Openspace Ventures

Thai alternative digital lending platform SCB Abacus closes a $12M Series A round led by Openspace Ventures

SCB Abacus, an alternative digital lending platform in Thailand backed by Siam Commercial Bank, has raised $12 million in an oversubscribed Series A funding round. The round was…

Indonesia wealth tech firm Pluang raises $55M round led by Square Peg

Indonesia-based wealth-tech company Pluang announced on Monday the close of its $55 million round, which added an additional $35 million to the $20 million raised in March. The…

Singapore’s Neuroglee Therapeutics closes $10M Series A led by Openspace Ventures, EDBI

Singapore-based health tech startup Neuroglee Therapeutics, which builds personalized evidence-based digital therapeutics (DTx) and virtual care solutions to treat and manage…

Social entertainment startup Kumu to scale operations and roll out new features with Series B fundraise led by SIG and Openspace Ventures

Filipino live-streaming app Kumu announced that it closed a Series B funding round to roll out new app features and scale its operations. The Kumu Team The round closed less than…

HealthTech platform Halodoc secures $80M Series C to further improve digital healthcare in Indonesia

HealthTech platform Halodoc has announced that it has raised $80 million in its Series C funding round led by Indonesian conglomerate Astra. The round was also participated in by…

Temasek-backed Openspace Ventures closes third vehicle at $200M 

Openspace Ventures, a Singaporean venture capital firm that focuses on early-stage technology companies in Southeast Asia, has announced the close of its third fund at a hard cap…

fire, insurance, risk

Ex-Grab exec pockets fresh funding for insurance startup

Grab’s first chief technology officer Wei Zhu, who departed the ride-hailing giant in 2016 amid controversy and a lawsuit, has secured fresh funding for his insurance startup.…

air-con, AC, energy, power, air conditioners

Energy automation startup gets funding for global expansion

SensorFlow, one of a wave of young hardware firms out of Singapore, has secured fresh funding to expand from Southeast Asia to global markets. Its energy automation system…

money, cash, dollars, funding, VC

Two new funds add $860m to Southeast Asia pot

Two investment firms have just revealed new funds that bring a collective $860 million in fresh capital to Southeast Asia’s startup industry. Northstar $800 million for fifth…