ESB raises $7.6M in Series A+ round led by Alpha JWC Ventures
With this fresh funding, ESB will further expand its proposition including tech-enabled upselling features, enhanced business intelligence (BI) platform, delivery solutions, payment solutions, financing, and human resources information system (HRIS) to become the dominant end to end F&B business operating platform.
October 12, 2021
Malaysia co-farming startup Fefifo raises $3.1M to scale operations and build up tech, data, engineering capabilities
Fefifo is a first-of-its-kind Agtech startup pioneering digitalized, standardized farming in ready-to-farm modern farm spaces called Co-farms. Smallholder farmers (aka “Agropreneurs”) can start their modern commercial farming business in Fefifo Co-farms by renting a pre-fitted office with managed farm services and sell to reliable, profitable contract…
October 12, 2021
News,Asia,IoT,Singapore,Investments
Singapore IoT firm UnaBiz raises $25M in Series B led by SPARX Group
The funding brings UnaBiz’ total capital raised to $35 million since it launched in July 2016.
October 12, 2021
News,Investments,Singapore,Indonesia,Logistics
Indonesia fleet management firm TransTRACK.ID raises $552K Seed round from Cocoon Capital, IWEF
TransTRACK.ID will use the funds to scale product development and expand its network of partners across Indonesia to dominate the market.
October 8, 2021
News,Vietnam,HealthTech,SEA,Investments
Mekong Capital invests $15M into Vietnam-based genetic testing firm Gene Solutions
Gene Solutions is the sixth investee company announced by Mekong Enterprise Fund IV.
October 5, 2021
News,FinTech,Investments,Venture Capital,SEA,Indonesia
Online brokerage Ajaib becomes Indonesia’s latest unicorn after raising $153M Series B round
The Jakarta-based startup has reached a valuation of $1 billion after raising $153 million in a financing round led by DST Global.
October 5, 2021
Investments,News,SEA,Indonesia,Singapore,FinTech
Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report
Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.
October 4, 2021
News,eCommerce,Indonesia,SEA,Investments
Indonesia e-commerce firm Ula bags $87M Series B, ropes in Amazon’s Jeff Bezos as investor
The funding round was co-led by Prosus Ventures, Tencent and B Capital Group. Amazon founder Jeff Bezos's Bezos Expeditions also joined the round.
October 4, 2021
News,Investments,Asia,Venture Capital
UK’s CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund
The new funds will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan.
October 1, 2021