The oversubscribed round was led by growth equity firm Activate Capital., alongside the participation of Temasek and Ontario Teachers’ Pension Plan.
Indonesia’s Sayurbox is set to open its first offline store at Plaza Indonesia, Central Jakarta.
This deal will allow 99.co to gain a bigger foothold in Southeast Asia’s most populous country.
Rokid plans to use the proceeding to invest in research and development, in addition to recruiting new talent.
The dual listings is primarily aimed at widening the company’s investor and shareholder base.
This fundraising initiative will mark it as the first public company in the country to sell its own digital currency.
