Asia Pacific
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First fund aimed at US launched by Singapore’s NxtGen Capital
NxtGen Capital, a Singapore-based fund of funds with a focus on early-stage investment vehicles in the US, has unveiled its…
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For its first fund, Resolution Ventures intends to fund SEA fintech firms
Resolution Ventures, a Singapore-based VC firm, has announced the final close of its first fund at an undisclosed amount. The…
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TNB Aura leads $17.1 M funding round for Vietnam’s GIMO to foster expansion
A fintech startup from Vietnam named GIMO has announced the conclusion of its Series A funding round, which raised up…
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Japan’s JERA to contribute $300 M to Greentech startups
In order to spur innovation in the energy sector and create new business opportunities, the Japanese energy company JERA Co.,…
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Lazada received $845.4 M from Alibaba as e-commerce competition accelerates
According to a filing seen by a media-house, Alibaba has given Lazada another US $845.44 million in funding as the…
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US battery firm Group 14 received investment from Vietnam-based Earth VC
The most recent round of financing for US-based lithium-silicon battery manufacturer Group14 Technologies includes Earth Venture Capital, a Vietnamese investment…
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AIOX Apex Angel Fund invested undisclosed amount in global design studio XM Group
AIOX Apex Angel Fund (AIOX) has invested in XM Group, a global design studio with a Singaporean base that specializes…
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Indonesian EV firm Maka Motors secured $37 M Seed funding from East Ventures, others
Two former Gojek executives co-founded Maka Motors, a two-wheeler electric vehicle startup, which has raised US $37.6 million for its…
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Thai food delivery unicorn Line Man Wongnai acquired local POS startup FoodStory
Line Man Wongnai, the largest Thai food delivery company, today revealed that it had purchased FoodStory, a startup that specialized…
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SG taxi operator Trans-Cab to be acquired by Grab for $100 M: Report
According to the Straits Times, Grab is buying Trans-Cab, Singapore’s third-largest taxi company, for about US $100 million. With the…
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