TechCrunch

AUGUST 23, 2021

Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. The new financing also comes two years after OPay announced two funding rounds in 2019 — $50 million in June and a $120 million Series B in November.

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TechCrunch

JULY 6, 2021

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.

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TechCrunch

AUGUST 3, 2021

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.

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TechCrunch

DECEMBER 1, 2020

Intellect , a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Singapore-based Intellect wants to lower barriers to mental health support in Asia. Chai also participated. Intellect offers two products.

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Nonprofit Tech for Good

SEPTEMBER 10, 2013

Thanks to Microsoft Citizenship Asia Pacific , I’ve had the great honor to present a series of online fundraising and social media trainings to over three hundred non-governmental organizations (NGOs) throughout Asia Pacific over the last three years. World Wildlife Fund :: wwf.org. . AMREF :: amref.org. .

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TechCrunch

JULY 11, 2022

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.” Intellect’s platform has two components.

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Nonprofit Tech for Good

NOVEMBER 4, 2021

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.

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TechCrunch

APRIL 14, 2022

Could African tech be immune to the global funding slowdown ? This is news in itself, but even more so when venture funding was simultaneously declining in the U.S., Asia and Latin America. billion of VC funding went into African tech in Q1 2022. It sounds like a counterintuitive question to ask.

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TechCrunch

APRIL 5, 2021

million in Series C funding led by Japanese human resources management firm PERSOL Holdings. Glints co-founder and chief executive officer Oswald Yeo said this is the largest funding round to date for a talent platform in Southeast Asia, and brings the startup’s total raised to $33 million.

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TechCrunch

NOVEMBER 28, 2022

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.

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TechCrunch

NOVEMBER 10, 2021

Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie.

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TechCrunch

DECEMBER 30, 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25

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TechCrunch

AUGUST 6, 2021

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.

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TechCrunch

FEBRUARY 28, 2023

Undergirding their strong conviction is a bet that India and Indonesia and other markets in South Asia will double and triple their GDPs in the next 10 to 15 years, and the public markets and tech companies stand to take a significantly broader role in that surge. The combined market cap of top-five tech companies in the U.S.

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TechCrunch

NOVEMBER 15, 2021

Africa Health Holdings , a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria. Valiant Capital, Kepple Ventures and SUNU Capital.

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TechCrunch

DECEMBER 15, 2022

WritePath make the process faster and scalable by combining its AI tech with human translators. WritePath announced that it has raised $340,000 in pre-Series A funding, led by Quantum International Corp. The company’s platform combines tech like Warren, its in-house machine translation engine, with human translators.

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TechCrunch

SEPTEMBER 8, 2021

Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monk’s Hill Ventures. million in equity and a $30 million debt facility to fund acquisitions. million in equity and a $30 million debt facility to fund acquisitions.

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TechCrunch

JULY 25, 2022

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 Asia Asia in terms of software/cloud adoption and willingness to spend. What downturn?

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TechCrunch

NOVEMBER 16, 2022

Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. billion won) for its latest, sixth fund, bringing the firm’s total assets under management to approximately $22 million (28 billion won).

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TechCrunch

JULY 10, 2022

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.

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TechCrunch

JANUARY 15, 2023

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. That is what Locad’s tech enables.

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TechCrunch

JUNE 15, 2021

Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace at a few participating mines and refineries. Heliogen’s new tech could unlock renewable energy for industrial manufacturing. MENA and Asia Pacific areas.

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TechCrunch

DECEMBER 13, 2022

Venture capital (VC) funding in U.S. construction tech startups alone reportedly hit $1.3 Brick & Mortar Ventures, meanwhile, launched an early-stage accelerator billed as the “ Y Combinator of construction tech.” billion in the first half of 2022, representing a 44% increase on the previous six months.

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Nonprofit Tech for Good

OCTOBER 20, 2019

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. 25) World Wildlife Fund Gifts :: gifts.worldwildlife.org.

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TechCrunch

OCTOBER 13, 2022

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.

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TechCrunch

JANUARY 18, 2021

This is one of Salesforce Ventures’ rare investments in Asia. “In HR tech and SaaS space, we are now only behind SAP and Oracle in India in terms of revenue,” he said. India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets. Image Credits: Darwinbox.

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TechCrunch

MAY 15, 2023

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.

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TechCrunch

APRIL 24, 2023

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.

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TechCrunch

DECEMBER 28, 2021

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them.

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TechCrunch

SEPTEMBER 10, 2021

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.

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TechCrunch

NOVEMBER 29, 2021

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 owned Japanese tech conglomerate Z Holdings. Endowus raised its $23 million SGD Series A just seven months ago , led by Lightspeed Venture Partners and SoftBank Ventures Asia.

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TechCrunch

DECEMBER 22, 2020

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.

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Nonprofit Tech for Good

NOVEMBER 8, 2018

Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. Baby Boomers are the generation most likely to give as a result of direct mail/post (18%) , but overall, all generations are becoming more homogeneous and tech-based in their giving habits.

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TechCrunch

JULY 25, 2022

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.”.

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TechCrunch

DECEMBER 15, 2022

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.

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TechCrunch

SEPTEMBER 14, 2021

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

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Nonprofit Tech for Good

SEPTEMBER 3, 2017

Source: United Nations Population Fund. In the coming decades as wealth rises in Asia, so will philanthropy and with it a second wave of online activism and giving. A messaging app revolution is happening throughout Asia, Africa, Latin America, and the Middle East. Source: Rothschild’s Giraffe Project.

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