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Iyuno-SDI Group , a provider of translated subtitles and other media localization services, announced today it has raised $160 million in funding from SoftBank Vision 2. The company said this makes the fund one of its largest shareholders. How localization leader Iyuno Media Group opens entertainment to international audiences.
million in Series A funding led by Sequoia Capital Southeast Asia. Other participants included EscapeVelocity, PayPal Alumni Fund and angel investor Gokul Rajaram. The funding will be used to scale Tazapay’s business in Asia and expand in regions like the Middle East and Europe.
The round was led by Hanhwa Investment & Securities, with participation from SoftBank Ventures Asia (the early-stage venture capital arm of SoftBank Group), SK Networks, Aarden Partners and other strategic partners. It brings CHAI’s total funding to $75 million, including a $15 million Series A in February.
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.
Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. ” Many local providers also offer lower prices and give a large amount of bandwidth for free, attracting SMEs. . It recently closed a $1.4
Mental health startup Intellect ’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Intellect describes this as “the largest venture round raised by any mental health company in Asia.”
However , there’s little noise about the corridors between Africa and other regions like Latin America or Asia. Wapi Pay , a Kenyan startup with offices in China and Singapore, is carrying out this play and has carved a market for itself by facilitating payments between both extreme remittance worlds of Africa and Asia.
V2Food is one of many new contenders in the alternative protein space, founded in Australia but now setting its sights on Europe, Asia and beyond. It has a few key advantages over the competition, and with €45 million in new funding it may be finding its way to plates in the Eurozone soon.
Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Igloo currently works with 20 global, regional and local insurers across Southeast Asia.
Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. 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.
To do that, it develops programs for its app, available as an employee benefit, with local providers that take into account religion, gender stereotypes, racial representation, communication style and values, co-founder and CEO Bjorn Lee told TechCrunch. seed to make mental health support more accessible in Southeast Asia.
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . billion in 2027 , from $17.6
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 ” In Malaysia, regional companies still hire cross-border, but local companies have shifted back to local hiring. among those affected.
Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms.
Founded in Singapore and Manila by Robertz, fellow Zalora alumni Jannis Dargel and former Grab lead product manager of maps Shrey Jain, Locad announced today it has raised $11 million in Series A funding led by Reefknot Investments , a joint venture between Temasek and logistics company Kuehne + Nagel.
Asia relations. Asia-LatAm nexus. Asia-LatAm nexus. This makes sense because the market conditions in Mexico and other parts of LatAm resemble China, India and Southeast Asia more than the U.S. to emulate and localize. Asia-LatAm competition. Asia-LatAm nexus. Contributor. Share on Twitter.
In Southeast Asia, for example, a growing list of startups is increasing access to mental healthcare and support. million USD in seed funding, which it says one of the largest seed rounds raised by a digital mental health startup in Southeast Asia so far. to expand across Asia. Morgan in Hong Kong.
million in pre-Series B funding, led by Headline Asia. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand. In a statement, Headline Asia partner Aki Okamoto and principal Jonathan M.
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. Another criteria is to back local founders.
In the local context, Kenyan’s give an extremely high proportion of their earnings as donations (cc. The lack of trust between NGOs and local Kenyans and the expectancy that NGOs are funded from outside Kenya are the key reasons for limited local fundraising towards NGO in Kenya.
WeRide, one of China’s most-funded startups developing autonomous driving capabilities, said on Wednesday that it has raised a $200 million strategic round from Chinese bus maker Yutong. Autonomous driving startups in China are racing to showcase their progress, in part to attract funding for their cash-bleeding businesses.
Venture capital activity in Europe and Asia saw a strong return to form in Q3, data indicates. The two continents enjoyed more venture capital investment into their local startups than in some time, underscoring that strong VC results the United States saw in the third quarter were not a fluke, but part of a broader trend.
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
Kenya-based MyHealth Africa , an integrated healthcare platform changing how people access medical services, by connecting patients with local and international health specialists and hospitals, is growing its reach in Africa, and plans to further expand in Middle East and South Asia next year.
Pegasus Tech Ventures , a firm that helps corporations launch startup investment funds, announced a new partnership with Japanet today. Japanet’s plan is to “both co-develop solutions with earlier-stage startups over time, as well as help later-stage startups localize and deploy in the Stadium City,” said Uzzaman.
Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. 67% volunteer locally, 9% volunteer internationally, and 56% attend fundraising events. View: Giving Trends in Asia Data Sheet. Donors are also highly engaged in civic life.
Stuart Wall, CEO of Signpost , a local advertising platform funded by Spark Capital and Google Ventures. The young, driven, and engaged population of Denver is contributing to a vibrant arts and culture scene; in fact, Denver citizens contribute more public funding for the arts per capita than any other U.S.
One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms like Tokopedia, Lazada, Shopee, Rakuten or Ebay depending on where they are. That is where Una Brands comes in.
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 strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia. Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore, Australia, India, China, Indonesia, Malaysia and Taiwan, since its launch in 2021. .
The startup announced today it has raised an oversubscribed $28 million Series B led by SoftBank Ventures Asia. The funding brings Super’s total raised so far to more than $36 million, which the company says is the most funding an Indonesian social commerce startup has raised so far.
One of the biggest catalysts of the increase in VC investments, however, has been the Elevate NZ Venture Fund , a $300 million fund of funds program that will invest capital into VC firms over the next five years. Note: All monetary amounts are listed in New Zealand dollars unless otherwise stipulated. .
The funding was led by Asia private equity firm TGVest Capital. “We We plan to use the new funding to double down on expanding our footprint in key markets, including Taiwan, Japan, Hong Kong, Korea and Asia,” founder and CEO Ming Chen told TechCrunch. “In In Japan alone, we added 35,000 new activities.”.
Reliance Retail has led a $240 million funding round in Google-backed hyperlocal delivery startup Dunzo as the largest Indian retail chain expands to the instant commerce space, a category that has made inroads in the South Asian market in recent quarters. Reliance Retail is investing $200 million in the round for a 25.8%
Investors include China’s Alibaba Group as well as existing investors DPDgroup’s GeoPost , Facebook co-founder Eduardo Savering’s B Capital Group , Monk’s Hill Ventures, and Zamrud, a sovereign wealth fund controlled by Brunei, based on its statement. said Mr. Kenny Ho, Head of Investment for Southeast Asia, Alibaba Group.
A startup called Peeba has built a B2B wholesale online platform that connects independent retailers across Asia with unique brands around the world. The Hong Kong-headquartered company wants to help Asia-based B2B retailers reduce inventory risk and offer higher operational efficiency with lower costs via its platform. .
The new firm also announced the launch of a 30 billion JPY (about $271 million USD) fund, which it claims makes it one of the largest corporate venture capital funds in Japan. DNX Ventures launches $315 million fund for US and Japanese B2B startups. SIP Global Partners announces first close of its $150M fund to bring U.S.
Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 million in pre-Series A funding led by Jungle Ventures. One of Dat Bike’s advantages is that its bikes are developed in house, with locally-sourced parts.
As startup funding increases around the world, The Exchange has poked its head into markets as far-flung as Southeast Asia , Europe , Africa , Latin America and elsewhere. Wherever we looked, we’ve found venture capital flowing in record quantities.
1) The e-commerce site where products fund projects. Launching – and funding – several crowd commerce campaigns. Launching – and funding – several crowd commerce campaigns. Similar to a Kickstarter model, these campaigns use products to fund projects. As of May 2013, w4tw was over-funded by $16,285 from a cool $25K.
The dynamics that play into this forecast, aside from the impact of COVID, include a youthful population (the youngest globally), rising smartphone adoption and internet penetration that has led to a burgeoning tech ecosystem backed by local and international VC dollars. For investors, it hopes to help them build local market intelligence.
culture and an economy based on raw materials, Aotearoa hasn’t stood out to investors in the Asia-Pacific region, especially not when they could set their sights on larger markets in China and Southeast Asia. A geographically isolated country with a “no worries!” or Australian) VCs or the government.
The Bangalore-based company announced today it has closed a $75 million Series C from LeapFrog and Khosla Ventures, with plans to grow its user base in India, Southeast Asia and North America. Weight-loss platform Noom bulks up on $540 million in new funding. Vision Fund backs Chinese fitness app Keep in $360 million round. “We
Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia.
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