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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.
trillion general insurance industry. . The company has raised a $1 million seed round to enhance its platform and scale in Asia. The company is currently operating its service in Singapore, but plans to enter other markets like Malaysia, Hong Kong and Taiwan, Gordon Tay said. . “We billion, Gordon Tay mentioned. .
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 team will continue their strong momentum on the path to becoming the industry-leading tool for enterprise sales productivity.”.
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.
Based in Singapore, Nimbly develops software that automates more of that process. The startup announced today it has raised $4.6 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.
StaffAny , a management platform for SMEs with shift workers, has raised a $3.4 The round will be used to expand into more markets and develop new features for StaffAny’s platform, which currently operates in seven countries, including Singapore, where it is based, Malaysia, and Indonesia. It brings the startup’s total raised to $4.2
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. Ethereum wallet imToken raises $10M Series A from IDG to expand in the US, Asia and Africa. Crypto boom continues as Chainalysis raises $100M, doubles valuation to over $2B.
Forto , a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. It’s now raised $103 million since its launch in 2016. PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry.
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. Before this round, Trax had raised $360 million in primary funds.
The startup announced today it has raised a $2 million seed round, co-led by SOSV and Vectr Ventures. Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe. trillion-dollar industry. It will also enter Singapore because developers are willing to adopt AI-based technology.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and Europe and helps protect the reputation of the fintech industry. Railsbank raises $10M Series A for its open banking and compliance platform. Singapore, Vilnius (Lithuania), Munich (Germany), Newcastle (U.K.),
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.
Easy Eat AI , a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG.
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. Raena raises $1.82 Its last funding announcement was a $1.82
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3 Akros just raised $2.3
Pharmacies in Southeast Asia were largely fragmented, mom-and-pop shops operating in silos when the company — originally known as mClinica — was incorporated in Singapore in 2014. Certainly, SwipeRx — which raised $6.3 million in Series A funding in 2017 — has the kind of momentum that investors like.
Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. The new funding brings CADDi’s total raised so far to $90.5
Founded in 2019, Singapore-based Greywing was created to help ship operators and other members of the maritime industry make critical decisions. Greywing was created in 2019 after founders Clarke and chief technology officer Hrishi Olickel met at Entrepreneurs First in Singapore. million in seed funding.
As pressure grows on companies to reduce reliance on gas and oil, established processes even at industrial scales are being questioned, offering an opportunity for tech to step in. The concept isn’t new, and in fact is used across the membrane industry, but where SepPure’s diverges is in its durability and compactness.
Osome , a startup that combines multiple corporate services for SMEs into one “super app,” has raised a $16 million Series A. The Singapore-based startup’s last funding round was $3 million announced in November. The Singapore-based startup’s last funding round was $3 million announced in November.
Fireblocks , an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled the company’s valuation to $2.2 In February, the New York-based startup raised $133 million in a Series C round at a $700 million valuation. billion in just over five months. said it agreed to buy BitGo Inc.
Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. According to Crunchbase data , this brings Lalamove’s total raised so far to about $976.5 All three are returning investors. million monthly active users.
Betterdata , a Singapore-based startup that uses programmable synthetic data to keep real data secure, announced today it has raised $1.55 Betterdata also plans to hire more people, including sales and marketing employees, and expand beyond Singapore to more of the Asia-Pacific region over the next one to two years.
The Sydney, Australia-based company announced today it has raised a $45 million AUD (about $34.8 Employment Hero doubled the number of its full-time employees to 200 last year, and launched versions in New Zealand, the UK, Malaysia and Singapore. million) Series D, bringing its valuation to more than $250 million AUD ($193.4
Backed by investors including the Bill and Melinda Gates Foundation and CDC Group, Cropin is set on digitizing the agricultural industry. Since its launch 12 years ago, Cropin has raised a total of $33 million. Headquartered in Bangalore, Cropin has subsidiaries in the United States, Singapore and the Netherlands.
Danish company LMS365 , an online learning management system (LMS) built for use inside Microsoft products, has raised $20 million in its first institutional round of funding. “Our primary markets (around 80%) are services industry, logistics, manufacturing, automotive, health care and government.”
Pasqal , a Paris-based quantum computing startup, today announced that it has raised a $100 million Series B funding round let by Singapore’s Temasek. At this point, most researchers believe that we won’t see the industry trend toward a single technology for solving every algorithm.
As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. The reason that Blacklane has managed to raise at an up round tells another side of the story, however.
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. Next Gen claims this is the largest seed round ever raised by a plant-based food tech company, based on data from PitchBook.
Like other areas of healthcare, the dental industry is steadily embracing technology. The Singapore-based company was founded in 2021, but was an idea that started last year. The Singapore-based company was founded in 2021, but was an idea that started last year. billion global dental services market this year.
With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China.
Una Brands , a Singapore-based e-commerce aggregator, has raised $30 million in pre-Series C financing just five months after announcing its $30 million Series B funding that was raised in September of last year. It also declined to disclose its valuation when asked.
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 Founded in 2013 and based in Redwood City, California, MOLOCO has now raised $200 million in total.
SonarSource , whose technology detects reliability and vulnerability issues in code, today announced that it raised $412 million in a funding round co-led by Advent International and General Catalyst at a $4.7 “Organizations across all industries have long understood that software is critical to running their businesses.
So armed with those facts and a team of wonderful employees and investors who strongly believed in that, we were able to weather some of the ups and downs of the industry, even though it’s not always been an easy ride. Why Singapore might become Asia’s Silicon Valley. Singapore is poised to become Asia’s Silicon Valley.
Temasek and the government of Singapore Investment Corp. SambaNova on one level competes for enterprise business against companies like Nvidia, Cerebras Systems and Graphcore — another startup in the space which earlier this year also raised a significant round. Green shoots for software companies.
Novoloop , a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son’s Mistletoe. This follows a first raise of $11 million in February and brings the Series A to $21 million and its total funding to $24 million.
Ottonomy.IO , a startup working on solving delivery problems using autonomous robots, has raised $3.3 The company said it was also working with top Fortune 500 companies in retail and restaurant industries across North America to widen its market, though it declined to identify them. ” Ottonomy.IO million before the seed funding.
Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round. The four-year-old startup has raised about $50 million to date. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. The startup aims to grow this figure to $300 million by March next year.
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.
Trigo , an Israeli startup that builds technology for stores to operate cashier-free, “just walk out” experiences similar to those you might find in Amazon Go stores, has raised $100 million. This latest round brings the total raised to almost $300 million.
To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.
E-commerce is booming in Southeast Asia, but in many markets, the fragmented logistics industry is struggling to catch up. Locad , a startup that wants to help with what it describes as an “end-to-end solution” for cross-border e-commerce companies, announced today it has raised a $4.9 million seed round.
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