Remove Fund Remove Indonesia Remove International
article thumbnail

Summer International uses social media data to launch new beauty brands

TechCrunch

Summer International stays ahead of the game by identifying the most influential content creators, and working with them to incubate new brands. NYX founder and Bespoke Beauty Brands CEO Toni Ko will also join Summer International as a strategic investor. NYX was acquired by L’Oreal in 2014 for about $500 million.

article thumbnail

Southeast Asian startups to watch in 2022

TechCrunch

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. A close look at Singapore’s thriving startup ecosystem.

Indonesia 122
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Seedstars launches second fund to invest in 100 startups in emerging markets

TechCrunch

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.

Fund 98
article thumbnail

AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

TechCrunch

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%

Taiwan 98
article thumbnail

Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain

TechCrunch

Trukita has an extended network of over 10,000 trucks, and the combination of the two companies means it is “now one of the largest logistics technology providers in Indonesia,” said co-founder and chief executive officer Andree Susanto. to advance its push to digitize logistics in Indonesia. Waresix hauls in $14.5M

Indonesia 101
article thumbnail

Indonesian fintech Flip secures $48M in Series B to support expansion

TechCrunch

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip’s total capital raised to $65million. . Flip is Insight Partners’ first investment in Indonesia. . This new funding is a testament to our team’s commitment and persistence.

article thumbnail

Indonesia’s Goto Group raises over $1.3B in first pre-IPO close

TechCrunch

Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding. . Further investors are expected to join in its final close of the funding in the coming weeks. . Indonesia has more than $1 trillion in GDP with a population of 270 million.

Group 86