gojek, Tokopedia inch closer to largest ever Indonesian tech merger, seek shareholder nod; The two firms are pursuing to set up a holding company structure that will house the unicorns as independent entities and enable them to retain their individual brands; A combined entity will be valued at as...
Singapore
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The WhiteCoat management teamWhiteCoat, a Singapore-based digital healthcare platform, announced today that it raised close to SGD10.8 million (US$8 million) in a Series A round of financing, led by GEC-KIP Technology and Innovation Fund. Other investors who participated in the round include...
ONiON T1, MVLLabs’ three-wheel electric vehicle.MVLLabs, a Singapore-based mobility blockchain company, has raised US$15 million in a Series B funding round led by Korean automotive parts manufacturer CENTRAL. Singapore-headquartered TRIVE Ventures also participated in the round. MVL will...
Taronga Ventures expands its RealTechX programme to support Singapore’s proptech startups
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Taronga Ventures, an investment management firm, announced today that it has expanded its RealTechX innovation programme to Singapore. The initiative will be supported by the government agency Enterprise Singapore. This news follows Enterprise Singapore’s partnership with Australia’s...
Southeast Asian ride-hailing giant Grab is set to go public on the New York Stock Exchange through a US$35 billion merger with Altimeter Capital, a special purpose acquisition company (SPAC), the Financial Times (FT) has reported. Grab is set to finalise its merger agreement this week with...
Ecosystem Roundup: Next step for Air Asia super-app ambition, and Play Ventures closes new gaming fund
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Grab set for US listing through merger with Altimeter SPAC at US$35bn valuation; The listing will see Grab raising US$2.5bn through a private investment in public equity deal; About US$1.2bn will be funded by Altimeter; The deal could take as soon as this week. More here SoftBank co-leads US$640mn...
Ecosystem Roundup: Next step for Air Asia super-app ambition, and Play Ventures closes new gaming fund
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Grab set for US listing through merger with Altimeter SPAC at US$35bn valuation; The listing will see Grab raising US$2.5bn through a private investment in public equity deal; About US$1.2bn will be funded by Altimeter; The deal could take as soon as this week. More here SoftBank co-leads US$640mn...
Ecosystem Roundup: Next step for Air Asia super-app ambition, and Play Ventures closes new gaming fund
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Grab set for US listing through merger with Altimeter SPAC at US$35bn valuation; The listing will see Grab raising US$2.5bn through a private investment in public equity deal; About US$1.2bn will be funded by Altimeter; The deal could take as soon as this week. More here SoftBank co-leads US$640mn...
Trax, a Singapore-based company harnessing computer vision to provide vision and analytics tools for retailers, has secured US$640 million in a Series E financing round led by SoftBank Vision Fund 2 and technology-focused funds managed by existing investor BlackRock. As per a press note, this...
Play Ventures, a Singapore-based VC firm focused on funding gaming startups, has announced it has hit the final close of its second fund at US$135 million. This brings the firm’s total assets under management (AuM) to US$175 million. Launched in 2018, Play Ventures portfolio consists of 24...
Play Ventures, a Singapore-based VC firm focused on funding gaming startups, has announced it has hit the final close of its second fund at US$135 million. This brings the firm’s total assets under management (AuM) to US$175 million. Launched in 2018, Play Ventures portfolio consists of 24...
Play Ventures, a Singapore-based VC firm focused on funding gaming startups, has announced it has hit the final close of its second fund at US$135 million. This brings the firm’s total assets under management (AuM) to US$175 million. Launched in 2018, Play Ventures portfolio consists of 24...
Rocket combustion chamber, engineered on Hyperganic platform.Hyperganic, a German company developing software that generates 3D printings, is expanding into Singapore. This comes off the back of its US$7.8 million funding round co-led by German funds HV Capital and VSquared Ventures. As per a...
Rocket combustion chamber, engineered on Hyperganic platform.Hyperganic, a German company developing software that generates 3D printings, is expanding into Singapore. This comes off the back of its US$7.8 million funding round co-led by German funds HV Capital and VSquared Ventures. As per a...
Rocket combustion chamber, engineered on Hyperganic platform.Hyperganic, a German company developing software that generates 3D printings, is expanding into Singapore. This comes off the back of its US$7.8 million funding round co-led by German funds HV Capital and VSquared Ventures. As per a...
SEED Ventures’s new fund can pay interest-free loan of up to US$38K to startups ‘within 5 days’
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(L-R) SEED Ventures Director Ter Weizhi, CEO Ian Gan, and co-founder Nixon NgSingapore-based VC fund management company SEED Ventures has announced the launch of a new sector-agnostic venture debt fund. Christened ‘Venture Debt Fund 1’ (VDF1), it plans to provide an interest-free loan of...
SEED Ventures’s new fund can pay interest-free loan of up to US$38K to startups ‘within 5 days’
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(L-R) SEED Ventures Director Ter Weizhi, CEO Ian Gan, and co-founder Nixon NgSingapore-based VC fund management company SEED Ventures has announced the launch of a new sector-agnostic venture debt fund. Christened ‘Venture Debt Fund 1’ (VDF1), it plans to provide an interest-free loan of...
SEED Ventures’s new fund can pay interest-free loan of up to US$38K to startups ‘within 5 days’
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(L-R) SEED Ventures Director Ter Weizhi, CEO Ian Gan, and co-founder Nixon NgSingapore-based VC fund management company SEED Ventures has announced the launch of a new sector-agnostic venture debt fund. Christened ‘Venture Debt Fund 1’ (VDF1), it plans to provide an interest-free loan of...
Singapore-based Flash Coffee, a tech-enabled coffee chain backed by Rocket Internet, announced today that it has raised US$15 million in Series A financing, led by White Star Capital. The round was also joined by prominent investors, including Delivery Hero-backed DX Ventures, Global Founders...
Singapore-based Flash Coffee, a tech-enabled coffee chain backed by Rocket Internet, announced today that it has raised US$15 million in Series A financing, led by White Star Capital. The round was also joined by prominent investors, including Delivery Hero-backed DX Ventures, Global Founders...
Singapore-based Flash Coffee, a tech-enabled coffee chain backed by Rocket Internet, announced today that it has raised US$15 million in Series A financing, led by White Star Capital. The round was also joined by prominent investors, including Delivery Hero-backed DX Ventures, Global Founders...
In brief: New deeptech venture builder programme launched in S’pore; India’s Meesho is now a unicorn
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Singapore Deep Tech Alliance launches new venture builder programme The story: Singapore Deep-Tech Alliance (SDTA2) has announced the launch of SDTA22, a venture builder programme, powered by XNode, a startup accelerator in China. More about the SDTA22: A 9-month programme that aims to build...
In brief: New deeptech venture builder programme launched in S’pore; India’s Meesho is now a unicorn
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Singapore Deep Tech Alliance launches new venture builder programme The story: Singapore Deep-Tech Alliance (SDTA2) has announced the launch of SDTA22, a venture builder programme, powered by XNode, a startup accelerator in China. More about the SDTA22: A 9-month programme that aims to build...
In brief: New deeptech venture builder programme launched in S’pore; India’s Meesho is now a unicorn
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Singapore Deep Tech Alliance launches new venture builder programme The story: Singapore Deep-Tech Alliance (SDTA2) has announced the launch of SDTA22, a venture builder programme, powered by XNode, a startup accelerator in China. More about the SDTA22: A 9-month programme that aims to build...
‘Microinsurance will play a pivotal role in accelerating financial inclusion in SEA’: Raunak Mehta of Igloo
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Raunak Mehta, Chief Commercial Officer of IglooIs insurtech in Southeast Asia an underserved market? We previously spoke to Ganesh Rengaswamy, Managing Partner of Quona Capital and he shared the region is “lagging behind in the growth of insurtech, financial advisory, embedded finance to...
‘Microinsurance will play a pivotal role in accelerating financial inclusion in SEA’: Raunak Mehta of Igloo
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Raunak Mehta, Chief Commercial Officer of IglooIs insurtech in Southeast Asia an underserved market? We previously spoke to Ganesh Rengaswamy, Managing Partner of Quona Capital and he shared the region is “lagging behind in the growth of insurtech, financial advisory, embedded finance to...
imToken, the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Participants included returning investor IDG Capital, and new backers Breyer Capital, HashKey, Signum Capital, Longling Capital, SNZ and...
imToken, the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Participants included returning investor IDG Capital, and new backers Breyer Capital, HashKey, Signum Capital, Longling Capital, SNZ and...
imToken, the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Participants included returning investor IDG Capital, and new backers Breyer Capital, HashKey, Signum Capital, Longling Capital, SNZ and...
imToken, the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Participants included returning investor IDG Capital, and new backers Breyer Capital, HashKey, Signum Capital, Longling Capital, SNZ and...