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Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor Lysenko told TechCrunch.
Volopay , a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 Singapore-based Volopay wants to be the ‘Brex of Southeast Asia’ Most of Volopay’s clients are in the tech sector and have about 15 to 150 employees. million in seed funding.
Glints , the Singapore-based career platform, announced today it has raised $22.5 The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. CakeResume, which wants to become Asia’s largest tech talent pool, raises $900,000 seed round.
One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 Returning investors include notable firms like UBS Next, Singapore’s EDBI, Prosus Ventures (owned by Naspers), Lightspeed Venture Partners, Singtel Innov8 and Endowus employees.
Ninja Van , a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines.
Workmate , a Singapore-based on-demand staffing platform, has been acquired by Persol Asia Pacific , one of the region’s largest HR service providers. Workmate currently operates in Thailand and Indonesia and is expanding operations into Singapore this month. Workmate’s Thailand team.
Arcc, a coworking space in Singapore available for bookings on Deskimo. Its on-demand booking app is currently available in Singapore and Hong Kong, with plans to enter more markets after Demo Day. Tech companies are looking at more flexible work models when offices reopen.
Interested in tech, Quah Zheng Wei left his career as a chartered accountant to teach himself how to code. It has also collaborated with Singapore’s Accounting and Corporate Regulatory Authority to transform their data infrastructure. When I realized that technology can completely displace that activity, it intrigued me.”
Based in Singapore with offices throughout Asia and Australia, Reebelo wants to make buying pre-owned tech as desirable as a brand new device. It has offices in Australia, Singapore, New Zealand, Hong Kong, Malaysia and Taiwan. But the two said something like Recommerce didn’t exist yet in Singapore, where Rastouil grew up.
is a venture capitalist investing in Silicon Valley and Singapore. You might have started searching for a tech-oriented co-founder to help you launch your idea, only to find that your startup can’t afford the ongoing salary for a skilled software developer. Developer salaries are high and often out of reach for a startup business.
Pieter Walraven is the co-founder of Pie, a Singapore-based SaaS startup. As an Asia-based SaaS business founder, I’ve lost count of how many times I’ve been asked: “Why did you base your startup in Asia, and not the US?” For a SaaS business, there’s the usual list of compelling reasons to focus on the States.
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.
Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots was founded in 2017 as a surplus food marketplace for F&B businesses, before it expanded its business to include social commerce, too. About one-third of food produced in the world is never eaten.
The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. Since its seed funding, Tinvio says its client base has increased four times to over 5,000 businesses in Singapore, Indonesia, Thailand and other Asian markets. million seed round.
Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well.
The round will be used to expand into more markets and develop new features for StaffAny’s platform, which currently operates in seven countries, including Singapore, where it is based, Malaysia, and Indonesia. SMB tech is a sector GGV invests in globally. It brings the startup’s total raised to $4.2
Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features. It plans to double its transaction volumes over the next 12 months, and expand its teams in Singapore, Indonesia, Malaysia, Vietnam and Taiwan from 800 employees to 1,400.
In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” 3 golden rules for health tech entrepreneurs. million Series A announced in November 2019.
The company announced today it has raised a $100 million Series A that will be used to expand quickly in the United States and on its Singapore research and development center, which is currently under construction. The latest startup with funding news is Next Gen Foods , the creator of plant-based chicken alternative TiNDLE.
Headquartered in Singapore, proptech startup Propseller is on a mission to make real estate transactions more efficient and data-driven for sellers and buyers alike. Founded in 2018, Propseller will use its Series A to scale its business model, expand its offerings and enter overseas markets. co ,” said Jorge.
Two companies in the data business are teaming up, with Near announcing that it has acquired French startup Teemo. Near founder and CEO Anil Mathews told me that his company processes data around the online and offline behavior of 1.6 billion consumers each month: “We marry these two worlds and fill in the gap.”
The University of Tokyo Edge Capital Partners (UTEC) , a deep-tech investment firm, announced the first close of its fifth fund, which is expected to total 30 billion JPY (or about $275 million USD) by June 2021. UTEC’s deep-tech investments around the world. What do we mean when we talk about deep tech?
After several launches, however, the Singapore-based startup noticed an interesting trend: customers were ordering batches of products from Raena every week and reselling them on social media and e-commerce platforms like Shopee and Tokopedia. Image Credits: Raena. “Basically, you have to block your capital upfront.
A lot has changed since Monk’s Hill Ventures released its first report on tech compensation in Southeast Asia five years ago, with base salaries and competition for top talent jumping dramatically. The report focused on Singapore, Indonesia and Vietnam because they are three of the fastest-growing markets in Southeast Asia.
Wavemaker Partners doesn’t just want to invest in climate tech and sustainability startups. Today, the Singapore-based firm announced the launch of Wavemaker Impact , a venture builder that identifies potential business opportunities, finds seasoned entrepreneurs to turn those ideas into startups and acts like a co-founder as companies scale.
The tech boom in Southeast Asia isn’t just seeding a wave of new entrepreneurs building the next generation of unicorns, it’s also ushering young talent into the roles of first-time managers. Currently, its content looks more general, serving the emerging manager in tech, not the first-time manager handling a fintech startup during a pivot.
UnaBiz, which is based in Singapore, has now raised $60 million in total. UnaBiz acquired Sigfox’s tech in April after the French IoT startup filed for bankruptcy protection. Its goal is to consolidate its business more quickly. 1 napkin and 22 lines of code, or how NS1 rewrote the rules of internet infrastructure.
The Singapore-based startup’s last funding round was $3 million announced in November. It now claims to be used by 6,000 companies in Singapore, the United Kingdom and Hong Kong, giving it $9.5 Singapore-based digital business assistant Osome raises $3 million. Ong, who joined as an angel investor.
Sleek , the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. ” Singapore-based digital business assistant Osome raises $3 million.
Everyone wants to invest in the next big tech mafia. Ross Fubin of XYZ Ventures introduced Palantir’s first business hire to its first engineer, which he describes as “the highest-value thing” he’s ever done. This VC introduced Palantir’s first business hire to its earliest engineer, then his business took off.
Betterdata , a Singapore-based startup that uses programmable synthetic data to keep real data secure, announced today it has raised $1.55 Betterdata’s funding will be used on its product launch and to enhance its programmable synthetic data tech stack, including support for single-table, multi-table and time-series datasets.
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 This lets Jenfi continuously monitor its borrowers’ business activity, including revenue growth and marketing return on investment.
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Early investors include the Baobab Network, an Africa-focused accelerator based in London, and Signal Hill, a Singapore-based fund manager that participated in its $5.5 The company is announcing a $10.5 million seed round last year.
“It is still small-scale, and the most important thing we are doing that other companies should do is focus on the design, engineering and full-scale installations of vessels and the supporting systems to make a lot of it,” said Josh Tetrick, co-founder and CEO of Eat Just, which sells lab-grown chicken meat in Singapore.
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. A close look at Singapore’s thriving startup ecosystem. In Singapore, for instance, Ninja Van , Carousell , Carro and Nium were among startups that hit unicorn status.
In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. A glimpse into Singapore’s current startup ecosystem. Jamil Wyne.
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.
Entrepreneurs with businesses in Asia know that fundraising here can be a daunting task. The ways of doing business across the Pacific are very different than in Silicon Valley, and the quality and breadth of VCs out here vary widely across different countries. The only thing hurting Singapore is the shortage of mid-stage investors.
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. He added that “Singapore is possible the most mature market in Southeast Asia Asia in terms of software/cloud adoption and willingness to spend.
The company, which started in Singapore but now has operations around the world, said it is now valued at $1.6 Overall, we can help any kind of business—whether they are insurers, brokers, agents or non-insurance businesses like telcos, e-commerce, retailers, fintech—to embed insurance at the point of need for their customers,” Schimek said.
Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. My first post in this series described how businesses should start when considering expansion into Asia, which is home to some of the largest and fastest growing markets in the world. See part one here. Hire the right people – local and entrepreneurial.
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 particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like i n other parts of the world. among those affected. It’s a correction in general.
Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. 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. This is the final part of a four-part series.
Now, Live View will be accessible directly from Google Maps and will collate a lot of handy information, including how busy shops and restaurants are, recent reviews, and any uploaded photos. It sounds particularly handy for exploring new destinations remotely.
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