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Japanese construction tech Aldagram nails down backing from Panasonic

TechCrunch

The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. The investment comes in the wake of a bigger round that the startup raised in the summer of 2022, a $20 million Series A from MonotaRo and JAFCO.

Tech 97
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How to raise money for your startup from VCs and investors in Asia

The Next Web

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. The process of raising money in Asia is very different from raising money in Silicon Valley and, frankly, it’s not nearly as easy.

Asia 132
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Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina

TechCrunch

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. learned from China’s tech giants.

Indonesia 105
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Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors

TechCrunch

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.

Singapore 100
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Jenfi raises more funding for its “growth capital as a service” platform

TechCrunch

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.

Service 96
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EV-maker BYD seeks to raise $5.2 billion with share sale

Fast Company Tech

Chinese electric vehicle maker BYD has launched a sale of its Hong Kong shares to raise up to $5.2 The deal adds to a sharp pickup this year in share offering momentum in Hong Kong, the preferred destination for Chinese companies looking to raise offshore capital, as investors bet on a possible recovery in China’s economic growth.

Share 71
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Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation

TechCrunch

With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. Based in Hong Kong, Coherent helps insurance providers go digital. Coherent will focus on China and emerging markets in Asia.

Asia 115