Funding Rounds
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SoftBank to invest US$44 million funding in South Korean ride-sharing startup SoCar
SoCar plans to invest its proceedings in R&D to offer better mobility services through its platform.
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Indonesia’s Akulaku raises US$100 million Series D from Alibaba’s Ant Financial, others
The new funding will see Akulaku deepen its ties with Alibaba’s assets in Southeast Asia.
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Singapore startup Pixibo secures follow-on funding from Indonesian investors
Pixibo plans to use the additional funding capital to do retail personalization space and expand its service into the footwear category.
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Vietnam’s fitness platform WeFit.vn to raise US$1 million from CyberAgents, others
Vietnam gym class app raises US$1 million funding for new product development and to expand into new markets.
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Online Investment Startup Ajaib secures US$2.1 million from SoftBank
Ajaib will launch this weekend after four months of testing.
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Indonesia’s gadget portal Pricebook raises funding capital from Mirai Creation Fund II
Pricebook plans to use the fresh funding to further accelerate O2O Integration of its 1000+ offline sellers through its website and social media channels.
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Vietnam’s Luxstay, an Airbnb-like startup secures US$3 million bridge round
Luxstay’s US$3 million bridge round received investments from CyberAgent Ventures, Y1 Ventures, and several other investors.
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Singapore’s EuroSports raises US$1.5 million to accelerate development of electric motorcycle EST-X model
The funds were provided by its parent company EuroSports Global (ESG), in addition to a commitment of an additional US$3 million if conditions are meet.
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Malaysia’s fresh food e-tailer Fresh at Heart raises US$275K via Ata Plus
The startup plans to use the funding capital to expand its offline presence in urban areas and increase marketing efforts.
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Rebranded GreatDay HR, Indonesian Human Resource Platform raises US$2.5 million in pre-Series A funding round
GreatDay HR was previously known as SunFish Go, which was launched by DataOn (PT. Indodev Niaga Internet) in 1999.
