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Singapore-based mental health app Intellect reaches one million users, closes seed funding

TechCrunch

.” Co-founder and chief executive officer Theodoric Chew launched Intellect earlier this year because while there is a growing pool of mental wellness apps in the United States and Europe that have attracted more funding during the COVID-19 pandemic , the space is still very young in Asia.

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Corporate services platform Sleek lands $4 million in new funding

TechCrunch

The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. Sleek co-founder and chief growth officer Adrien Barthel told TechCrunch that the funding is part of Sleek’s seed round and brings the startup’s total raised so far to $7 million. It will start raising a Series A next year.

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Singapore-based digital business assistant Osome raises $3 million

TechCrunch

An extension of Osome’s seed round , the new funding was led by XA Network and AltaIR Capital. 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. Osome’s digital business assistant.

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Employment Hero raises $181M AUD at $1.25B AUD valuation, acquires KeyPay

TechCrunch

Employment Hero’s last funding announcement was in July 2021, when it announced a $140 million AUD Series E led by Insight Partners at a valuation of $800 million AUD. The company itself has a team of more than 500 full-time employees based around the world. It has now raised a total of $220 million AUD.

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Venture capital funding may have slowed, but VC firms have no problems raising new funds

TechCrunch

As the market swoons, venture capital firms continue to announce new funds. Meanwhile, I corresponded with three firms about their funds and any concerns that limited partners had brought up during the fundraising stage. This allows Pakistani startups to scale faster throughout the country and expand into other markets.”.

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Viola Credit closes $700M fund to provide asset-based lending to fintech startups

TechCrunch

Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. Another example is Market Finance, a tech-enabled SME lender in the U.K., Instead, Viola provides lending capital to fintech lenders.

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Electric utility bike startup Ubco raises $10 million to fund its global expansion

TechCrunch

Ubco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S. market and scale up its commercial subscription service business. . Ubco’s hero product, the Ubco 2X2, is an all-wheel drive electric motorbike that looks like a dirt bike but rides like a moped.