Mesh Bio, a Singapore-based health deep tech startup transforming chronic disease management through predictive analytics, announced today that it has raised US$3.5 million in Series A financing led by East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia. This round of investment is also...
Elice Inc., South Korea’s upcoming AI-powered educational platform company, has raised a ₩20 billion (approximately US$14.9 million) Series C round, led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, and include Altos Ventures. The newly acquired funds will strengthen their organisational capabilities and fuel expansion into...
AC Ventures (ACV), headquartered in Indonesia, has announced the successful final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), amounting to US$210 million, including co-investment funds. Against the backdrop of Indonesia's thriving macroeconomic environment and the digital economy, projected to soar from US$82 billion in...
Bitsmedia, the creator of the widely popular Muslim lifestyle app, Muslim Pro, has secured US$20 million in its Series A funding round. This funding round saw participation from Asia-focused venture capital firm, Gobi Partners, alongside continued support from existing investors - CMIA Capital Partners, and Bintang Capital Partners. The newly...
Qarbotech, a leading Malaysia-based agritech startup, has raised US$700,000 (RM3.27 million in seed funding and grants. The round was led by multi-stage venture capital firm, 500 Global, and includes innovation grants from the Temasek Foundation for winning the Climate Impact Innovations Challenge 2023, and Khazanah Nasional’s Dana Impak for...
Gravel, Indonesia's premier construction technology company, has raised a total of US$14 million from prominent investors including New Enterprise Associates (NEA), Weili Dai (Co-Founder Marvell Technology Group), Lip-Bu Tan (Executive Chairman of Cadence Design System and Chairman of Walden International), SMDV, East Ventures, and other strategic backers. This substantial...
The National Innovation Agency (NIA), in collaboration with the Ministry of Higher Education, Science, Research, and Innovation, joins forces with the Digital Economy Promotion Agency (depa), Thai Venture Capital Association (TVCA), and Beacon Venture Capital to host a groundbreaking event. "NIA x depa VC NIGHT" aims to bolster the investor...
  Visa, a world leader in digital payments, today announced its partnership with United Overseas Bank Limited (UOB) and Singapore-based Fintech, Doxa to facilitate quicker and seamless payments for contractors, via deep-tier financing. This collaboration is the first-of-its-kind use case in the Asia Pacific and will help contractors gain faster access...
  Singapore-based healthcare and lifestyle company, Perfect Nature, has achieved a significant milestone by securing S$1 million in seed funding for its subsidiary brand, Snuugo. Snuugo is the pioneering smart wearable breast pump, designed and manufactured locally, aiming to redefine the breastfeeding experience for mothers by integrating technology for comfort, practicality,...
YouTrip, the premier multi-currency digital payments platform in Southeast Asia, has announced the completion of its latest Series B funding round, securing US$50 million. This investment, led by renowned global venture capital firm Lightspeed, propels YouTrip's total funds raised to over US$100 million since its inception. The newly acquired capital...
Employment Hero, one of the world's leading employment management platforms, announced today a Series F growth round of RM794 million* to fuel its rapid global expansion. This funding* (subject to Foreign Investment Review Board approval) follows the company's 2022 Series E, bringing the total capital raised to over RM1.98 billion....
Kiddocare, Malaysia's trailblazing on-demand caregiving platform, is excited to announce the successful completion of its Pre-Series A funding round. This round saw strategic investments from prominent investors, led by Artem Ventures, with participation from Gobi Partners, MSW Ventures Asia Fund X, and ScaleUp Malaysia. Gobi Partners' involvement through the Khazanah...

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