Venture Capital

Malaysia’s private equity and venture capital funding up 26.75% to $3.52B in 2021

Malaysia's total committed funds for private equity and venture capital rose 26.75 percent to MYR14.83 billion ($3.52 billion) in 2021 from MYR11.7 billion ($2.78 billion) in 2020, according to Securities Commission Malaysia's (SC) 2021 annual report revealed on Monday.Total committed funds under management for private equity increased to MYR9.65 billion…

Startup fundraising: Can you have your cake and eat it too?

Reflecting back on Singapore’s startup ecosystem, we dive into the more popular means of how startups seek financing and how new alternatives such as venture debt and revenue-based financing have become more prominent in recent years.

East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment

East Ventures has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions. It becomes Indonesia's first venture capital firm listed as a signatory; which further strengthens its belief that the implementation of the environmental,…

Japan’s MUFG Bank to invest $300M in Indian startups

MUFG Bank plans to invest $300 million in Indian startups through the new MUFG Ganesha Fund. Through this fund, MUFG Bank will invest in middle- to late-stage Indian startups. In the future, the bank will aim to leverage its group strengths to provide a wide range of financial services to its portfolio companies.

Singapore FinTech firm Cake DeFi launches $100M venture capital arm

Cake DeFi has launched Cake DeFi Ventures (CDV), its venture capital arm with $100 million in earmarked capital. CDV is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, non-fungible token (NFT), blockchain and esports industries, that will bring synergistic value to Cake DeFi’s core business.

Malaysia’s RHL Ventures scouts opportunities in ESG, healthcare & financial sectors as it finalizes Hibiscus fund

“While these trends may not seem new, these themes have started gaining momentum in recent times,” the Malaysia-headquartered VC firm Co-founder and Co-Managing Partner Raja Hamzah Abidin told TechNode Global.

Wavemaker Partners closes fourth fund above goal at $136 million

Wavemaker Partners has closed its fourth fund at $136 million, making it the largest fund focused on early-stage (Seed/Pre-A) enterprise, deep tech, and sustainability startups in Southeast Asia. Surpassing its $120 million fundraising goal, Wavemaker's Fund 4 is 22 percent bigger than the previous fund ($111 million) that closed in October 2020. Fund 4…

Singapore investment management firm Transport Capital launches new venture capital arm TC Ventures

Transport Capital has launched its new venture capital arm named TC Ventures. TC Ventures will focus on startups offering compelling solutions for transportation’s two mega challenges: decarbonisation and digitalisation. It not only provides capital but makes a deep understanding of - and contact network in - maritime and aviation available to its investee…

Thai venture capital firm ORZON Ventures invests in SEA tech firms Pomelo, Carsome, Freshket, GoWabi and Protomate

Thai venture capital firm ORZON Ventures on Friday announced its investments in five fast-growing startups in Thailand and Southeast Asia (SEA) region, namely Pomelo, Carsome, Freshket, GoWabi and Protomate.

ScaleUp Malaysia announces investments in 11 emerging startups

Growth stage accelerator ScaleUp Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The companies selected by Quest Ventures for co-investment were GuruInnovtif, Open Academy, MadCash, SpareXHub, VireServe, and WaSushi. Indelible…