Investment
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Anthem Asia raises US$40 to US$50 million for Myanmar SME Venture Fund
International Finance Corporation, the investment arm of World Bank is also considering an investment of up to US$15 million in the fund.
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An Phat Holdings receives US$15.6 million investment from Valuesystem
This is the first oversea investment for Valuesystem.
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PE Firm Creador to invest one-fifth of upcoming US$500 million fund in Vietnam
Despite increased investments in Vietnam, the allocation of Creador in other markets will remain unchanged.
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SGX-listed recruitment platform makes first startup investment in Glints
Glints is a recruitment service focusing on young professionals and graduates.
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Singapore’s Sirius Venture invests US$3 million in Israeli food tech startup SuperMeat
The Israeli startup develops clean meat which are produced using growing cells painlessly extracted from a chicken.
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Lotte Accelerator to invest in more Vietnamese startups in 2018
The funding scheme is expected to encourage young companies and scale up more quality startups.
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Patamar Capital makes its first women-focused investment in Indonesia’s Sayurbox
Indonesia’s Sayurbox is set to open its first offline store at Plaza Indonesia, Central Jakarta.
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Myanmar’s MTG DC to invest US$24 million in telecom tower business
Myanmar MTG DC aims to expand its service to sell the service of highspeed VSAT broadband and GSM backhaul by March 2018.
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JustCo, Gunung Sewu to form co-working space joint venture
The joint venture’s first coworking space at Sequis Tower, Jakarta is slated to open next July.
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Rakuten partners Techstars to launch its first accelerator program in Singapore
Rakuten accelerator will be hosted in Singapore as the location for Rakuten’s Asia regional head office.
