Investment
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Digital streaming service Iflix secures new funding
The final size of the funding was undisclosed, but the total is well over US$50M.
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Thailand’s Kasikornbank partners Vietnam incubator to grow regional startups
The partnership between Kasikornbank and Vietnam’s Business Startup Support Center will promote cross-border expansions of fintech and e-commerce ventures.
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Novena Global, Sinopharm, and Cedarlake establish US$150 million Sino-Singapore Healthcare Fund
Novena Global also secures US$20 million in funding from Sinopharm and Cedarlake for its China and Southeast Asia expansion.
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Singapore’s Qualgro to lead US$11.2 million Series A in Europe foodtech startup Pazzi
This investment in French robotic foodtech startup Pazzi marks Qualgro first foray into Europe.
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Accelerating Asia to reach the first close of US$5 million pre-seed VC fund in July
Accelerating Asia also revealed the first 10 startups that will be joining its seed-stage accelerator program.
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Digital real estate platform Rever receives US$4M funding from VinaCapital Ventures
The funding comes as a strategic investment for VinaCapital which is a long-time real estate investor and developer
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Wavemaker Partners Secures US$60M first close for third SEA-focused fund
Investors include Temasek Holdings, Temasek-linked Pavilion Capital, and the International Finance Corporation (IFC).
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Thailand’s KBank sets up KATALYST Project to Support Startup Businesses
KATALYST project was born with the aim of promoting knowledge and creating business value in Thai startups.
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ComfortDelGro enters into three tech investments in SWAT, Haulio, & Foretellix
ComfortDelGro said that the strategic investments in startups are from areas of on-demand bus technology, fleet management, and autonomous vehicle safety testing.
