Fast Company Tech

MARCH 3, 2025

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.

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TechCrunch

SEPTEMBER 8, 2022

The startup announced today it has raised a $14 million Series A led by Jungle Ventures with participation from eWTP Capital (a venture fund under Alibaba and Ant Financial) and ThinkZone Ventures. Edupia raises Series A to close the education gap in Vietnam by Catherine Shu originally published on TechCrunch.

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TechCrunch

SEPTEMBER 23, 2022

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

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TechCrunch

MAY 31, 2021

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.

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TechCrunch

APRIL 6, 2022

The Parentinc , a Singapore-based startup that runs a parenting community and direct-to-consumer product line, announced today it has raised $22 million. TechCrunch last covered the company in 2019 when it raised its Series C. Roshni Mahtani Cheung, group CEO and founder of The Parentinc. launch by the end of this year.

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TechCrunch

DECEMBER 22, 2020

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.

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TechCrunch

JULY 14, 2021

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 million seed round.

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TechCrunch

JULY 27, 2021

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.,

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TechCrunch

MAY 15, 2023

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.

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TechCrunch

APRIL 12, 2021

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.

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TechCrunch

MARCH 2, 2021

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.

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TechCrunch

NOVEMBER 8, 2021

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. We wanted to raise money now so we can expand market share as soon as possible, once the pandemic is under control.”. He added that COVID has changed consumer habits.

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TechCrunch

NOVEMBER 18, 2020

Part of Food Market Hub’s Series A will be used to expand into Indonesia, Thailand and Vietnam. Several other startups focused on digitizing the food supply chain in those countries have also recently raised venture capital funding, including Thailand’s FreshKet, Indonesia’s Eden Farm and TaniHub, and Singapore-based Glife.

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TechCrunch

FEBRUARY 15, 2022

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

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TechCrunch

SEPTEMBER 2, 2021

Sunday , an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Other insurtech startups in Indonesia that have recently raised funding include Lifepal , PasarPolis , Qoala and Fuse. Indonesian D2C insurance marketplace Lifepal raises $9M Series A.

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TechCrunch

APRIL 7, 2022

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

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TechCrunch

DECEMBER 13, 2021

Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

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TechCrunch

NOVEMBER 15, 2022

The Thailand-based startup created a one-click payment solution for social commerce sellers and has raised $2.5 Beam is currently focused on Thailand, with plans to expand into Southeast Asia. Thailand’s Beam simplifies checkout for social commerce by Catherine Shu originally published on TechCrunch.

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TechCrunch

NOVEMBER 9, 2020

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.

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TechCrunch

MARCH 1, 2021

The Sydney, Australia-based company announced today it has raised a $45 million AUD (about $34.8 Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines. million USD).

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TechCrunch

NOVEMBER 14, 2021

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). It is also exploring other Southeast Asian countries like Thailand and the Philippines.

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TechCrunch

SEPTEMBER 26, 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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TechCrunch

JUNE 26, 2022

The company announced today that it has raised a $70 million Series C led by Gobi Partners and SPIL Ventures, with participation from returning investor Inspire Ventures. This brings the company’s total raised so far to $109 million since it was founded in 2015. The answer is very well-documented. It’s about 8%.

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TechCrunch

DECEMBER 19, 2021

Cars24 , a startup out of India that has built an app and website for selling used cars and motorbikes, has raised $400 million: a Series G of $300 million in equity and a further $100 million in debt. It’s not the only one: a month ago, Spinny , another startup in the used-car space raised $280 million. billion, versus $1.84

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TechCrunch

SEPTEMBER 5, 2022

The Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. The new capital brings Docquity’s total raised to $57.5 Docquity was created to help doctors collaborate in the same way, at scale, even if they live in different countries.

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TechCrunch

JANUARY 29, 2023

The Bangkok-based startup announced today it has raised $850,000 in an oversubscribed seed round led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri and Sasin Bangkok Venture Club. Many insurance companies in Thailand manage their agents using a combination of Excel, Line chats and phone calls.

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TechCrunch

JULY 27, 2021

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.

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TechCrunch

MAY 15, 2023

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.

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TechCrunch

OCTOBER 20, 2020

Eat Just’s current distribution partners in Asia include SPC Samlip in South Korea, Betagro in Thailand and an as-of-yet undisclosed new partner in China, where Just Egg is already available on Alibaba’s Tmall and JD.com. Alternative protein companies have raised a whopping $1.5 Singaporean startup Karana raises $1.7

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TechCrunch

MARCH 21, 2022

Citigroup also has agreed to sell its Southeast Asia retail operations in Indonesia, Malaysia, Thailand, and Vietnam to Singapore-based United Overseas Bank for about $3.7billion in January. . billion) in total funds disbursed across more than 50,000 loans to small businesses in Singapore, Vietnam, Indonesia and Thailand.

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TechCrunch

NOVEMBER 28, 2022

Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace.

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TechCrunch

AUGUST 3, 2021

Presently , Wapi Pay works with local banks and platforms in China, Indonesia, India, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam. The company claims to be growing at 396% year-on-year since 2019 and has hopes to continue in that fashion.

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TechCrunch

JULY 11, 2022

Intellect describes this as “the largest venture round raised by any mental health company in Asia.” Founder and CEO Theodoric Chew told TechCrunch that it decided to raise an extension instead of moving onto a Series B because the company is in a strong position and making revenue.

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The Next Web

AUGUST 30, 2013

The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. A company cannot hire out of a hub city like Singapore and expect those individuals to cover Indonesia, India, Thailand, and the Philippines. See part one here. Hire the right people – local and entrepreneurial.

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Asia Build Thailand Indonesia 129

Nonprofit Tech for Good

SEPTEMBER 16, 2015

88% of dollars raised comes from 12% of an organization’s donors. 53% of Asia Pacific citizens donate to charity, with those in Thailand (71%) more likely to do so and those in Japan the least likely (16%). For every 1,000 website visitors, a nonprofit raises $612. S ource: Abila. Source: Blackbaud. Source: Boomerang.

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TechCrunch

APRIL 13, 2021

It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam. According to Crunchbase , the company has raised over $10 billion, including from SoftBank’s Vision Fund. In order to go public, Grab has chosen to merge with a SPAC named Altimeter Growth Corp.

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TechCrunch

MARCH 29, 2022

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.

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