SaaS

Hong Kong SaaS firm Coherent raises $75M Series B led by Maverick Capital

Coherent, a Hong Kong-based no-code software-as-a-service (SaaS) provider, announced Wednesday it has closed a $75 million Series B funding round led by Maverick Capital, including Maverick Ventures, with participation from Owl Rock, a Blue Owl division, GreatPoint Ventures, and existing investors Cathay Innovation and Franklin Templeton.

Glife’s Caleb Wu & Novitee’s Benjamin Yang on the impact of data, AI & innovative financing on the future of food [Q&A]

In this TechNode Global Q&A with Caleb Wu, Co-Founder and Deputy CEO of Glife Technologies; and Benjamin Yang, Chief Executive Officer of Novitee, we learn how the partnership foresees the use of AI and predictive analysis to determine the supply and demand of ingredients a restaurant would need with every order made from a diner.

Tencent co-leads $120M round of UK SaaS-based employment firm Omnipresent

Omnipresent has raised $120 million in its Series B funding round, led by Kinnevik, and Tencent. The amount includes a pre-Series B round in the second half of 2021 and follows seed and Series A rounds in April 2020 and December 2020. Uncorrelated Ventures, a San Francisco-based investor, also participated the round, rounding out an investor list from Asia,…

Singapore’s Insider unlocks unicorn status and announces $121M Series D with a $1.22B valuation

Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…

Three golden tips on how to retain your employees in 2022

One simply can not expect to take their employees for granted and expect them to stay because healthy relationships simply do not work that way. Employees make up the company you’re building and hence, it makes sense that as a business owner or business leader, you take care of the very talented pool of people who are working together to make the business…

Singapore SaaS firm RIMM Sustainability raises $3M in Pre-Series A funding led by BEENEXT and others

Real Impact Matters Most (RIMM) Sustainability has raised a total of $3 million in its pre- series A round on its quest to make sustainability accessible and actionable to small and medium sized enterprises (SMEs). The funding round was led by venture capital fund BEENEXT and one of Japan’s most successful tech investors Mamoru Taniya. Other key investors…

Hong Kong event SaaS firm EventX raises an additional $8M led by GL Ventures

EventX has raised an additional $8 million in Series B plus funding, bringing the company’s Series B total to $18 million. The funding was led by GL Ventures, with participation from other investors. The new funding will go towards financing potential acquisitions, strengthening its international operations and expanding the company’s presence in Asia,…

Thai SaaS platform Manatal bags $5.1M funding from Sequoia India’s Surge and others

Manatal has closed $5.1 million in seed funding from Sequoia India’s Surge alongside angel investors. The fresh funds will be channeled into engineering as the startup looks to enhance their product offering and artificial intelligence (AI)-recommendation engine in the following months.

Indonesian SaaS firm Majoo nets $5M more in pre-series A round led by AC Ventures & Quona Capital

Majoo has raised $5 million more in pre Series A funding led by AC Ventures and Quona Capital with participation from BRI Ventures, Xendit, bringing the total raised for the latest round to $9 million. With its new funding, it will accelerate its product development including instant online store, and marketplace integration, enhance market penetration and…

How IdeaConcert utilizes the power of AI to accelerate creators’ ‘joyful imagination’ in building engaging video content [ORIGIN Innovation Awards Q&A]

"It won't be long from now how people view or enjoy image content like webtoons/comics will change. this is in line with the continued development of technology and 5G in various countries. By collaborating with Ideaconcert, companies that have been or will become our partners have secured a place in this market competition."