Tech and Internet

November 26, 2020

The corporate venture arm of state-owned Telkom Indonesia, MDI Ventures has partnered with fintech-focused VC firm Finch Capital to launch a new early-stage investment fund name Arise according to press statement. According to the statement, Arise fund will be run under a joint venture by the two founding firms and will aim to invest in […]

November 26, 2020

Philippine-based proptech startup AQWIRE has announced it has raised US$2.1 million in a Series A round of funding in a press release. The round of financing was led by Spiral Ventures. Other participating investors include Singapore-based Gentree, PropertyGuru’s original investor Vulpes, Hong Kong’s Betatron Venture, and Steve Melhuish, Co-founder of PropertyGuru. The newly acquired capital […]

November 24, 2020

Philippines-based IP E-Game Ventures’ subsidiary New Wave has signed announced it has signed an agreement with Malaysia’s boutique investment firm Emissary Capital to launch a US$50-million fund to invest in ASEAN startups in a press statement. The fund which has been dubbed Emissary Capital Growth Fund 1 aims to strengthen collaboration between startups in the […]

November 24, 2020

The Chinese Uber for trucks Manbang announced that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG. The latest financing again attracted high-profile backers, including returning investors SoftBank Vision Fund and Sequoia Capital China, Permira and Fidelity, a consortium that […]

November 23, 2020

The company announced a $2.1 million seed investment led by Amplify Partners and Neo. While it was at it, the startup also announced the first commercial version of the product, Serenade Pro. “Serenade is an app that you’ll download onto your computer. It will plug into your existing editors like Visual Studio Code or IntelliJ, and then […]

November 20, 2020

AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with ‘AI-powered’ tutors. It’s now raised a $5 million Series A round led by Genesis Investments, with participation from TMT Investments, TerraVC, and existing investors Flashpoint and Misha Lyalin. The Ukraine-based startup will […]

November 20, 2020

Bringing the buy-now pay-later model that transformed companies like Klarna and Affirm into billion-dollar businesses to small businesses across the U.S. has netted the payment and lending company Credit Key another $33.85 million in funding. The Los Angeles-based company raised its latest cash from Greycroft, Bonfire Ventures, Loeb.nyc and other, undisclosed, investors, the company said. […]

November 19, 2020

The Austin-based public-benefit corporation raised $55 million led by Alex Lazarow of Cathay Innovation, which will be used to continue growing the company and expand its services. The company hit more than 150 employees (who are operating remotely today), and is looking to add 100 or more in the next year. What’s driving the company’s […]

November 19, 2020

Exchange operator Nasdaq Inc disclosed it has acquired anti-financial crime software firm Verafin for $2.75 billion in cash, significantly expanding its reach in the regulatory technology market. Verafin, founded in 2003, provides more than 2,000 financial institutions in North America a cloud-based platform to help detect, investigate, and report money laundering and financial fraud. Nasdaq […]

November 19, 2020

Quintype, a content management software startup based in Bengaluru, India, announced it has received US$3.4 million in Series A financing. The round was led by IIFL AMC, a subsidiary of Indian wealth management firm IIFL Wealth Management. The proceeds from this round will be utilized for expansion into Southeast Asia, beginning with Singapore. According to […]

Category: Tech and Internet

Finch Capital and MDI Ventures launch a US$40m pre-Series A fund

AQWIRE raises US$2.1M in Series A

Emissary Capital to launch US$50M fund for ASEAN startups

Manbang raises $1.7b funding round

Serenade snags US$2.1M seed round

AllRight secures US$5M Series A

Credit Key raises US$33m in funding

ZenBusiness snags US$55M Series B

Nasdaq buys Verafin for $2.75b

Quintype bags US$3.4M Series A financing

Evergrande Property's Hong Kong IPO raises $1.8b

Sycamore unit to acquire Ann Taylor, Loft, others for US$540m

BRI Ventures's Sembrani Nusantara rounds up first close at US$10M

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