Venture Capital

Mass-market metaverse builder Virtualtech Frontier announces backing by 500 Global

Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its…

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Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

Japan's largest FinTech conglomerate SBI Holdings announced on Thursday that it has launched a digital innovation fund with a target fund size of $75 million. General Partners of…

Indonesia career preparation EdTech MySkill secures Seed funding from East Ventures

MySkill, an EdTech startup that focuses on career preparation for youths, announced today that it has secured an undisclosed amount of seed funding from East Ventures, the leading…

Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B

Singapore-based venture capital firm Jungle Ventures has announced a $600 million close of its Fund IV with $450 million in the main fund and $150 million in additional managed…

TSBA cohort participants raise $40M through the collaboration with Indonesian Crypto Asset Exchange, Tokocrypto and BRI Ventures

Tokocrypto, an Indonesian crypto-asset digital exchange, has partnered with the country’s leading government-owned bank’s corporate venture capital firm, BRI Ventures, for an…

Finku secures $2.8M Seed funding led by B Capital, Trihill & Global Founders Capital to boost its Indonesian expansion

Finku, an Indonesia-based financial services application platform that streamlines and automates budgeting and expense tracking, has raised $2.8 million in its latest seed funding…

East Ventures raises $550M multi-stage fund to focus on Indonesia and Southeast Asia startups

Indonesia-focused venture capital firm East Ventures has raised a total of $550 million in the final close of its latest fund. Headquartered in Singapore and founded in 2009, East…

SC Ventures and SBI Holdings sign MOU to speed up portfolio expansion and build ecosystems

SC Ventures, Standard Chartered’s innovation, fintech investment, and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc.…

India’s 9Unicorns announces fifth closure of its maiden fund at $100M

9Unicorns, an India-based early-to-growth stage accelerator fund, on Sunday announced the fifth closure of its maiden fund at $100 million. 9Unicorns said in a statement that it…

Accelerating Asia announces Q1 investments into 13 startups, expanding its market and industry footprint

Accelerating Asia has invested in nine new companies from across Asia as of Accelerating Asia’s sixth cohort with a presence in more than 10 countries. Accelerating Asia is one of…