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The company announced today it has raised a $4.29 million seed round led by Wavemaker Partners, which it says is the largest seed round ever raised in Malaysia, based on data from Crunchbase. million hectares in Malaysia alone, worth over $1.3 This is often done by workers with knapsack sprayers or on tractors.
The Malaysia-based company said today it has raised $7 million in Series A funding led by Headline, with participation from AltaIR Capital, Smart Partnership Capital, Sterling Oak Group and Calendula Ventures. Malaysia-based Respond.io We see the huge potential behind the Respond.io
Malaysia-based Food Market Hub is a cloud-based platform that connects food and beverage (F&B) outlets directly to suppliers, making it easier to communicate and manage orders. Many restaurants still rely on spreadsheets to track their inventory of produce, meat and other ingredients. This brings Food Market Hub’s total funding to $4.7
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. Railsbank raises $10M Series A for its open banking and compliance platform.
Human resources platform Employment Hero announced today it has raised $181 million AUD (or about $129 million USD), putting it at unicorn valuation in Australian dollars of $1.25 It has now raised a total of $220 million AUD. billion (or about $890 million USD).
TechCrunch caught up with Benjamin Croc , the company’s co-founder and CEO, who is located in Kuala Lumpur, Malaysia (the city pictured in the image at the top of this post). BrioHR raised the capital using a convertible note, with terms that Croc described as near to standard. Personio raises $125M on a $1.7B
Easy Eat AI , a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. Founded in 2019 by Mohd Wassem, Rhythm Gupta and Abdul Khalid, Easy Eat AI currently has operations in Malaysia, and plans to expand into other Southeast Asian markets.
Comparable to DoorDash Drive or Lalamove (Malaysia), Dostavista is a “crowdsourced” same-day delivery service. At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B.
Homage , the caregiving-focused startup, has raised a $30 million Series C led by Sheares Healthcare Group, which is wholly-owned by investment firm Temasek. Homage currently operates in Singapore, Malaysia and Australia. It brings Homage’s total raised to more than $45 million.
Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment. Founded in 2016, its target is to serve 50 million users by 2025.
Co-founder and chief executive officer TK Chen told TechCrunch that FunNow originally planned to start raising its Series B in 2020, before COVID hit. Despite dealing with the pandemic’s impact in all of its markets, including Hong Kong and Malaysia, the company began to see business improve during the second quarter of this year.
The company’s Series B, which brings its total raised since 2017 to $41 million AUD, will be used to expand in Southeast Asia and double its total team by hiring 100 new people, including 50 software developers. The company launched in Singapore in May, followed by Malaysia in August.
Speedoc , a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. Speedoc is available in a total of nine cities, including eight in Malaysia. Southeast Asia health tech platform Speedoc raises $28M by Catherine Shu originally published on TechCrunch.
Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes by Catherine Shu originally published on TechCrunch.
Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India. Ajaib raises $65M Series A extension led by Ribbit Capital, increasing the round’s total to $90M. This brings Bibit’s total funding to $110 million, including a Series A announced in May 2019.
Today the Hong Kong and Malaysia-headquartered startup announced it has raised $23 million in Series B funding to scale its team and product. million Series A announced 10 months ago, and its new round brings its total raised to more than $35 million since 2020. That’s where WATI (WhatsApp Team Inbox) steps in.
Una Brands , the e-commerce aggregator focused on Asia-Pacific brands, announced today it has raised $15 million for its Series A. Besides raising equity, Una also extended its debt facility size from Claret Capital. “We E-commerce aggregator Rainforest raises $20M just months after its last funding.
GoGet , a Malaysian on-demand work platform, announced today that it has raised a $2 million Series A led by Monk’s Hill Ventures. While Malaysia has other on-demand work platforms, including Supahands and Kaodim, each has its own niche. The Series A will be used to expand GoGet in Malaysia.
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 Founded in 2019, STACS has now raised a total of more than $6 million and is preparing to raise Series A funding later this year. Some of its other clients are Deutsche Bank, Bursa Malaysia, EFG Bank and Bluecell Intelligence.
A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . The cloud kitchen market in Asia is projected to grow at 14.2% billion by 2030 , up from $15.2
Zenyum , a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This brings Zenyum’s total raised so far to $56 million, including a $13.6 ” Beam raises $80M as the dental insurer looks to keep up rapid historic growth.
The company is headquartered in Japan, with operations in Malaysia, and plans to expand into Singapore, Thailand and Indonesia. This round brings Secai Marche’s total raised to about $3 million. Before launching the startup, Sugiyama spent four years working in Southeast Asia, including managing restaurants and cafes in Malaysia.
HealthifyMe has now raised more than $100 million in total. About 25% of HealthifyMe’s revenue comes from outside of India, including Singapore and Malaysia. That is how the company launched HealthifySmart in Singapore and Malaysia, and it plans to do the same thing in North America.
The company announced today it has raised a $5.15 Other investors included Orbit Malaysia, Citrine Capital, HMI Group and Emtek. The company currently operates in Singapore, Malaysia and Indonesia, and plans to enter into new countries with its new funding. The new round brings Smarter Health’s total raised to $8 million SGD.
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
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.
The startup announced today it has raised a $5 million Series A led by Monk’s Hill Venture. The funding will be used to expand in the Asia-Pacific region, including Indonesia, the Philippines, Malaysia and Indonesia, and to add new features in response to demand from hospitals and healthcare organizations during COVID-19.
The company just raised a $6 million Series A round, led by Gobi Partners, Pacific Century Group and Complex China, to strengthen its foothold in the U.S. valuation in Series F raise. Global adaptability and an ever-evolving mindset have always been our DNA,” Yip said in the statement. Sneaker marketplace GOAT hits $3.7B
HappyFresh , the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia. It continues to operate in Indonesia, Malaysia and Thailand. The round was led by Naver Financial Corporation and Gafina B.V.,
San Diego-based startup LifeVoxel has raised $5 million in a seed round to bolster data intelligence of its AI diagnostic visualization platform for faster and precise prognosis. Kovalan, who was born and raised in Malaysia, studied computer science in Ohio State University, and on completion, went on to specialize in artificial intelligence.
The Singapore-based startup announced today it has raised $6.6 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. million in pre-Series B funding, led by Headline Asia. Jenfi absolutely stood out to us.
Viva Republica, the Seoul-based fintech company behind Toss , a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 Viva Republica, which hit unicorn status in 2018 , has now raised more than $940 million in equity funding. As an Asian company, reaching a $7.4
Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 More than 80% of households in Indonesia, Malaysia, Thailand and Vietnam own two-wheeled vehicles, but the majority are fueled by gas. Son Nguyen, founder and chief executive officer of Dat Bike.
” The company is coming out of stealth today and also announcing that it has raised $12 million in funding led by Petra Group and Freestyle Capital, with participation from Jake Roper, Peter Hollens, Wendy Ayche (a.k.a. Wengie), Selina Tobaccowala, Jazwares CEO Judd Zebersky and others.
Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. And Southeast Asia is no exception. million in a Series B led by Silicon Valley heavyweight Accel.
The eight-year-old Indian budget hotel giant has filed the paperwork (PDF) with the local market regulator for an initial public offering, in which it is seeking to raise about $1.16 Oyo recently raised $660 million in debt. SoftBank plans to sell stakes worth over $175 million, Oyo said in the filing.
Today, Funding Societies announced it has raised $144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with participation from new investors like VNG Corporation, Rapyd Ventures, EDBI, Indies Capital, K3 Ventures and Ascend Vietnam. . The platform disburses online loans ranging in size from $500 to $1.5
of iCar Asia from Malaysia internet conglomerate Catcha Group. Carsome rival Carro revealed one month ago that it raised a $360 million Series C led by SoftBank Vision Fund 2, boosting it to unicorn status. A day after Carro’s announcement, DealStreetAsia reported that Carsome is in talks to raise over $200 million in a pre-IPO round.
The new round of funding brings its total raised to $5.8 Peeba works with global brands, including North America, Europe and Asia, and helps them connect with retailers across Asia in Hong Kong, Taiwan, Macau, Singapore, Malaysia, Indonesia, Thailand, Australia, Vietnam, South Korea and Japan. . The startup has secured $4.2
ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others. ShopBack, which has raised about $126 million from investors like Rakuten, Temasek Holdings, EV Growth, EDBI and East Ventures, says it is now used by about 30 million shoppers across 8,000 merchants in nine Asia-Pacific markets.
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.
Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools. Meanwhile in Malaysia, where 61.3%
Secai Marche , a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 This brings the startup’s total raised so far to $4.5 TechCrunch last covered Secai Marche when it raised seed funding from Rakuten and Beyond Next in 2021.
Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. Singapore’s logistics tech startup Parcel Perform raises $20 million. Ninja Van raises $30M to build a regional logistics network in Southeast Asia. It currently employs more than 61,000 staff.
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