Hi SEA fans,
Last two weeks, in the news:
š Coliving startup Cove takes over management of 168-unit flagship building Lumiere
ā” SMRT to develop EV services in Singapore with Dishangtie (China)
š Line Bank enters Indonesia
Just funded šø
š¹š Logistics startupĀ Flash ExpressĀ has raised a US$150m Series D & E fromĀ SCB 10X, Blockchain Founders Fund, Bu'er Capital, Chanwanich Group, Durbell, eWTP Capital, Krungsri Finnovate, PTT Oil and Retail BusinessĀ -Ā Tech in Asia
šøš¬ Fintech startupĀ MatchmoveĀ has raised a US$100m Growth round fromĀ Nityo InfotechĀ -Ā Fintech News
š®š© Bookkeeping startupĀ BukuWarungĀ has raised a US$60m Series A fromĀ Valar Ventures, Goodwater Capital, Aldi Haryopratomo, Victor JacobssonĀ -Ā TechCrunch
šøš¬ D2C dental startupĀ ZenyumĀ has raised a US$40m Series B fromĀ L Catterton, Sequoia Capital India, RTP Global, Partech, TNB Aura, SEEDS Capital, Febe VenturesĀ -Ā TechCrunch
šøš¬ E-commerce startupĀ IntrepidĀ has raised a US$11m Series B fromĀ Mirabaud Asset Management, Philian AB, Thakral Lifestyle, Spinnaker Ventures, Sun SEA Capital, Vulpes Investment Management, TKOF LimitedĀ -Ā Deal Street Asia
šøš¬ Social Commerce startupĀ RaenaĀ has raised a US$9m Series A fromĀ Alpha Wave Incubation, Alpha JWC Ventures, AC Ventures, Beenext, Beenos , StriveĀ -Ā TechCrunch
š®š© Fintech startupĀ AmarthaĀ has raised a US$7.5m financing round fromĀ NorfundĀ -Ā Norfund
šøš¬ Fintech startupĀ BondevalueĀ has raised a US$6m Series A fromĀ Citigroup, MassMutual Ventures, Octava Family Office, Potato ProductionsĀ -Ā Fintech News
š®š© Earned Wage Access startupĀ WagelyĀ has raised a US$5.6m financing round fromĀ Integra Partners, 1982 Ventures, ADB Ventures, Global Founders Capital, Trihill Capital, Triputra Group, Willy DharmaĀ -Ā TechCrunch
š²š¾ Healthtech startupĀ NaluriĀ has raised a US$5m Series A fromĀ Integra Partners, BioMark, Duopharma Biotech Berhad, INP Capital, M Venture Partners, Palm Drive Capital, RHL Ventures, Sumitomo Corporation Equity AsiaĀ -Ā MobiHealthNews
šøš¬ DeFi startupĀ Pontem NetworkĀ has raised a US$4.5m Seed fromĀ Mechanism Capital, Kenetic Capital, Alameda Ventures, Altonomy, Animoca Brands, AU21 Capital, AVA Labs, CMS Holdings, Delphi Ventures, Genesis Block Ventures, Global Blockchain Innovative Capital, Momentum6, Morningstar Ventures, NGC Ventures, Spartan Capital Securities, TaureonĀ -Ā Yahoo Finance
šøš¬ NFT startupĀ Chronicle.ioĀ has raised a US$3.2m financing round fromĀ 4 Seasons Ventures, AU21 Capital, Aussie Capital, Bella, Blocksync Ventures, DAO Maker, Genesis Block Ventures, GravityX Capital, Magnus Capital, Moonwhale, Pluto Digital Assets, Three M Capital, Twin Apex Capital, VYSYN VENTURES, X21 DigitalĀ -Ā Cheddar.com
š®š© Healthtech startupĀ PrixaĀ has raised a US$3m financing round fromĀ MDI Ventures, Siloam International Hospitals, Trans-Pacific Technology FundĀ -Ā TechCrunch
šøš¬ Supply Chain startupĀ Stemly.aiĀ has raised a US$2.5m Pre-Series A fromĀ EDB New Ventures, Elev8.VC, ING VenturesĀ -Ā The Business Times
šøš¬ Foodtech startupĀ Float FoodsĀ has raised a US$1.66m Seed fromĀ Insignia Venture Partners, DSG Consumer Partners, Agrocorp International, Apricot Capital, Baksh Capital, Ebb & Flow, Innovate 360, Teja Ventures, Water Tiger InvestmentsĀ -Ā Tech in Asia
šøš¬ Restaurant Management startupĀ Deelish BrandsĀ has raised a US$1.13m Pre-Series A fromĀ Calibre VenturesĀ -Ā Taiwan News
šøš¬ Autonomous vehicle startupĀ MooVitaĀ has raised a Series A fromĀ SMRT Corporation, Yinson HoldingsĀ -Ā The Edge Markets
šµš Livestream startupĀ KumuĀ has raised a Series B fromĀ SIG, Openspace Ventures, Summit Media, Kickstart Ventures, Foxmont Capital Partners, Gobi Ventures, Gentree Fund, Endeavor CatalystĀ -Ā e27
š¹š Car maintenance startupĀ AutopairĀ has raised a Pre-Series A fromĀ Summit Auto Body IndustryĀ -Ā Tech in Asia
š®š© Edtech startupĀ GoKampusĀ has raised a Pre-Series A fromĀ Sovereign's Capital, Salt Ventures, Azure VenturesĀ -Ā Entrepreneur
šøš¬ Data Center startupĀ Red Dot AnalyticsĀ has raised a Seed fromĀ Avior Capital, GSR Ventures, IMO VenturesĀ -Ā Data Center News
š®š© Smart City platform startupĀ QlueĀ has raised a financing round fromĀ KDDI Ventures Program, Asli RI, Telkomsel Mitra InovasiĀ -Ā TechCrunch
š®š© Healthtech startupĀ AlodokterĀ has raised a financing round fromĀ MDI Ventures, Samsung Venture InvestmentĀ -Ā TechNode Global
Startups and downs š
šøš¬ Coliving startup Cove takes over management and lease for 168-unit flagship coliving building Lumiere -Ā Edge Prop
šøš¬ Fintech Nium has acquired B2B payments startup Ixaris (UK) -Ā Nium
šµš Former Gojek growh exec Crystal Widjaja has joined livestreaming startup Kumu as CPO -Ā MARKETECH APAC
šøš¬ Former CFO of Razer Edwin Chan has been appointed CFO of C2C marketplace Carousell -Ā Tech in Asia
š®š© Interview of Jeth Soetoyo, founder of crypto startups Pintu and Rupiah Token -Ā Indo Tekno
šµš Neobank Tonik has received a digital bank license -Ā Tonik Bank
š®š© Hotel management startup RedDoorz has launched a midscale hotel brand -Ā LinkedIn
šøš¬ Car marketplace Carro has launched Showroom Anywhere, turning malls and parking lots into flexible showrooms -Ā Tech in Asia
The Unicorn Belt š¦
š Grab's SPAC merger has been postponed to Q4, as the company finalizes financial audit procedures -Ā SEC
š®š© Former CFO of OneConnect Jacky Lo has been appointed CFO of GoTo -Ā The Business Times
Venture Capitalists š¢
š iGlobePartners has reached the final close of its US$100m iGlobe Platinum Fund III -Ā Tech in Asia
š Heritas Capital has announced the first close of its US$60m Growth Fund III -Ā Heritas Capital Management
šøš¬ Good Startup has raised US$25m for the first closing of its protein fund -Ā The Business Times
š Exit paths in SEA & India, workshop by Vertex -Ā YouTube
š®š© Interview of Adrian Li, founder of AC Ventures, on the state of the Indonesian tech ecosystem -Ā Indo Tekno
Corporates šØāš¼
šøš¬ SMRT has partnered with EV logistics platform Dishangtie (China) to bring EV services to Singapore under a JV -Ā The Straits Times
š®š© Line has partnered with Bank KEB Hana Indonesia to offer digital banking services in Indonesia -Ā KrASIA
š Alibaba Cloud plans to invest US$1b in cloud infrastructure in APAC over the next 3 years, after the launch of its third Indonesian datacenter -Ā Yahoo Finance
š Is Facebook Discover the new Free Basics? -Ā Rest of World
šøš¬ Over 300 companies have applied for a crypto currency services and exchange license in Singapore to date -Ā Vulcan Post
šøš¬ Crypto trading companies Futu and Tiger Brokers (China) are applying for licenses in Singapore and the US to allow local customers to trade digital currencies -Ā CNBC
šøš¬ Former SAP and Microsoft Exec Christopher Bousigues has been appointed Country Manager for Tesla in Singapore -Ā LinkedIn
š¹š Foodpanda has signed a 1 year partnership with e-sports team Bacon Time -Ā HardwareZone
Smart Nations šļø
šøš¬ NUS ranked 3rd among Asian universities, NTU 5th, per Times Higher Education -Ā The Straits Times
š¹š The Thai gov't has approved a draft regulation to allow the use of personal cars for ridehailing via apps -Ā The Bangkok Post
Food for thought š
š Chinese vs SEA fintech, interview of Paul Schulte -Ā Insignia Business Review
š Overview of the top e-commerce players in Indonesia. Indonesia online marketplace GMV doubled in 2020 to US$40b -Ā The Low Down Momentum
š The 3 models for first mile logistics in SEA -Ā Insignia Business Review
The Fountainhead ā²
šØš³ TikTok is still the world's most popular entertainment app with 80m downloads in May -Ā ABS-CBN News
šØš³ WHO has approved Sinovac -Ā the Guardian
Also š¤«
šØš³ Cooler than Marina Bay Sands -Ā Douyin