Funding Rounds
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Gree Ventures raises US$67 million for its latest, oversubscribed fund
The venture capital firm’s second fund – AT-II Investment Limited Partnership Fund – will target not more than 30 investments across Japan, Southeast Asia, and India.
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Vertex Ventures back foot traffic analytics Dor in US$3.8 million seed round to boost its foot traffic sensor tech
Dor, a provider of a foot traffic counting and analytics solution, recently raised US$3.8 million from Zetta Venture Partners and Vertex Ventures.
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Indonesian Q&A platform – Infonesia closes seed round from 500 Startups
Infonesia is a Q&A app that models after Ask.fm and Quora, it offers a social network platform which allows users to ask and answer questions.
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Singapore fintech startup 4xLabs raises US$1.5 million in funding from Dymon Asia, OSK Ventures
4xLabs provides Biz4x that helps money changers improve their topline by helping them acquire new business, optimize price setting, and scale their business.
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Indonesian laundry service provider Ahlijasa raises seed funding to expand in Greater Jakarta
Ahlijasa will use the capital to expand its on-demand laundry services within the Greater Jakarta area, before moving into other cities.
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RICE Media receives six-digit seed funding to grow brand across Southeast Asia
RICE Media publishes contents which are centered on cultural journalism with an Asia focus.
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Myanmar’s Food2U secures six-digit funding from locales to expand operations
The startup will use the capital to forge partnerships with more restaurants and expand to the city of Mandalay.
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P2P lending platform Taralite raises US$6.3 million from Japan’s SBI Group
Taralite started out as a loan platform for personal life events such as weddings and Haji pilgrimage, but it now focuses on providing working capital for small businesses.
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Mekong Capital completes investment in Vietnamese logistics firm Nhat Tin
The value of Mekong Capital’s investment is not disclosed, but the fund typically focuses on investments ranging around US$6 million to US$15 million for a minority stake.
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Media Prima Labs partners 1337 Ventures in Alpha Startup program to fund game developers in Southeast Asia
Alpha Startups: Game Edition aims to transform game developers to entrepreneurs, providing them with the necessary business and marketing skills to propel their products.
