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Fund at First Pitch (FAFP) isnt just another pitch sessionits a high-speed, high-impact opportunity to land funding in record time. Get the exposure you need, stand out from the crowd, and turn funding from a dream into reality! Why wait months for funding when you can secure investor interest in just minutes?
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. The new funding follows a year of strong growth for Darwinbox. I am a strong believer in the SaaSification of Asia.
However , some venture firms have taken this up a notch by bringing founders to create a fund and invest together. Since the firm’s first fund launched in 2017, MAGIC has invested in 70 companies at pre-seed and seed stages across these emerging markets. MAGIC Fund has 12 founders who act as general partners.
Secai Marche , a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 million USD) in Series A funding. Spiral Ventures AsiaFund I and Beyond Next Ventures. This brings the startup’s total raised so far to $4.5
Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Southeast Asia is hitting a sweet spot. Amit Anand. Contributor. Share on Twitter. However, these companies only represent the highlights of what is a blossoming startup ecosystem.
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 100% of profits help fund Surfrider’s mission to protect the world’s ocean, waves and beaches. 32) World Wildlife Fund Gifts :: gifts.worldwildlife.org.
The firm’s comprehensive “Southeast Asia Exit Landscape Report 2.0,” is a followup to a previous report published in 2019. While tech fared well compare to many other industries, one downside was that the COVID-19 pandemic caused overall global venture capital investment to decline. The overall exit landscape.
Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts.
One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents. Part of the funding will be used to expand the business’ presence. Sun King has previously raised $170 million in equity and debt funding.
million in Series A funding. The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners. The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners.
Tech layoffs have hit almost every region in the world , and Southeast Asia is no exception , with companies like Sea , Crypto.com and JD.ID I think what we have seen is that there has been a lot of capital being pumped into the tech industry over the past two to three years in a major bull run. among those affected.
The funding will be used to add more features to Omni, including a recruitment module by the third quarter and a performance enhancement module by the end of the year. He added that “Singapore is possible the most mature market in Southeast AsiaAsia in terms of software/cloud adoption and willingness to spend. What downturn?
Focused on Southeast Asia, Ayoconnect ’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. Its APIs are cover two categories: open banking APIs and payment services APIs, with the goal of building the most complete open finance stack in Southeast Asia.
BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . I should know, I covered the petrochemical industry in the late 1990s).
Heliogen’s new tech could unlock renewable energy for industrial manufacturing. MENA and Asia Pacific areas. And no doubt there are other industrial processes that could benefit from a free and zero-carbon source of high heat. Both goals hint at why utilities and a major mining and steel-making company are now investors.
A lthough Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Its sweet spot is early-stage ventures from seed to series A stages across South Korea and Southeast Asia.
ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,
Denis Kalinin works at venture fund Runa Capital as Asia Business development manager, devoted to connecting the Western and Asian VC worlds and bringing long-term value to both. China is becoming a superpower in the tech industry. In which areas can Chinese funds bring the most value? funds, but three times that of U.K.
As the market swoons, venture capital firms continue to announce new funds. Meanwhile, I corresponded with three firms about their funds and any concerns that limited partners had brought up during the fundraising stage. Last month, Alaya had the first closing of $80 million in capital commitments for its third fund.
Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. We align ourselves with a lot of the ESGs.”.
Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. This new round brings its total funding so far to $238 million. Accel led Xendit’s $64.6 One big segment are SMEs.
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. The new funding brings CADDi’s total raised so far to $90.5
Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures.
The round was led by Go-Ventures, with participation from MDI Arise, MDI Centauri, Mercy Corps Social Venture Fund and angel investors. The funding will be used on hiring and increasing AgriAku’s market penetration. AgriAku is the latest among several agritech startups in Indonesia that have recently announced funding rounds.
Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. Other investors include South Korean sneaker reselling platform KREAM (another SoftBank Ventures Asia portfolio company), Altos Ventures and JAFCO. million monthly users. The StockX EC-1.
The round was led by Singapore-headquartered — and Temasek-backed — private equity firm ABC World Asia. Some industry executives have said that Vedantu isn’t as aggressive as its rivals — though many have meant it as a compliment. Vedantu offers live and interactive courses for students in grades six through 12.
There may be plenty of funding for some startups these days. A basic hurdle to this goal is the standard paperwork you need to set up a new fund. It currently requires specialized lawyers whose time can cost more than $100,000 per fund formation. Similar fund formation documents regularly run into the hundreds of pages.
June Homes , a proptech startup that aims to make renting less painful and more flexible for both tenants and landlords, is emerging from stealth today with $50 million in total funding. SoftBank Ventures Asia led the startup’s latest round — a $27 million Series B. less tenant defaults than the industry average.
Singapore-headquartered startup Plugo has secured $9 million in a Series A funding round. The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch.
The latest round, which brings its total funding raised to $83 million, comes approximately a year after raising $14.4 and Southeast Asia. The funds will also be used to acquire companies in those regions, said Seki, who did not disclose the company’s valuation. 4 eVTOL trends moving the air taxi industry closer to takeoff.
With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China.
Now, a startup building SaaS software to help finance departments manage this more intelligently is announcing some funding to expand after seeing strong demand. The company plans to use this funding to continue expanding in the U.S. and Asia, and to double down on building more AI-based technology to expand its platform.
The trillion-dollar construction industry is often tarred with the inefficiency brush , accused of failing to move with the times and ignoring digitization in favor of legacy tools. But there is plenty of evidence that things are changing, with countless startups raising large sums of cash to help the construction industry modernize.
Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The company’s last funding announcement was in February 2019, when it hit unicorn status with a Series D of $300 million. All three are returning investors.
Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Series B funding. million in Series A funding. Researchers simulate a ransomware attack on industrial controls.
has raised $10 million in a funding round led by the South Korean gaming company Krafton. The Krafton-led, all-equity Series A funding round also saw participation from Peer Capital. It holds massive untapped potential, and we believe that One Impression is rightly positioned to be a global leader of the influencer industry.
Skit announced today it has closed $23 million Series B round to accelerate its growth in domestic and global markets including the US and South East Asia and enhance its voice automation platform. The Series B round brings Skit’s total funding to $30 million. Skit recently expanded into the US and South East Asia market. “We
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3 Akros just raised $2.3
Its virtual dressing room product is now live on many fashion e-commerce platforms, including Zalora-Global Fashion Group, one of the largest fashion companies in Southeast Asia, Li said. the e-commerce fashion industry made up 29.5% landing page. Image Credits: Revery.ai. It’s amazing how good of results we are getting,” he added.
The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024. The rest of the industry has followed its lead.
The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business.
Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. The funds will be used to scale up eFishery’s platform and expand into the top 10 countries for aquaculture, including China and India.
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