Investments
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.
Filipino-founded AI-enabled logistics startup Expedock secures $4M Seed fund
The startup is a Silicon Valley-based startup that utilizes its Nuance Technology, which allows its AI to process documents and automate the workflow that businesses involved in the supply chain industry have to deal with.
Rocketship.vc backs BukuWarung in improving digitalization, monetization for micro biz across Indonesia
BukuWarung plans to use its fresh capital to expand its tech and product teams in Indonesia, Singapore, and India. It will concentrate on becoming more self-sustaining by working on its payments solution and releasing new monetization products.
Indonesia InsurTech platform PasarPolis raises $5 million in equity financing from The World Bank Group’s IFC
PasarPolis aims to increase insurance penetration and literacy across the region, with plans to scale its Vietnam and Thailand markets this year.
Grab secures $2B 5-year term loan facility as industry heats up in SEA
Grab plans to use the loan to strengthen its position as the leading super app in Southeast Asia, through stronger liquidity and diversified financing.
[Updated] IMMedia secures Series A funding to scale its data-driven content marketing platform
The platform creates new audience engagement metrics with actionable recommendations and predictions to increase the effectiveness of content across multiple complex markets, enabling IMMediate to deliver maximum audience engagement, conversions, leads and long-term ROI.
