Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and investors hunting down high-growth startups in the space. More than 600 crypto or blockchain companies are now headquartered in Southeast Asia,...
Temasek
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Google-backed DotPe, which helps businesses in India go online and sell digitally, is in advanced stages of talks to raise about $50 million in a new financing round, a source familiar with the matter told TechCrunch. Temasek, the Singapore state-owned investment firm, is finalizing deliberations...
The problem with waiting for quantum computing to bring in the next wave of AI is that it’s likely to arrive a lot slower than people would like. The next best options include increasing the speed of existing computers somehow – but there’s now an important added ijmperative: power-efficient...
Ecosystem Roundup: Temasek buys stake in Grab, Bolttech buys Ava, Sony Ventures launches US$217M Fund III
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bolttech Group CEO Bob Schimek Temasek buys stake in Grab, Robinhood Markets Temasek also invested in fashion e-commerce platform Rent the Runway, restaurant payment company Toast, and sports betting firm DraftKings; At the same time, the fund sold all its shares in Uber, Coinbase and Tencent...
Next Gen Foods, a plant-based food company in Singapore, has raised a US$100 million Series A funding round. Investors in the round include Alpha JWC, EDBI, and MPL Ventures (UK). Returning investors, including Temasek (through its newly established Asia Sustainable Food Platform), GGV Capital, K3...
Ecosystem Roundup: SPACs favour Singapore, Astro bags US$27M Series A, CoLearn closes Series A at US$27M
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Eden Farm founders State-backed Penjana on track to close fund at US$285M in Q1 2022 Set up in July 2020 as part of the country’s national COVID economic relief strategy, the programme has already raised US$238M as of end-2021; Penjana will match US$142.8M of the capital raised by venture fund...
PortalOne raises $60M as it levels up to launch of its hybrid, immersive gaming platform later this year
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Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. Now, a gaming startup that’s building a new kind of platform that it thinks will be a — wait for it — game changer in the category is announcing some funding as to ride that wave of...
Ecosystem Roundup: Is decentralisation the panacea for everything?; Moladin closes US$42M Series A
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Used cars platform Moladin closes US$42M Series A round Lead investors are Northstar Group and Sequoia India; Started in 2017 as a motorcycle platform, Moladin pivoted to a used cars marketplace in mid-2021; It operates as a social commerce firm leveraging agents to sell used cars to end...
Ecosystem Roundup: Is decentralisation the panacea for everything?; Moladin closes US$42M Series A
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Used cars platform Moladin closes US$42M Series A round Lead investors are Northstar Group and Sequoia India; Started in 2017 as a motorcycle platform, Moladin pivoted to a used cars marketplace in mid-2021; It operates as a social commerce firm leveraging agents to sell used cars to end...
Temasek unit Heliconia leads digital container haulage platform Haulio’s US$7M Series A round
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Singapore-headquartered digital container haulage platform Haulio has secured US$7 million in a Series A funding round led by Temasek unit Heliconia Capital. New investors that joined the round are Ondine Capital (China), Cornerstone Ventures (Taiwan), FuturePlay (South Korea), Newtown Partners...
Temasek unit Heliconia leads digital container haulage platform Haulio’s US$7M Series A round
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Singapore-headquartered digital container haulage platform Haulio has secured US$7 million in a Series A funding round led by Temasek unit Heliconia Capital. New investors that joined the round are Ondine Capital (China), Cornerstone Ventures (Taiwan), FuturePlay (South Korea), Newtown Partners...
KoinWorks secures US$108M Series C led by MDI Ventures to hire 400 new employees Other backers include Quona Capital, Triodos Investment, Saison Capital, AC Ventures, and East Ventures; The KoinWorks platform features a marketplace of integrated apps, such as accounting software, POS, e-commerce,...
KoinWorks secures US$108M Series C led by MDI Ventures to hire 400 new employees Other backers include Quona Capital, Triodos Investment, Saison Capital, AC Ventures, and East Ventures; The KoinWorks platform features a marketplace of integrated apps, such as accounting software, POS, e-commerce,...
KoinWorks secures US$108M Series C led by MDI Ventures to hire 400 new employees Other backers include Quona Capital, Triodos Investment, Saison Capital, AC Ventures, and East Ventures; The KoinWorks platform features a marketplace of integrated apps, such as accounting software, POS, e-commerce,...
eFishery rakes in US$90M Series C co-led by Temasek, SoftBank unit to expand to China, India
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eFishery, a digital cooperative for fish and shrimp farmers in Indonesia, has completed a US$90 million Series C round of financing, co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India. Its existing investors Northstar Group, Go-Ventures, Aqua-Spark, and Wavemaker Partners also...
eFishery rakes in US$90M Series C co-led by Temasek, SoftBank unit to expand to China, India
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eFishery, a digital cooperative for fish and shrimp farmers in Indonesia, has completed a US$90 million Series C round of financing, co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India. Its existing investors Northstar Group, Go-Ventures, Aqua-Spark, and Wavemaker Partners also...
eFishery rakes in US$90M Series C co-led by Temasek, SoftBank unit to expand to China, India
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eFishery, a digital cooperative for fish and shrimp farmers in Indonesia, has completed a US$90 million Series C round of financing, co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India. Its existing investors Northstar Group, Go-Ventures, Aqua-Spark, and Wavemaker Partners also...
Meat has been part of the human diet since before we found fire, but it’s becoming increasingly apparent that the production of meat at scale is more of a detriment to the environment and the world than a benefit. Across cultures and geographies, animals have been such a vital part of the food...
Qatar sovereign fund, SeaTown join Carsome’s US$290M Series E round; valuation rises to US$1.7B
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(L-R) Carsome co-founders Eric Cheng and Jiun Ee Teoh Malaysia’s car e-commerce unicorn Carsome has secured US$290 million in a Series E financing round, bringing its valuation to approximately US$1.7 billion. The round was co-led by Qatar Investment Authority (a sovereign wealth fund of...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
Anfin, a stock trading app for retail investors based in Vietnam, has raised US$1.2 million in a seed funding round from investors, including Global Founders Capital (GFC) and First Check Ventures. New investors, including the US-based The Goodwater Capital, also participated. According to the...
SpeQtral closes US$8.3M round to deliver tamper-proof, computationally uncrackable encryption keys
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SpeQtral co-founder and CEO Lum Chune Yang SpeQtral, a provider of quantum-secure communication systems, has closed an US$8.3 million financing round led by Xora Innovation, an early-stage deep science investment platform of Temasek. The funds will be used to expand the startup’s regional and...
Robert Downey Singapore-based RWDC Industries, which develops a biodegradable alternative to plastic, has closed a US$95.1 million Series B2 funding round co-led by Vickers Venture Partners and Temasek. CPV/CAP Pensionskasse Coop (Switzerland), Optimas Global Healthcare Fund (Hong Kong), and...