Accelerators & Incubators
Policy & Regulation
Singapore’s Xen Technologies hits over US$100M assets through its investment platform
Xen Technologues hits over US$100M through its investment platform.
6 hours ago
Vietnam’s food processor Nafoods raises $5m senior loan from Finnfund
The loan facility, with a six-year term, will be used to build a new value-added products processing facility at Nafoods’ Long An-based factory.
6 hours ago
‘China’s Palantir’ MiningLamp raises US$300 million in funding round co-led by Temasek, Tencent
Founded in 2014, MiningLamp gained initial success by offering online ad performance evaluations and fraud detection services for advertisers.
Singapore’s beleaguered startup Honestbee loses court protection from creditors
Between August 2019 and now, Honestbee has shut down the bulk of its delivery operations as well as Habitat
Vickers Venture Partners
Singapore’s Vickers Venture Partners raises $200m for $500m Fund VI
Vickers Venture Partners, a Singapore-based venture capital (VC) firm, has raised $200 million for its $500 million sixth fund to invest in deep tech startups in Asia and globally.
Chinese biopharma firm Abbisko closes $70m Series C round led by Temasek
The new funding will allow the company to “rapidly advance our clinical programmes and continue to move forward the portfolio of novel cancer therapies in the discovery and early development stages.
Singapore VC firm Expara to invest in startups combating Covid-19
Interested startups may apply until April 30 this year.
Singapore-based UNL raises USD 2 million to create smart addresses
The firm wants to build a universal addressing system that can uniquely identify locations globally.
Singapore waste management firm Blue Planet raises $25m from Nomura
The proceeds will help Blue Planet further develop its technology-driven waste management solutions.
gojek’s senior management donates 25 per cent of annual salary to pandemic affected partners
The capital in the support fund will come from 25 per cent of the senior management and co- CEOs’ annual salary
Grab launches grocery service GrabMart in Vietnam
GrabMart allows users in the southern city to order fresh and processed food and drinks from its merchant partners, including supermarkets, convenience stores and food retailers.
Elite Partners Capital
SG-based Elite Partners makes first close of $236m logistics fund
Singapore-based private equity firm Elite Partners Capital has announced the first close of its pure-play Elite Logistics Fund.
SG cybersecurity firm Horangi raises $20m Series B led by Provident Growth
Horangi will use the fresh funding to expand its operations across Southeast Asia.
SG state investor Temasek’s biggest shareholdings fall $23.5b in three months
Temasek Holdings Pte’s biggest equity shareholdings and those of its subsidiaries have plunged almost $24 billion since January as the spreading coronavirus sends markets into spasms.
Curefit Bags $110 Mn From Temasek, Accel Partners and Others
Curefit started its grocery and healthy food delivery service Whole.Fit last month.
SG developer City Developments leads funding in London AI startup Pupil
The company captures and publishes 3D spatial data to accurately measure the build world through its patent-pending digital twin technology, Spec.
Social commerce platform Chilibeli bags USD 10 million Series A round
Chilibeli will use its fresh funds to feed the growth of its network of users, particularly in Greater Jakarta.
SoftBank-backed Grofers raises $5.8 mn from Singapore parent
The startup issued 330 equity shares, each at a rate of Rs 13,05,293, totalling the value of the investment to about Rs 43.07 crore or $5.8 million.
Indonesian edtech startup Pahamify scores Y Combinator funding
The fresh funds will be used to add new learning materials for junior high students and teachers to the platform.
Thai Life seeks bank pitches for $700m IPO plan
Thai Life Insurance Pcl has requested pitches from banks for an initial public offering that could raise as much as $700 million on the stock exchange of Southeast Asia.
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