Asia Pacific
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Hodlnaut laid-off 80% employees to stabilize firm
Hodlnaut, a Singapore-based crypto lender, has cut off 80% of its staff, or about 40 workers, in an effort to…
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$110 M fund launched by Taiwan-based VC firm Cherubic Ventures
The $110 million Fund V from Taiwan-based Cherubic Ventures is the company’s first nine-digit fund. Its entire assets under control…
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Alibaba-owned Kaola cut 95% of its staff
According to a report from LatePost, Kaola, a cross-border e-commerce company that Alibaba just purchased, has decreased its staff from…
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SG crypto security firm Safeheron raised $7 M Pre-series A funding
A $7 million pre-series A investment was co-led by Yunqi Partners and Web3Vision for the Singapore-based cybersecurity company Safeheron. In…
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Majoo secured $10 M Series A funding from AC Ventures, BRI Ventures
Majoo, an Indonesian software-as-a-service platform, has secured $10 million in a series A fundraising round from investors including Xendit, BRI…
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Indonesian traveltech firm NusaTrip acquired by Society Pass
NusaTrip was purchased by Society Pass, a digital company with headquarters in Vietnam, for an unknown sum. In the near…
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Vietnamese logistics firm Boxme raised $6.4 M funding
Vietnam-based e-commerce logistics startup Boxme has raised more than 150 billion dong (US $6.4 million) in a fundraising round from…
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Dianxiaomi received $110 M from SoftBank, Sequoia in Series D round
A Series D round co-led by SoftBank Vision Fund 2 and Sequoia China netted US $110 million for Dianxiaomi, a…
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Second batch of climate crisis program launched by Amasia
The second class of AxBC, free training for business owners that prioritize tackling environmental concerns including climate catastrophe and sustainability,…
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Meta, YC invested in Take App’s $1 M Seed round
Y Combinator and Meta have invested $1 million in Take App, a Singapore-based e-commerce tool. The primary product of Take…
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