Venture Capital

For Kickstart Ventures, investment strategies revolve around the digital ‘new consumer’ [Q&A with Minette Navarrete]

Our investment strategy revolves around today’s new customer, who might be the digital consumer or the digital company. They might be digital natives, or they could be newly digital. In any case, technology plays a bigger, more important, more fundamental role in their daily lives today.

‘Indonesia-only’ VC firm Intudo Ventures closes $115M Fund III

Intudo Ventures Fund III will seek out opportunities in agriculture, B2B & enterprise, education, finance & insurance, healthcare, logistics, and new retail & entertainment, constructing a concentrated portfolio of 12-14 Indonesian homegrown companies.

Pakistan logistics startup Truck It In extends pre-seed round to $4.5M

The extended round was again led by Global Founders Capital and Fatima Gobi Ventures. They have been joined by early-stage technology investment firm Picus Capital and Zayn Capital.

Vietnam healthcare marketplace Thuocsi.vn raises $9M in Series A funding round led by Smilegate Investment

The fresh funds will be used to grow its distribution network both in Vietnam and in other parts of Southeast Asia.

Singapore’s Accelerating Asia launches $20M Fund II

The targeted $20 million fund already has around 50 percent in soft commitments from existing investors and partners.

ScaleUp Malaysia launches Cohort 3, partners with Quest Ventures & Indelible Ventures

For Cohort 3, ScaleUp Malaysia is looking towards working with more scaleups eyeing the regional and global stage.

Taiwan’s XREX raises $17M in Pre-Series A funding round led by CDIB Capital

XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets.

Petronas Twin Towers in Kuala Lumpur, Malaysia

Political uncertainties in Malaysia seen as ‘short-term risks’, say tech investors

Venture capitalists TechNode Global contacted opined that political issues will have little impact on investors' confidence in Malaysian tech startups. The tech industry in the country will continue to grow due to the ongoing pandemic which has accelerated digitalization.

Sunway iLabs announces top 5 startups for its 2021 Super Accelerator program

In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway’s global network of partners, industry experts, mentors and investors.