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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.
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.
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. Chai also participated. Intellect offers two products.
Founded by an expert on geography and globalization, Climate Alpha’s AI-based platform helps real estate owners and investors analyze the impact of climate change on their portfolios.
Cialfo wants to make the process easier, with a platform that includes school research, communication tools for counselors and students, and Direct Apply, which helps international students find and apply to hundreds of programs with a single application form. The company operates on a B2B model, selling subscriptions to schools.
Shippit , a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation from Jason Lenga. The company launched in Singapore in May, followed by Malaysia in August.
Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . million since its inception, per Crunchbase. .
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. 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. Glints’ team.
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.
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. He realized that many companies struggled to integrate with other platforms and fetch data from banks, or purchase data from different providers.
Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumers to make purchases since people use social media and messaging apps almost every day. The global social commerce market is projected to rise to $6.2
Volopay , a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. . The platform also processes domestic and international bank transfers with low foreign exchange rates and transaction fees. . .
The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. All of Tinvio’s existing investors—Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures—also returned for its Series A, which brings Tinvio’s total raised to $18.5
The Singapore-based company announced today it has raised $6 million in seed funding, led by B Capital Group. Singapore-based sales productivity platform Nektar raises $2.15 The company says this is one of the largest seed rounds ever for a SaaS company based in Asia. million seed round.
Josys , the Japanese B2B SaaS platform that streamlines and automates corporate IT operations, said today it has raised 4.4 billion yen (approximately $32 million) in a Series A round led by Global Brain, with participation from ANRI, Digital Holdings, Yamauchi No 10 family office and World Innovation Lab (WiL). .
On the retail side of its platform, people can use its mobile app to earn a yield on their crypto holdings (6% on Bitcoin, 8.6% Their vision was to build an easy-to-use, trusted platform to bring cryptocurrency to the mainstream, and they’ve truly succeeded,” he added. Bumped its monthly revenue to over $50 million, up from $1.5
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. Some of its previous backers include EDBI, Entrepreneur First, 500 Global, SparkLabs Global Ventures and Michael Seibel.
Validus , a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. . The acquisition will be completed in April 2022. .
million (25 billion KRW) in a Series B funding round as it wants to increase its global presence, specifically into the U.S., Germany, Japan and Singapore. . It also has created partnerships with an array of global companies like Nvidia, Ansys and dSPACE. . Morai SIM already replicated more than 20 cities across the globe. .
While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. Autify, a fully remote company, has 30 employees globally.
Lynk announced today that its “knowledge-as-a-service” platform will be integrated into UBS ’ investment process. The startup has offices in New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto, and serves about 200 enterprise clients, including Fortune 500 corporations, investment firms and government agencies.
Cobo , a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global , A&T Capital and IMO Ventures.
Speedoc , a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. In a statement about the funding, Shinhan Venture Investment (Global Investment) director Jinsoo Lee said, “Healthcare provision and delivery in Southeast Asia is poised for tremendous change in the next decade.
Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million. For example, Singapore, Hong Kong, Japan, Australia and New Zealand are all core markets. Currently, most of its clients are from Singapore, Hong Kong and New Zealand.
Get recognized on a global stage. For the global qualifier contest, we want you to viz about your favorite art form. Go forth and viz to compete for global viz glory in Iron Viz 2022. And the prestige of competing on the global Iron Viz stage? One global qualifier contest to rule them all. Visualizing the arts.
Today, one of the bigger players on the core technology side — Global Processing Services — is announcing $100 million in funding, a sign not just of how popular embedded finance remains as a business, but also GPS’s traction in the space. billion transactions, with 190 million cards now issued to date.
Lynk , the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. Lynk, a “knowledge-as-a-service” platform with more than 840,000 experts, raises $24 million.
Klikit wants to save Southeast Asian food businesses from “ tablet hell ” by aggregating order information from all apps into one platform. Based in Singapore, the startup just exited stealth mode with $2 million in pre-seed funding. Strategic angel investors include executives from Gojek, YouTube and Flash Coffee.
Based in Singapore, Nimbly develops software that automates more of that process. Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. The startup announced today it has raised $4.6
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. and beyond.”.
Founded in 2019, Singapore-based Greywing was created to help ship operators and other members of the maritime industry make critical decisions. When waypoints are entered, the platform scans for flights that crew members can take. million in seed funding. of the world’s commercial fleet.
Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. The company’s goal is to become the “most utilized personalized recommendation platform in at last 30 countries by 2024.” Taboola and Outbrain call off their $850M merger.
Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero. Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero also renewed its partnership with SEEK, which means the platform includes SEEK job ads in Southeast Asia.
Get recognized on a global stage. For the global qualifier contest, we want you to viz about your favorite art form. Go forth and viz to compete for global viz glory in Iron Viz 2022. And the prestige of competing on the global Iron Viz stage? One global qualifier contest to rule them all. Visualizing the arts.
French entrepreneurs Julien Labruyere and Adrien Barthel founded Sleek in 2017 to help entrepreneurs incorporate and operate businesses in Singapore and Hong Kong. The startup built a back-end operating system platform that handles everything from incorporation, government, accounting, taxes and visas to regulatory compliance.
Live in India, Singapore-based MarketWolf has plans to introduce stock trading to first-time investors in more markets. The platform announced today it has raised $10 million in Series A funding led by Singaporean venture capital firm Jungle Ventures and Mumbai-based Dream Capital.
CADDi, a Tokyo-based B2B ordering and supply platform in the manufacturing and procurement industry, helps both procurement (demand side) and manufacturing facilities (supply side) by aggregating and rebalancing supply and demand via its automated calculation system for manufacturing costs and databases of fabrication facilities across Japan.
MOLOCO , an adtech startup that uses machine learning to build mobile campaigns, announced today it has raised $150 million in new Series C funding led by Tiger Global Management, taking its valuation to $1.5 This is separate from the $20 million Series C round MOLOCO announced three months ago , which brought it to unicorn status.
The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations. Singapore is poised to become Asia’s Silicon Valley.
Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. million in funding from PeopleFund, a South Korean peer-to-peer lending platform. Akros just raised $2.3 co-founder and chief executive officer Kyle Moon said in a statement.
Online learning platform Vedantu has raised $100 million in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth. The round was led by Singapore-headquartered — and Temasek-backed — private equity firm ABC World Asia.
Intellect , the Singapore-based mental health platform that now serves over three million users in 20 countries, is getting ready for a new phase of growth after striking a strategic partnership with IHH Healthcare, Asia’s largest private healthcare group. Its other backers include Tiger Global, Y Combinator and Insignia Ventures.
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.
The round included returning investors Target Global, AltaIR Capital and Phystech Ventures, and new backers S16VC and venture capitalist Peng T. 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
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