TechCrunch

MARCH 28, 2022

GrowSari , a Manila-based platform for digitizing small businesses in the Philippines, announced today it has added $77.5 Along with prior funding, including $45 million announced in January , this brings the round’s total to about $110 million. million to its Series C round.

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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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TechCrunch

APRIL 11, 2022

Voyager Innovations , the owner of Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 Voyager’s last round of funding was in July 2021 , when it raised $167 million in preparation for launching its neobank.

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TechCrunch

JANUARY 25, 2022

Enter BreederDAO , a months-old, Philippines-based “specialist manufacturer” of digital assets for use in blockchain-based games and virtual worlds, including “Axie Infinity.” Why fund an outfit that’s solely focused on producing digital assets, as if they were widgets on a factory line?

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TechCrunch

FEBRUARY 15, 2022

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.

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TechCrunch

AUGUST 11, 2021

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Many of these LPs also participated in AppWorks’ $50 million second fund in 2014. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1%

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TechCrunch

JANUARY 12, 2021

Just a year later, Checkout.com added $150 million in funding at a $5.5 Checkout.com is now valued at $15 billion based on today’s funding round. And the company is working on adding India and the Philippines. But we generate double-digit million dollars,” Pousaz told me. Checkout.com had 440 employees in January 2020.

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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. The Singapore-based startup announced today it has raised $6.6

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TechCrunch

AUGUST 19, 2021

billion crypto fund, Arianna Simpson is very focused on how to return that capital and much more to the firm’s limited partners. YGG lends players the money to buy the Axies and other digital assets to start the game, so they can start earning money. billion Crypto Fund III. Our chat, edited for length, follows.

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TechCrunch

SEPTEMBER 23, 2021

Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. ” The $90 million funding raised is a combination of debt and equity, $45 million each. Brazil, Pakistan, and the Philippines. ” More than 1.5

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TechCrunch

SEPTEMBER 23, 2022

A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . Image Credits: CloudEats. CloudEats says it has served more than 2.5 million orders.

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TechCrunch

OCTOBER 19, 2021

This brings Seafair’s total funding to about $7 million. Maritime intelligence platform Greywing raises seed funding from investors like Flexport. Shipping companies are based around the world, but about 50% of seafarers come from Eastern Europe and the Philippines, so they typically rely on agencies to staff vessels.

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TechCrunch

MAY 23, 2022

Today, he claims, SwipeRx has transformed and digitized the pharmacy industry and become a one-stop platform for pharmacists to perform all their daily tasks, from education to purchasing to inventory financing in Southeast Asia. million in Series A funding in 2017 — has the kind of momentum that investors like.

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TechCrunch

MARCH 2, 2021

Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. 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.

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TechCrunch

AUGUST 29, 2022

The new capital will be used to expand Glints’ talent supply base in the Philippines and employer demand globally and hiring for its product and tech teams. Founder and CEO Oswald Yeo told TechCrunch the company is focusing on the Philippines because of “its large and fast-growing international workforce.

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TechCrunch

JANUARY 25, 2022

GrowSari , the Manila-based startup that helps small shops grow and digitize, announced today that KKR will lead its Series C round with a $45 million investment. The funds will be used to enter new regions in the Philippines and expand its financial products. million “mom and pop” stores in the Philippines. .

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TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Existing investors IVP, Revolution Growth and Lowercase Capital also joined the round that brings Tala’s total funding raised to a little over $360 million.

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TechCrunch

FEBRUARY 9, 2022

This amount includes Brick’s previously undisclosed seed funding, which TechCrunch reported in May 2021 , but the majority of it is fresh capital, said co-founder and CEO Gavin Tan. The funding fill be used to double down on Brick’s presence in Indonesia and regional expansion. The company announced today it has closed a $8.5

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TechCrunch

AUGUST 11, 2021

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. Jamil Wyne. Contributor.

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TechCrunch

JULY 21, 2022

million in pre-Series A funding led by Vertex Ventures. Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever. Fairbanc announced today it has raised $4.8 It says it has already onboarded over 350,000 merchants in less than 12 months.

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TechCrunch

OCTOBER 26, 2021

million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. The most prominent examples include Plaid in the United States and Tink and Truelayer in Europe (Finverse’s seed funding included angel investment from Truelayer employees).

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TechCrunch

NOVEMBER 28, 2022

The newest round was led by the InsuResilience Investment Fund II, which was launched by the German development bank KfW for the German Federal Ministry for Economic Cooperation and is managed by impact investor BlueOrchard. Igloo was created to make insurance more affordable and relevant to the needs of communities in Southeast Asia.

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TechCrunch

AUGUST 23, 2021

Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia. million in seed funding, with participation from investors including FEBE Ventures, Class 5 and Kevin P. And they asked ‘where is the wallet?

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TechCrunch

MAY 15, 2023

The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. More than 10,000 corporates in over 10 countries, including the U.K.,

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TechCrunch

SEPTEMBER 7, 2021

The funding brings Jeff’s total raised to about $2.5 It also plans to enter the Philippines in the third quarter. Part of the funding will be used to increase Jeff’s team from about 15 people now to more than 40 employees for its offices in Latvia and Southeast Asia. million, led by J12 Ventures.

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TechCrunch

OCTOBER 12, 2022

It supports 10 digital assets, including Bitcoin, Ethereum, Solana, Polygon, Axie Infinity and USD-backed stablecoins USDC and USDT, and plans to expand to over 50 assets in the coming months. Afterward, they get a short lesson on the potential risks of investing in digital assets before choosing which ones they want to deposit or invest in.

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TechCrunch

APRIL 13, 2021

It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam. According to Crunchbase , the company has raised over $10 billion, including from SoftBank’s Vision Fund. This is a milestone in our journey to open up access for everyone to benefit from the digital economy.

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TechCrunch

DECEMBER 8, 2021

The new funding brings its total raised so far to $10.5 Upmesh will use the pre-Series A funding to expand its regional presence in Southeast Asia and launch its first Instagram live selling app and backend automation features like logistics automation. million pre-Series A round led by Monk’s Hill Ventures. million. .

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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!” Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. Indonesian venture capital firm Alpha JWC closes $433M third fund.

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TechCrunch

DECEMBER 22, 2020

But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. It’s already eyeing Vietnam and the Philippines and has established partnerships in Brussels.

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TechCrunch

SEPTEMBER 26, 2021

Ascend Money will use the proceeds to grow its e-wallet application – TrueMoney Wallet – and expand its digital financial services ranging from digital lending and digital investment to cross border remittances in Southeast Asia. Apart from e-wallet, we are an agent-based payment and remittance service provider.

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TechCrunch

SEPTEMBER 5, 2022

The Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. How digital health startups are navigating the post-Roe legal landscape. It recently launched in Taiwan, where more than 2,000 doctors have signed up so far.

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TechCrunch

MARCH 23, 2021

The funding will be used to enter other Southeast Asian markets, including Indonesia and the Philippines, and introduce new products, like free credit score and insurance offers, digital discount coupons and mobile wallet cashbacks. “This is also a great way to learn more about creditworthiness and what’s on demand.

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TechCrunch

MAY 17, 2023

million seed funding, and an additional $1 million commitment for on-chain liquidity, in a round led by early-stage backer TCG Crypto, with participation from a number of funds including BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research.

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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.

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TechCrunch

FEBRUARY 6, 2023

million seed funding it has raised from 500 Global, P1 Ventures, Launch Africa, and Middle East VCs Seedra Ventures, Arzan Ventures, Propeller, Core Vision, as well as a number of regional investors. Gameball’s clientele include Sega, Xiaomi, Experience Philippines and Breadfast. Gameball’s expansion drive is backed by a $3.5

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TechCrunch

DECEMBER 22, 2020

million in funding to its investors, including Andreessen Horowitz. Sure, Essential was entering a mature and oversaturated market, but the Playground-backed startup was doing so with $330 million in funding, a team of top industry executives and some genuinely innovative ideas. The startup even returned some of its $75.5

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