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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 This time it’s $35 million with new investors, including Citi Ventures and MUFG Innovation Partners, bringing the company’s total raised so far to $95 million.
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.
Glints , the Singapore-based career platform, announced today it has raised $22.5 The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. million in Series C funding led by Japanese human resources management firm PERSOL Holdings.
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.
ShopBack , the Rakuten-backed e-commerce loyalty platform, announced today it will acquire buy now, pay later startup Hoolah. Both companies are based in Singapore and operate in Southeast Asian markets. ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others.
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments.
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 Propseller’s last funding announcement was in December 2018, when it raised SGD $1 million (about $737,000) in seed funding. million in seed funding.
Singapore-based Nektar.ai , a productivity platform for sales teams, has raised $2.15 Demand Sage raises $3M to make sales and marketing data more accessible. Nektar co-founders Abhijeet Vijayvergiya and Aravind Ravi Sulekha. million in seed funding.
The company announced today it has raised a $25 million Series B from Illuminate Financial, AFG Partners and Winter Capital. This brings Osome’s total raised since it was founded in 2017 to $51 million. Osome currently serves more than 11,000 business in Singapore (where it is is headquartered), Hong Kong and the United Kingdom.
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.
Volopay , a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 Singapore-based Volopay wants to be the ‘Brex of Southeast Asia’ Most of Volopay’s clients are in the tech sector and have about 15 to 150 employees. million in seed funding.
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.
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
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.
Singaporean insurtech company Surer , which automates the workflow and processes via a cloud-based platform, helps insurance intermediaries get rapid access to insurance quotations and insurers to distribute their products more efficiently. The company has raised a $1 million seed round to enhance its platform and scale in Asia.
Speedoc , a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. Southeast Asia health tech platform Speedoc raises $28M by Catherine Shu originally published on TechCrunch. The round included Bertelsmann Investments, Shinhan Venture Investment and Mars Growth.
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Jenfi absolutely stood out to us.
Aspire , the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. TechCrunch last covered Aspire when it raised its Series B in 2021. We have bundled all of a business’ needs under a single finance operating stack for businesses.
Ordinary Folk , a Singapore-based telehealth startup dedicated to men and women’s health issues, has raised $5 million in pre-seed funding from Monk’s Hill Ventures. The funding will be used for hiring and expand into Hong Kong while scaling in Singapore.
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. This brings Glints’ total raised so far to $80 million. Founded in 2013, the Singapore-based startup says its annual revenue and gross profits grew 2.5x
Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms.
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. It will start raising a Series A next year.
Supermom , a parenting platform with 20 million users in six Southeast Asian countries, offers parents price comparisons, communities and the chance to earn money by completing surveys. Supermom currently has a presence in Indonesia, Malaysia, Singapore, Vietnam and Thailand, and plans to expand into more markets. TechCrunch+.
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.
Doyobi , a Singapore-based professional development platform, wants to give educators new, more engaging ways of teaching STEM subjects. The startup announced today it has raised $2.8 Singapore-based Geniebook’s personalized learning platformraises $16.6M Edtech’s next mission: Go everywhere.
Hong Kong-based viAct helps construction sites perform around-the-clock monitoring with an AI-based cloud platform that combines computer vision, edge devices and a mobile app. The startup announced today it has raised a $2 million seed round, co-led by SOSV and Vectr Ventures.
Shippit , a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 The company launched in Singapore in May, followed by Malaysia in August. million USD) Series B led by Tiger Global, with participation from Jason Lenga.
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.
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. . In January, the company crossed a significant milestone of over $1 billion (SG$1.6
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 The latest funding, which brings Akros’s total amount raised to $6.1 In March, Akros raised $3.75
In total, Alerzo has raised more than $20 million since its launch. Early investors include the Baobab Network, an Africa-focused accelerator based in London, and Signal Hill, a Singapore-based fund manager that participated in its $5.5 About one-third of the total retailers on Alerzo use the platform monthly.
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. . To date, Volopay has raised approximately $31.4 Singapore-based Volopay wants to be the ‘Brex of Southeast Asia’
Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Singapore’s micromobility startup Beam raises $26 million. This article has been updated to reflect new information from Beam.
Intellect , the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The round, which Intellect claims is the largest Series A ever raised by a mental health startup in Asia, was led by HOF Capital.
Many of the highest-profile English tutoring platforms focus on children, including VIPKID and Magic Ears. The South Korea-based startup announced today it has raised an $18 million Series A led by returning investor Must Asset Management, at a valuation of $90 million. the United Kingdom, Japan, Australia and Singapore.
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.
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. This brings Transcelestial’s total raised since it was founded in 2016 to $24 million.
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.
While this news in and of itself is certainly attention-getting, it’s even more impressive when you consider the startup just raised a $50 million Series C last August at a $450 million valuation. The Jersey City, New Jersey-based startup raised $1.6 BlockFi, which lends money to cryptocurrency holders, just raised $18.3
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.
QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. Some of its previous backers, including Draper Associates and Capstone Partners, joined the round. Image Credits: QuotaBook.
Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just four months after a $30 million growth round. This brings Syfe’s total raised so far to $52.4 Syfe founder Dhruv Arora.
Luxembourg, Hong Kong, Singapore and Chile. It is currently raising venture backing largely from strategic corporate investors. Competitors include Turnkey Group, Nasdaq OneReport, Enablon (which has raised $15 million) and World-favour. It’s like DocuSign, Dropbox, TurboTax or Slack hardcoded for ESG reporting.”.
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