Series A
AdAsia Holdings raises additional US$2.5mil
Singapore-headquartered startup finalises Series A funding at US$14.5 million.
East Ventures announces US$30mil fund for SEA startups focusing on Indonesia
Fund is aimed at seed to Series A technology startups.
Element AI raises US$102mil; to open SEA hub in Singapore in 2H 2017
Funding to create new jobs, accelerate enterprise AI adoption and create the world’s most powerful AI platform.
Gobi Partners exit Malaysian beauty e-commerce site Hermo with 91% IRR
Stake sold after 2 years to listed Japanese design company, istyle
Initial discussions focused on follow-on investment but acquisition made more sense
Australian rocket startup nets US$3.7mil in Series A funding
Funds will be used to develop and launch their low-cost rockets for the small payload market.
Indonesian health info startup Alodokter raises US$2.5mil Series A
Alodokter said it has closed its Series A funding in a round led by Singapore-based Golden Gate Ventures, with participation from 500 Startups and Singaporean angel investor Lim Dershing.
Compliance a big part of Funding Societies’ US$7.4mil Series A
Singapore-based Funding Societies, which has secured US$7.4 million in Series A funding, will be using part of the additional funding to meet with regulatory requirements in the three markets it currently operates in.
Indonesian events management and analytics firm Loket secures Series A funding
Full-service events management technology, ticketing, and analytics company Loket has announced a Series A funding round, an undisclosed amount, led by US-based Sovereign’s Capital, with participation by local venture capital firm East Ventures.
Singapore’s Sense Infosys secures US$1.5mil Series A funding
Maritime and security data analytics startup Sense Infosys has closed a Series A round of strategic investment of S$2 million (US$1.5 million) from Jason Venture Pte Ltd and Cap Vista Pte Ltd.
Fintech startup Saving Plus rebrands to Jirnexu, raises US$3mil Series A
KL-based fintech startup Saving Plus has rebranded to Jirnexu and has secured US$3 million in Series A funding. Lum Ka Kay speaks to its CEO Siew Yuen Tuck to find out more.
