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.
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.
SGX-backed ADDX tokenizes global private equity fund managed by Partners Group
The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.
Singapore-based Forge Ventures hits first close of maiden fund at $21.9M
Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.
Singapore payments firm Spenmo secures $34M Series A led by Insight Partners
Led by Insights Partners, Spenmo has clinched one of Singapore’s largest Series A funding rounds to date.
UOB Venture Management leads $30M Series B in Indonesia ‘halal’ social commerce platform Evermos
The fresh funds will be used to expand the leadership and growth teams, to enter new geographies and to deepen technology development.
Singapore-based Ezyhaul & DHL invest $20M in UK logistics tech startup DigiHaul
Ezyhaul and DHL will both take a share in DigiHaul, and the investment will be used to support "ambitious growth plans" through customer and transporter acquisition.
Indonesia social e-commerce platform Dagangan raises $11.5M Series A led by Monk’s Hill Ventures
The funding will be used to grow Dagangan's house brand of private-label local products, product development, talent acquisition, and grow partnerships with community leaders, key opinion leaders, local entrepreneurs, and village chiefs.
Singapore-based online spiritual wellness firm Emerging Vision raises $4M in Series A funding
The company will use the funds raised to enhance its live streaming technology- and AI-powered online spiritual platforms and scale its operations across new and existing markets.
Airwallex raises $200M in Series E led by Lone Pine Capital, reaches $4B valuation
The investment will support Airwallex's global expansion and enable the company to accelerate multiple product development initiatives across its engineering hubs, grow its sales teams and increase its breadth of offerings for SMEs and larger enterprises.
