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Una Brands , the e-commerce aggregator focused on Asia-Pacific brands, announced today it has raised $15 million for its Series A. The startup has not disclosed the ratio of debt and equity (like many other e-commerce aggregators, Una uses debt funding to buy brands because it is non-dilutive).
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
Homebase , a Ho Chi Minh City-based proptech startup that helps people buy homes, announced today it has raised $30 million in equity and debt (the ratio was undisclosed). co, one of the largest property portals in Singapore and Indonesia. YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam.
The concept has sifted through those shores to Latin America and Asia, where companies like Una Brands and Valoreo have raised significant investment to acquire and build these brands. While Opontia does not disclose the ratio of equity and debt, it confirmed that the majority was debt which will be used to make acquisitions.
Just this past year alone, the company has raised $275 million from investors , including Baillie Gifford, the 112-year-old Scottish asset management firm that is the second-biggest shareholder in Tesla after Elon Musk. Lilium denies it was seeking to raise that much money, citing lower labor costs in Germany.
The company announced today it has raised $12 million in Series A funding led by Jungle Ventures, with participation from Tiger Global and returning investors like Bling Capital. This brings inFeedo’s total raised since the U.S.-headquartered Quan raises $1.15M from YC to tackle post-pandemic employee burnout.
As for where, Volocopter has conducted flight tests in Singapore, Helsinki, Dubai, and its headquarters in Bruchsal, Germany — so most likely in one of those cities. Last year, the company raised €50 million ($55.3 Tickets cost €300 ($355) and can be reserved with a 10 percent deposit.
Previously, LeadIQ raised around $12 million , though the company told TechCrunch that it had only spent $6 million of that total, despite reaching eight-figure ARR (the $10 million threshold). Why raise more capital if it didn’t need the funds? Notably LeadIQ has two main hubs, one in the United States and one in Singapore.
Una announced today that it has raised a $40 million equity and debt round. Una did not disclose the ratio of equity and debt in the round. Like many other e-commerce aggregators, including Thrasio, Una raised debt financing to buy brands because it is non-dilutive.
The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds. Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. ACV recently hired Helen Wong as managing partner.
The startup announced today it has raised $3.8 With that in mind, Indonesia has one of the lowest credit to GDP ratios in the region, signifying that there is a lot of economic value potential that can be unlocked. That is low copared to Malaysia and Singapore, which are at 30% or higher.
Kredivo is operated by Singapore-based fintech FinAccel. This is the largest loan facility it has raised so far, and is VPC’s biggeast debt commitment to a fintech company outside of the United States and Europe, as well as its only investment in Southeast Asia. Kredivo raises $30M to build a digital credit card for Southeast Asia.
JustKitchen currently operates its “hub and spoke” model in Taiwan, with plans to expand four other Asian markets, including Hong Kong and Singapore, and the United States this year. Spoke kitchens are smaller than hubs, closer to customers, and the goal is to have a high revenue to square footage ratio.
The company intends to roll its robotaxi service outside of mainland China, to Singapore and the Middle East, and already has acquired a license to test its autonomous vehicles in Hong Kong. Who Gives a Crap , Australias well-known sustainable toilet paper brand, expanded to the U.S. To date, they have donated around $12.5
The Singapore-based edtech platform announced today that it has raised $7.5 Creative Galileo’s new funding brings the company’s total raised so far to $10 million, including a pre-Series A round of $2.5 After moving to Singapore, she realized that the curriculum being taught across Southeast Asia was also missing the mark.
The board named its members in May, raising hopes that it would be hearing cases by now. Singapore is rolling out facial verification as part of a new national ID system — the first country in the world to do so. But in July, the board said it would not be operational before the election. Jennifer Elias / CNBC).
ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a larger global footprint and burgeoning games business, estimated Ke Yan , Singapore-based analyst with DZT Research.
The question raised by the Journal is, when that happens, how closely their bosses will listen to them. Ultimately, despite its efforts so far, Facebook continues to unwittingly recruit followers for bad actors , who use it to spread hate speech and misinformation detrimental to the public health. And it will be all over Twitter.
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