Cybersecurity startup watchTowr totals $10.25M in Pre-Series A investment
watchTowr, a cybersecurity startup headquartered in Singapore, has secured $8 million in a pre-series A investment round which was co-led by Prosus Ventures and Vulcan Capital with repeat participation from Wavemaker Partners. watchTower’s total funding now comes to $10.25 million, factoring in the initial seed round of $2.25 million secured in November 2021 from Vulcan Capital and Wavemaker…
TREE: SelectUSA-awarded Taiwan startups met Bay Area founders and investors
SAN FRANCISCO, July 5, 2022 /PRNewswire/ -- July 4th is the time to be proud to be Americans, and six Taiwan startups were invited by SelectUSA Investment Summit to consider investing in the U.S. Followed by the summit, they are visiting the Bay Area during the Independent Day weekend to exchange ideas with Silicon Valley startups, including startups that were founded by notable ex Meta (formally…
Singapore-based Lendor appoints Jo Olivia Lee as COO to lead expansion to Thailand and South East Asia
Lendor, a Singapore-based circular tech startup has welcomed the appointment of Jo Olivia Lee as Chief Operating Officer who will be responsible for the continuous development of the app, platform services, and infrastructure. She will be overseeing administrative and operations for both the Singapore office and the recent launch of Lendor Thailand.
Prior to her new role, Lee was the Vice…
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
The year 2022 may look rosy at first glance with high hopes of a post-pandemic recovery as most countries are re-opening their borders after disruptions from the COVID-19 pandemic.
The Russian invasion of Ukraine early of the year has significantly affected the energy and commodities markets, sending shock waves across stock markets in many parts of the world. Tech counters were badly-hit.…
CHiQ Launches Its New Washing Machines in the Philippines
CHiQ continues to expand in Southeast Asia with better home appliances and services
MANILA, Philippines, July 4, 2022 /PRNewswire/ -- In June 2022, CHiQ launched its new washing machines in the Philippines. The two series of washing machines, the impeller and drum models, made their first appearance in the market through the Shopee platform.
The CHiQ washing machine's 487 mm-deep chamber allows…
Is career stagnation a myth? How can businesses and employees break out of that cycle?
Work is increasingly being shaped by digitalization. This is driven further by the rising demand for tech skills for Industry 4.0, which focuses heavily on automation, data, and the Internet of Things (IoT).
The future of work will never be the same, and will continue to evolve, as technology is integrated into various industries, and processes become increasingly automated to simplify lives…
Temasek-backed Zilingo’s ousted CEO Ankiti Bose resigns from board
Singapore-based fashion e-commerce firm Zilingo’s ousted chief executive officer Ankiti Bose announced that she has stepped down from her post as director.
Bose said that the board of Zilingo has failed to show her investigation reports on the company or her alleged misconduct, and why these or how these were used to terminate her position as CEO, even though she was a director and large…
NetEase Announces New Independent Director and Changes in Composition of Board Committees
HANGZHOU, China, June 30, 2022 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that its board of directors has appointed Ms. Grace Hui Tang as a new independent director, effective as of July 1, 2022. As a result of this appointment, the Company's board of directors will…
Indonesia’s Fresh Factory secures $4.5M seed funding led by East Ventures
Fresh Factory, an Indonesia-based integrated cold chain fulfillment and enabler startup, announced Monday that it has secured $4.5 million of seed funding led by East Ventures.
The round also saw the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetia Dwidharma, Number Capital, Y Combinator, and angel investors, Fresh Factory said in a statement.……
Bangladesh’s ShopUp announces $65M follow-on round led by Peter Thiel’s Valar Ventures
ShopUp, Bangladesh’s largest full-stack B2B commerce platform, announced that it has raised a follow-on $65 million round led by Peter Thiel’s Valar Ventures.
The company had previously completed a $109 million Series B six months ago, with participation from Valar Ventures, Tiger Global, Prosus Ventures, Flourish Ventures, Sequoia Capital, and Veon Ventures, the company said in a statement…