Investments
Indonesia last-mile delivery platform SiCepat closes $170M Series B and looks to potentially expand across Southeast Asia
The last-mile delivery startup plans to use its fresh capital to invest in working on its current services and infrastructure, and it is also entertaining the possibility of expanding in other markets within the Southeast Asian region.
Hybrid events platform Hubilo secures $23.5M Series A for product design and global expansion
Hubilo plans to use its Series A investment to continue expanding globally in both its existing market and possible new markets. It also plans to continue investing in product development as it works towards a version 2.0 that will give its clients a better overall experience for their events.
China’s Black Lake continues to digitize industrial China and APAC with $77M Series C
Black Lake plans to use its fresh capital to invest in product development, manpower, market expansion, and creating an open platform for third-party partners. The company also plans to leverage its latest partnership with the Singaporean Temasek Holdings to further penetrate the Southeast Asian market, specifically in Vietnam and Malaysia.
More homegrown meat alternatives in Southeast Asia as Green Butcher secures $2M Seed fund for planned Q2 2021 mainstream launch
The startup plans to utilize the fresh capital by expanding its research and development team, and scaling its production capacity to launch into mainstream retailers by Q2 2021.
Indonesian FinTech startup FUNDtastic secures $7.7M Series A for market expansion and new product development
The new fund aims to expand our market scope, and also develop more products and features.
Wireless tech startup Transcelestial to enter Philippines’ internet infrastructure market with $2M investment from Kickstart Ventures
The company aims to address the Philippines’ Internet infrastructure bottleneck problem through its tech. It plans to provide ISPs, enterprises, and government agencies with a cheaper alternative to traditional fiber optic cables without compromising on internet quality and reliability.
Grab gets backing from South Korean retailer Shinsegae Group’s corporate VC arm Signite Partners
The South Korean retail giant has been actively making moves to invest overseas through its VC arm, Signite Partners
With $2.5M Seed funding, GajiGesa looks to improve access to financial services for Indonesia’s unbanked
The fresh capital will be used to grow its local team and invest in the startup's sales and customer success.
