Venture Capital

BILLZ announced that it has raised a new round of funding from international institutional investors. The round was led by venture capital firm Quest Ventures and included participation from Sturgeon Capital, a London-based VC fund that invests in emerging markets.

Inventus India, an early stage venture capital firm, announced Thursday the launch of its fourth fund with a target corpus of Rs900 crores ($120 million). The firm also announced its rebranding as Athera Venture Partners.

1982 Ventures, a Singapore-based early-stage venture capital firm, on Thursday announced the final close of its debut seed fund with over $20 million in committed capital. The fund was heavily oversubscribed as 1982 Ventures was targeting to raise a total corpus of $15 million.

Pebble has launched an app that pays you to save, spend, and send your money in one digital wallet. With the rollout of the product, Pebble concurrently announced their $6.2M raise to ignite the growth of The Money Revolution.

Polymerize, a material informatics platform for R&D in chemical companies headquartered in Singapore, announced today that it has raised $4.2M in Series A funding led by Elevation Capital. The round also saw participation from InfoEdge Ventures who had previously invested in their Seed round.

Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its vision to create a high utility Metaverse platform. Backed by venture capital firm 500 Global, the fresh funds will go towards team expansion to serve their waitlist of customers.

The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.

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 sector-agnostic venture capital firm in Indonesia and Southeast Asia.

This brings their total Assets Under Management (AUM) to over $1 billion.

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 initiative known as Tokocrypto Sembrani Blockchain Accelerator (TSBA) powered by TokoLabs. Through the accelerator program, the collaboration has helped emerging blockchain projects…