Investments

Airwallex sustains $5.5B valuation with $100M Series E extension

Airwallex, the Australia-based global fintech platform, announced Tuesday that it recently closed its Series E extension (Series E2) of $100 million with the same $5.5 billion valuation.

Indonesia’s ALAMI closes pre-series B round led by East Ventures

ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.

Singapore Web3 firm Suberra secures $2.7M funding

Singapore Web3 firm Suberra has raised $2.7 million to date over two funding rounds from investors like Spartan Capital, Delphi Ventures, Hashed, Newman Capital, Defiance Capital, Arcane Group, and TsingTech Ventures.

Singapore’s Bizbaz closes $4M seed funding led by HSBC Asset Management

Bizbaz, the next generation customer intelligence and risk assessment company headquartered in Singapore, announced Wednesday that it has closed its $4 million seed funding round led by HSBC Asset Management (HSBC AM).

Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally

Aiello Inc.(Aiello), a Taiwan-based natural language processing (NLP) and voice artificial intelligence (AI) startup, announced Tuesday it has raised $5.8 million in a Series Pre-A+ funding round led by two major institutional investors, JAFCO Asia and Wistron Corporation.

Thai media giant T&B Media Global enters metaverse with $300M hybrid equity-NFT raise led by Sygnum

Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services (CMS) licence, announces it is partnering Thai media and entertainment group T&B Media Global to raise over $300 million to fund its new interconnected metaverse platform.

Indonesia’s Bioma raises pre-seed funding co-led by East Ventures and Init-6

Bioma, an Indonesia-based product-as-a-service startup that enables consumers to rent various types of physical assets, announced Tuesday the completion of an undisclosed amount of pre-seed funding round co-led by East Ventures and Init-6.

India’s Vance raises $5.8M seed round led by Hummingbird Ventures

India-based neo-banking platform Vance has raised $5.8 million in a seed round led by Hummingbird Ventures. The round also saw participation from Global Founders Capital, YCombinator, Soma Capital and seasoned angels such as Alan Rutledge and Gokul Rajaram.

Singapore’s ShopBack extends oversubscribed Series F with $80M from 65 Equity Partners

Singapore-based shopping and rewards platform ShopBack announced Monday that it has entered into a subscription agreement with 65 Equity Partners for $80 million of equity capital in an extended Series F funding round.

Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India

Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India.