Investment
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Singapore’s Tembusu Partners setups Chinese funds worth US$149 million in Guizhou
The funds launched would primarily be invested in tech, infrastructure, healthcare, tourism and impact-related projects in China.
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Singapore Based Zuzu Hospitality Solutions Raises US$3.7M For Series A
The fresh funds will be used to accelerate the company’s APAC expansion.
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Singapore edtech startup Kalpha receives investment from Vietnam’s Nest Tech
Kalpha plans to use the proceeds to grow the business, expand the team, and market its product.
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AirAsia Launched New Venture Capital Fund – RedBeat Capital
The US$60M fund will operate independently in securing worldwide deals.
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Cambodian Venture Capital Firm Ooctane Closes Debut Fund With US$55M
Ooctane is owned by the local logistic solutions giant WorldBridge Group.
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Singaporean Video Creation Platform Raises US$20M In Series B Funding
The series B funding for 90 Seconds is financed by new and existing investors.
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AI-based Marketing Tech Startup SilverPush receives US$5M Series B Funding
The funding round is led by Japanese advertisement solutions firm, FreakOut Holdings Inc.
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VC Firm Intudo Ventures Closes US$50 Million Second Fund
The firm currently focuses investing on Indonesian based companies only.
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Mapletree Industrial Trust secures US$129 million via private placement
MIT proposes a private placement of 90.44 million new units to raise a minimum gross proceeds of S$175 million (about US$129 million).
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Interior Design Marketplace Atap.co receives investment from RHL Ventures
Atap.co will use the fresh capital to solidify its market presence in Malaysia, which includes developing a physical experience centre in Petaling Jaya.
