Business
Furniture e-tailer Fabelio secures US$9 million in Series C1 equity
Online furniture retailer, Fabelio, has announced that it has raised US$9 million in a Series C financing round which is still underway- boosting its…
Business
Latest cost-saving measures by Grab will see 5% of its workforce being laid off
In an announcement addressed to Grab employees posted yesterday (16th June), Grab's CEO and Co-Founder shared that they will be letting go of approximately…
Business
Beenext raises US$160 million in investment funds for startups in Southeast Asia, India, and Japan
Venture capital (VC) firm Beenext recently announced on their website that they have secured a total of US$160 million in two separate funds that…
Business
AI medical firm, Shukun Technology, receives US$28.2 million boost
Shukun Technology, AI-driven medical startup, has recently closed its Series B1 financing round to raise US$28.2 million (RMB200 million) in equity. Led by BOC…
Business
Curlec secures funding from 500 Startups
In an announcement posted on their official website, fintech startup Curlec shared that they had secured new funding from 500 Startups albeit at an…
Business
Tonik raises US$21 million and looks to launch in the Philippines this year
Neobank startup, Tonik Financial (tonik), announced on its website that is has raised US$21 million in a Series A financing round led by Sequoia…
Business
Wave raises US$30 million from star backers
In a Series B financing round, VR concert startup, Wave, raises US$30 million in funding. The round was led by Maveron with Griffin Gaming…
Business
Ula secures US$10.5 million in seed funding
Indonesian startup, Ula, has secured US$10.5 million in seed funding led by Sequoia India and Lightspeed India. Founded just five months prior, the e-commerce…
Business
Propzy raises US$25 million in Series A round
In a Series A round led by Gaw Capital and Softbank Ventures Asia, Vietnam's prop-tech startup, Propzy, has successfully raised US$25 million in funding.
