Social Media
Singapore’s Parentinc raises $22M in Series D funding round led by East Ventures
The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…
Australia’s Linktree raises $110M funding led by Index Ventures and Coatue at a valuation of $1.3 billion
Linktree has raised $110 million funding led by Index Ventures and Coatue at a valuation of $1.3 billion. The company's fast-paced growth trajectory to 24 million users in the past year ensured follow-on from previous investors AirTree Ventures and Insight Partners, and new participation from Greenoaks Capital. Linktree will use its new funding to focus on…
L’Oréal Malaysia to double down on social commerce in 2022 to help 250 salons affected by the pandemic
L'Oréal will be doubling down on social commerce with an aim to roll out its social commerce initiative to 250 salons across Malaysia in 2022.
Singapore social music platform BandLab raises $53M Series B led by Vulcan Capital
BandLab has raised its first funding round involved outside investors. Led by Vulcan Capital with notable participation from K3 Ventures as well as existing investor Caldecott Music Group, the $53m round will allow BandLab to expand its team and continue to refine and grow its offerings to music creators and aspiring artists worldwide.
Singapore live commerce enabler Upmesh raises $7.5M Pre-Series A funding led by Monk’s Hill Ventures
Upmesh has raised a new round of Pre-Series A funding of $7.5 million led by Monk's Hill Ventures. The new round of funding will be used to expand Upmesh’s regional presence in Southeast Asia and launch new products including a mobile version of its product. The company also plans to launch more backend automation features including logistics automation.
Taiwan social commerce startup LinkBy raises $1.54M to expand partnerships across Asia
LinkBy has raised $1.54 million in an oversubscribed Series Pre-A funding round. Led by global venture capital firm Hive Ventures, the round also saw participation from 18 other investors including institutional/corporate investors such as Artesian Capital and Animoca Brands.
Philippines: Southeast Asia’s next big breakout market?
TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this first part, we briefly explain the key growth drivers and opportunities awaiting VCs in the country, while laying the groundwork for future…
Indonesia’s Desty raises $3.2M pre-Series A funding led by Xiaomi investor 5Y Capital
Desty will utilize the new funding primarily for team expansion and user acquisition. This move also marks 5Y Capital's first investment in Indonesia.
The trouble with Google and Facebook: Is absolute power corrupting absolutely?
The Goo-book duopoly dominates our lives now that the internet has become a public utility run by private sector companies, but politicians have yet to find a way to regulate ‘big tech’ effectively.
