Venture Capital
Inventus India launches $120M fund, rebrands to Athera Venture Partners
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.
Singapore’s 1982 Ventures closes oversubscribed debut $20M Southeast Asia FinTech fund
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.
Fintech Pebble seeking to catalyze the mass adoption of Blockchain with $6.2M fundraise
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 raises $4.2M in Series A funding led by Elevation Capital
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.
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 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.
Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund
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.
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 sector-agnostic venture capital firm in Indonesia and Southeast Asia.
Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B
This brings their total Assets Under Management (AUM) to over $1 billion.
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 initiative known as Tokocrypto Sembrani Blockchain Accelerator (TSBA) powered by TokoLabs. Through the accelerator program, the collaboration has helped emerging blockchain projects…
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 round. The round was led by B Capital Group, a multi-stage global investment firm and co-led by Global Founders Capital and Trihill Capital. Other participants in the round…
