This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Homage , the caregiving-focused startup, has raised a $30 million Series C led by Sheares Healthcare Group, which is wholly-owned by investment firm Temasek. Homage currently operates in Singapore, Malaysia and Australia. It brings Homage’s total raised to more than $45 million.
Propseller , a Singapore-based real estate agency that combines a tech platform with in-house agents to close transactions more quickly, announced today it has raised $1.2 Propseller’s last funding announcement was in December 2018, when it raised SGD $1 million (about $737,000) in seed funding. million in seed funding.
Alternative protein startups have attracted a lot of investor attention over the past couple of years and the trend looks set to continue. The latest startup with funding news is Next Gen Foods , the creator of plant-based chicken alternative TiNDLE. The new capital will be used to fuel TiNDLE’s distribution in all 50 states.
Startups that produce lab-grown meat and meat substitutes are gaining traction and raising cash in global markets, mirroring a surge of support food tech companies are seeing in the United States. Green Monday Holdings, Asia’s answer to Beyond Meat, raises $70 million from TPG, Swire Pacific.
But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. Instead, it often means they don’t have traditional bank accounts or credit cards.
Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore and the United States. This brings Transcelestial’s total raised since it was founded in 2016 to $24 million.
The Singapore-based startup has raised $1 million in pre-seed funding led by Plug and Play APAC and Seed Capital, with participation from Earth Venture Capital and angel investor Alice Foo. Singapore-based AlterPacks turns food waste into food containers by Catherine Shu originally published on TechCrunch.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. BasicBlock , which took part in ZEBOX America and has i raised more than $78 million in funding, automates invoices and develops financial products for the freight industry. Both of these took part in ZEBOX France.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. The final piece of my four-part guide to expanding a business into Asia is tailored more towards local startups and a big issue that affects many of them: raising funding from investors. Where are all of the VCs in Asia?
Singapore-based Next Gen Foods will bring its plant-based chicken alternative to the United States after raising a $20 million seed extension. The first $10 million was already the largest seed funding ever raised by a plant-based food tech company, based on data from Pitchbook, and now the round totals $30 million.
The agreement includes building Eat Just’s first factory in Asia, which will be based in Singapore. Once completed, the Singapore facility will “generate thousands of metric tons of protein,” said Eat Just’s announcement. Alternative protein companies have raised a whopping $1.5
Today, the startup announced it has raised a $4.5 Hubilo’s clients have included the United Nations, Roche, Fortune, GITEX, IPI Singapore, Tech In Asia, Infocomm Asia and Clarion Events. Event discovery network IRL raises $16M Series B after refocusing on virtual events. .”
In exchange for affordability and convenience, consumers, regulators and meat producers have learned to live with the many downsides of raising animals for food at scale: Greenhouse gases, water pollution, unsafe working conditions, and inhumane practices, just for starters. Is cell-cultured meat ready for prime time?
Paxos has raised a $300 million Series D funding round led by Oak HC/FT. In Singapore, the company is applying for a Major Payment Institution license. It’s an alternative to gold ETFs that should be more efficient as it lives on the Ethereum blockchain. With today’s funding the round, the company is now valued at $2.4
As consumers’ interest in the environment and nutrition rises, food-tech companies join the race to invent meat alternatives. In 2021, alternative seafood companies received $175 million in investment globally, increasing 92% from 2020. The new round of funding, which brings its total raised to $14.1
The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than $2 billion in financing to MSMEs since it launched in 2015. TechCrunch first covered Funding Societies when it raised its Series A in 2016.
Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million. Singapore has emerged as a crypto hub in Asia in recent years. The company has roughly 20 staff across Singapore, Japan, South Korea and the U.S.
In Deloitte’s 2019 report , the firm reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analysis and risk management. Akros just raised $2.3 Akros just raised $2.3 In March, Akros raised $3.75
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. Next Gen claims this is the largest seed round ever raised by a plant-based food tech company, based on data from PitchBook. million of founder capital.
An emergency room doctor initially told him that there was no chance of survival, but then another doctor called one of his peers in the United States, and they came up with an alternative treatment plan that worked. The new capital brings Docquity’s total raised to $57.5 The company claimed two-fold revenue growth in 2021.
As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. The reason that Blacklane has managed to raise at an up round tells another side of the story, however.
Jack & annie’s , a sustainable, animal meat alternative brand made from jackfruit, announced Tuesday $23 million in Series B funding. Last year, Singapore-based Karana raised $1.7 Upton’s Naturals produces meat alternatives using the fruit, as does The Very Good Butchers and Native Forest.
Berkeley-based cultured meat company New Age Meats announced Monday it raised $25 million in Series A funding that will enable the company to begin production of its first product offering, a variety of pork sausages, next year. Brian Spears speaking at Hello Tomorrow Singapore. Image Credits: New Age Meats.
Homebase , a Ho Chi Minh City-based proptech startup that helps people buy homes, announced today it has raised $30 million in equity and debt (the ratio was undisclosed). co, one of the largest property portals in Singapore and Indonesia. YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam.
Meet Gourmey , a new French startup that recently raised a $10 million founding round in equity and debt. We’ve been raising animals for 20,000 years,” co-founder and CEO Nicolas Morin-Forest told me. Gourmey is part of a group of startups that want to create meat alternatives and turn them into mass-market products.
Mycel , a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. A San Francisco-based startup called MycoWorks raised $125 million in a Series C round early this year, while Bolt Threads also secured $253 million at a 1.15
The Singapore-based cybersecurity startup announced today it has raised $6 million in seed funding from Sequoia Capital Southeast Asia, which it will use on R&D engineering and its go-to-market plans. Ramachandran said SquareX is intended as a alternative to VPN, anti-virus, anti-malware and other endpoint security solutions.
To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.
There’s no other alternative to get there. Just this past year alone, the company has raised $275 million from investors , including Baillie Gifford, the 112-year-old Scottish asset management firm that is the second-biggest shareholder in Tesla after Elon Musk. Petersburg.”.
Lynk , a “knowledge-as-a-service” platform that connects clients with over 840,000 experts in a wide range of fields, announced today it has raised $24 million led by Brewer Lane Ventures and MassMutual Ventures, with participation from Alibaba Entrepreneurs Fund. Founded in 2015, Lynk has now raised a total of $30 million.
A brief moment of warmth came this week, when Andreessen Horowitz (a16z) announced that it has raised $4.5 Subscribe to Chain Reaction on Apple , Spotify or your alternative podcast platform of choice to keep up with us every week. Where startup money is moving in the crypto world: Singapore-based metaverse app BUD closed $36.8
The consumer fintech company is focused on helping people build credit and raised $30 million in June 2021. In June of 2021, the company raised $150 million at a $2.17 In June of 2021, the company raised $150 million at a $2.17 The B2B payments company raised $200 million at a unicorn valuation in 2021. billion valuation.
Sengupta said Wednesday his startup, rebranded as Arta Finance, will work to provide individuals access to alternative assets that have so far largely been limited to the ultrawealthy. On Arta, customers will gain access to investment opportunities in alternative assets including private equity, venture capital, private debt and real-estate.
And NewCampus, a Singapore-based startup co-founded by Will Fan and Fei Yao , announced today that it has raised millions of dollars to help coming of age companies train their maturing workforce to help them grow into those new, larger roles. Will edtech empower or erase the need for higher education?
Don’t worry, this is a Primo tool : Also by Romain , French startup Primo raised $3.4 Blue skies, smiling at me : Bluesky, the Jack Dorsey–backed Twitter alternative, is now available on Android, writes Sarah. raised $20 million to scale robot deliveries for pilot customers, reports Brian. Romain has more. Catherine has more.
In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the COVID-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting individuals from A to B — flying taxis — has raised some significant funding. Moonshots and sunsets.
In short, it appears that a host of startups raised new capital last year when valuations – and therefore revenue multiples – were hot. In a changed world, how will those companies manage to raise more cash and avoid a downround at the same time? And yet Beam’s latest raise attests to the very opposite.
A true comparison : Now people in Europe can know the joy and wonder that is the Klarna price comparison tool, which Paul writes may just be a “credible alternative to Google and Amazon.”. Jacquelyn reports on the Joepegs NFT marketplace , which raised $5 million in a round co-led by FTX and Avalanche.
With the new funding, Apeel has now raised over $635 million since the company was founded in 2012. Preventing food waste nets Apeel $250 million from Singapore’s government, Oprah and Katy Perry. Prior to this round, the company brought in $250 million in Series D funding in May 2020.
Based in Singapore and San Francisco, Thunes is backed by investors including Insight Partners, GGV and Checkout.com, and has raised $130 million in funding to date. Many use digital wallets as an alternative to traditional financial services, since they can top-up cash without needing a bank account or credit card.
Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The new round brings its total raised to $538 million and was led by Coatue and Insight Partners, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital.
The startup announced today it has raised $1.2 Populix has now raised a total of $2.3 Singapore is poised to become Asia’s Silicon Valley. Market research platform Milieu Insight raises $2.4 million since it was founded in January 2018, including a $1 million seed round also led by Intudo.
A potential alternative appeared in the water purification space many years ago, which for a long time also used a distillation process to separate H2O from contaminants. The company previously raised $2.5 The money will be used to complete construction of its first filter production facility, in Singapore. million in 2019.
Alternatively, you can create a U.S.-based These startups join an illustrious alumni network of 900+ companies from around the globe with $9B collectively raised since appearing on the TechCrunch stage. Satellite Party — Singapore: The Gateway to Asia-Pacific. Sponsor: Singapore Global Network. Date/Time: Oct. 18 and Oct.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content