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Intellect , a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Singapore-based Intellect wants to lower barriers to mental health support in Asia. Mental health startups are raising spirits and venture capital.
Glints , the Singapore-based career platform, announced today it has raised $22.5 million in Series C funding led by Japanese human resources management firm PERSOL Holdings. The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams.
Propseller , a Singapore-based real estate agency that combines a tech platform with in-house agents to close transactions more quickly, announced today it has raised $1.2 million in seed funding. Propseller’s last funding announcement was in December 2018, when it raised SGD $1 million (about $737,000) in seed funding.
Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. An extension of Osome’s seed round , the new funding was led by XA Network and AltaIR Capital. The new funding brings Osome’s total raised to $8 million from investors including Target Global.
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 million in follow-on funding. Now two years later, despite a much different funding environment, especially for fintech startups , Endowus is announcing another round.
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. It currently employs more than 61,000 staff.
The reality TV program called Start-UP will see eight finalists pitch for seed funding from private venture capitalists worth a total of S$2 million ($1.6 MediaCorp, the parent company of Channel NewsAsia, has shown immense interest in the regional tech scene recently. Asia Entrepreneur asia-pacific funding News Singapore start-ups'
Long established as a global financial center, Singapore also looks set to become the “Silicon Valley of Asia.” But having a diverse cluster of big tech companies helps the ecosystem by providing more resources, including mentorship and early funding opportunities, say Singapore-based investors.
Volopay , a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The funding will be used on hiring, product development, strategic partnerships and Volopay’s international expansion.
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?
Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). While there are plenty of other companies working on lab-grown meats using various techniques, Eat Just describes the Singapore government’s review and regulatory approval as a “world first.”
Based in Singapore with offices throughout Asia and Australia, Reebelo wants to make buying pre-owned tech as desirable as a brand new device. ” Investors agree, with Reebelo announcing a $20 million Series A today, led by Cathay Innovation and June Fund. “We The company was founded in 2019 by Franta and Fabien Rastouil.
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.
Interested in tech, Quah Zheng Wei left his career as a chartered accountant to teach himself how to code. Accredify has office in Singapore and Australia, and it plans to double down on its presence in the latter country by hiring more people. When I realized that technology can completely displace that activity, it intrigued me.”
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.
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.
UnaBiz , the Massive Internet of Things service provider and owner of Sigfox’s technology , announced today it has raised another $25 million in Series B funding. UnaBiz, which is based in Singapore, has now raised $60 million in total. 1 napkin and 22 lines of code, or how NS1 rewrote the rules of internet infrastructure.
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. STACS participated in Tribe last year, along with Project Ubin, the Monetary Authority of Singapore’s blockchain-based multi-currency payments network initiative.
The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. Tinvio’s last funding announcement was a $5.5 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.
Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 owned Japanese tech conglomerate Z Holdings. These include Pintu , Syfe and Ajaib , all based in Indonesia; and Singapore-based Stashaway. million US) to its war chest. Participants included SoftBank Corp.-owned
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.
The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDB Investment (EDBI), AC Ventures, RTP Global and Momentum Venture Capital. Advanced rider assistance systems: Tech spawned by the politics of micromobility.
Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie.
Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore and the United States. Eventually, it has its eyes on space, deploying its wireless fiber optics from orbit. and anywhere on earth.”
Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. The round included primary and secondary capital, and was led by SoftBank Vision Fund 2 and returning investor BlackRock. Other participants included new investors OMERS and Sony Innovation Fund by IGV.
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.
Speedoc , a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. Speedoc will use its new funding to expand in Southeast Asia, especially in cities where there is a shortage of healthcare professionals.
ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Founded in 2016, the startup’s last funding announcement was for its $10 million Series A, led by IDG, in May 2018.
This brings the health tech startup’s total funding to $45.2 Investors in the latest funding include Sogo Medical, AAIC Investment, Japan Impact Investment, Rakuten Capital, Shoko Chukin Bank, Japan Finance Corporation and Mizuho Bank. after entering Singapore in August. Japan’s health-tech Ubie wants to fuel its U.S
Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monk’s Hill Ventures. million in equity and a $30 million debt facility to fund acquisitions. million in equity and a $30 million debt facility to fund acquisitions.
Refract , a Singapore-based extended reality (XR) startup, announced today it has closed approximately $8.5million SGD (approximately $6million) Series A led by Sea Limited along with international family offices and individual investors. The Series A round brings Refract’s total raised to $9 million.
The round included participation from East Ventures, FreakOut Shinsei Fund, Far East Ventures, Farquhar Venture Capital and angel investors including Allen Shim, former CFO of Slack. SMB tech is a sector GGV invests in globally. We are excited to work with StaffAny as they expand and scale.”.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. To that end, Railsbank’s credit card as a service offering means that any company can offer a branded credit card using the fintech’s infrastructure and tech. It has offices in 11 locations: Santa Monica (U.S.),
The latest startup with funding news is Next Gen Foods , the creator of plant-based chicken alternative TiNDLE. 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.
As consumers’ interest in the environment and nutrition rises, food-tech companies join the race to invent meat alternatives. million (10 billion KRW) Series A funding to compete with 120 companies around the world that produce alternative seafood. The new round of funding, which brings its total raised to $14.1
Carro , one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth, Provident Growth and Indies Capital.
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.
Singapore’s Temasek is also in talks to invest in the new round, one of the sources said. Fi, a two-year-old startup consisting of payments and other consumer tech executives from Google, Netflix and PayPal, declined to comment on Saturday. The deal hasn’t closed yet, so the terms may change, sources cautioned.
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. Today Propseller announced it has raised $12 million in Series A funding led by Vertex Ventures Southeast Asia and India. . co ,” said Jorge.
The company is headquartered in Japan, with operations in Malaysia, and plans to expand into Singapore, Thailand and Indonesia. million USD) in pre-Series A funding from Rakuten Ventures and Beyond Next Ventures to build a B2B logistics platform for farmers that sell to restaurants, hotels and other F&B (food and beverage) businesses. “We
BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc The amount was undisclosed, but sources say it brings BukuWarung’s total funding so far to $20 million. and an Indonesian retail conglomerate. Rocketship.vc
ZenyumClear is currently available in Singapore, Malaysia, Indonesia, Hong Kong, Macau, Vietnam, Thailand and Taiwan, with more markets planned. 3 golden rules for health tech entrepreneurs. This Series B is a testament to that, and of the belief in the large opportunity down the road.”
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. Its last funding announcement was a $1.82 Image Credits: Raena. Raena raises $1.82
As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” 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.
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