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
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. We’ve asked him to give us some insight into starting, building, and funding a company across Asia. Asia has far fewer VC firms and institutional investors, each of which invests a far smaller amount of capital.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. . This is the first of a four-part series that will provide insight into starting, building, and funding a company across Asia. countries or cities) across Asia that you would like to target. Laser focus.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. This is the second part of a four-part series that will provide insight into starting, building, and funding a company across Asia. Hire the right people – local and entrepreneurial. See part one here.
The company is one of the largest VC-backed startups in Southeast Asia, having raised over $60 million in funding. This is the third part of a four-part series that will provide insight into starting, building, and funding a company across Asia. See part one here and part two here. My simple answer is: absolutely.
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. The €45 million round is a “B Plus,” led by European impact fund Astanor, with participation from Huaxing Growth Capitol Fund, Main Sequence and ABC World Asia.
The Singapore-based fintech, which enables cross-border payments in more than 170 markets, announced today that it has raised $16.9 million in Series A funding led by Sequoia Capital Southeast Asia. The funding will be used to scale Tazapay’s business in Asia and expand in regions like the Middle East and Europe.
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.
The Seoul-based startup announced today it has raised a $60 million Series B. 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.
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.”
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. How localization leader Iyuno Media Group opens entertainment to international audiences. The company said this makes the fund one of its largest shareholders.
With its subscription-based legal services platform, Lawpath wants to become the Asia Pacific’s LegalZoom (in fact, LegalZoom is one of its investors). The company announced today it has raised $7.5 million USD) to expand into new markets, including upcoming launches in New Zealand and Southeast Asia. million AUD (about $5.5
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.
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. Intellect, the mental health startup focused on APAC, raises $10M Series A.
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
Europe and Asia, including Michael Novogratz’s, participated in the round. In total, Alerzo has raised more than $20 million since its launch. “Growing up in Ibadan, I watched my mother operate two informal retail stores to raise my three siblings and me. The company is announcing a $10.5
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.
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 startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 million, led by J12 Ventures.
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. million seed round in 2021.
In Southeast Asia, for example, a growing list of startups is increasing access to mental healthcare and support. One of them, ThoughtFull , announced today it has raised $1.1 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.
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. .
Multiplier , a startup that enables companies to hire and pay remote workers while complying with local laws, announced today that it has raised a $60 million Series B at a valuation of $400 million. Multiplier raised a Series A of $13.2 Remote raises $35M to help orgs with global workforce payroll, benefits and more.
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.
Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. Launched in 2012, #GivingTuesday has tremendous opportunity to grow into a global day of giving that could raise hundreds of millions of dollars for organizations.
Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 One of Dat Bike’s advantages is that its bikes are developed in house, with locally-sourced parts. Son Nguyen, founder and chief executive officer of Dat Bike.
Loship , the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. The new round brings Loship’s total raised to $20 million. We are locals and we have our winning playbook.
The goal is to collect 4 million actions (photos of hands raised, likes on their Facebook campaign page, etc) and present the collective actions to the United Nations Secretary General and the world donor community urging them to put girls’ education as their priority. The photo above is Leng Sopharath.
And Southeast Asia is no exception. Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. million in a Series B led by Silicon Valley heavyweight Accel.
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.
Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just four months after a $30 million growth round. This brings Syfe’s total raised so far to $52.4 Syfe founder Dhruv Arora.
The Singapore-based startup announced today it has raised $6.6 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.
Today, one of such, MAGIC Fund , a global collective of founders, is announcing that it has raised a second fund of $30 million to continue backing early-stage startups across Africa, Europe, Latin America, North America, and Southeast Asia. Hendra Kwik of Payfazz has such a reputation in Southeast Asia as well.
Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.
One of the most interesting from the mix is BrioHR , which is building human resources (HR) software for Southeast Asia. The company fits into a theme I’ve noticed amongst startups, namely a focus on taking proven software genre approaches to specific parts of the world, localizing them and building in-region winners.
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. Una announced today that it has raised a $40 million equity and debt round. Thrasio raises $750M more in equity for its Amazon roll-up play.
The startup, whose clients include Danone, Kellogg’s, Cargill and Dole, announced today it has raised an oversubscribed $4.4 It brings Ai Palette’s total raised to $5.5 Its customer base started in Southeast Asia, before expanding into China, Japan, the United States and Europe. Both will join Ai Palette’s board.
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. HealthifyMe has now raised more than $100 million in total. When it enters a new market, the company localizes its services using a playbook.
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 The latest funding officially makes Danggeun Market a unicorn, with $205 million total raised. By the way, Danggeun means carrot in Korean.). Canada and Japan. “We
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. .
VerSe Innovation, the parent firm of popular news aggregator Dailyhunt and short video app Josh, said on Thursday it has raised over $450 million in a new financing round, just five months after securing $200 million , as the Indian startup looks to expand its offerings to international markets.
Ninja Van will use the proceeds to strengthen its operations including micro supply chain solutions to optimize e-commerce opportunities in Southeast Asia. “We strongly believe in the potential of e-commerce in Southeast Asia, in particular the power of technology-enabled logistics to fuel e-commerce growth.
Stuart Wall, CEO of Signpost , a local advertising platform funded by Spark Capital and Google Ventures. Politically, Denver’s local government has championed social causes, including increased gun control, LGBT rights and programs for the homeless. In 2012, Denver startups raised more than $280M, with 33 startups raising $1M or more.
To help accelerate its own vision, Gembah has raised an $11 million Series A, led by local firm ATX Venture Partners along with Silverton, Flexport, Brett Hurt, Jim Curry and Dan Graham. and 19 in other locations, including Asia and Mexico. Image Credits: Gembah. It follows a $3.28 At present, Gembah has 55 employees in the U.S.,
It has also since completed “multiple” acquisitions of local brands operating across a variety of industries, such as beauty, fitness and home goods. The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception.
This latest raise is led by sustainable food fund Astanor Ventures, with participation from CNH Industrial, At One Ventures and Trimble Ventures. The system was introduced this year, with a pilot at a local vineyard. Now, a mere eight months later, the company is tripling the round, with a $61 million Series B.
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