Ruangguru, the Indonesian educational technology startup with a focus on education-based services, confirmed on Thursday that it had raised US$150 million in a Series C financing round led by General Atlantic, a New York-headquartered private equity firm that manages approximately US$35 billion in assets globally, and GGV Capital, a California-based…Continue Reading

Two American celebrity-backed venture capital firms have participated in the extension of Kopi Kenangan’s US$20 million Series A funding round, the Indonesian coffee chain startup recently announced. Arrive, which is backed by American hip-hop artist Jay-Z’s Roc Nation, and Serena Ventures, the venture capital firm founded by American tennis champion…Continue Reading

Resdi, the Myanmar-based restaurant booking app startup, had recently gotten a US$25,000 investment from Phandeeyar Accelerator, the Yangon-based technology seed accelerator that offers training and funding for emerging startups. In an announcement by Phandeeyar, Resdi is just one of the many pre-seed and seed-stage Myanmar startups that the accelerator is…Continue Reading

Vietnam-based business-to-business (B2B) e-commerce startup Telio recently announced that it had secured US$25 million in a Series A funding round led by investment firm Tiger Global, which was founded by Charles Coleman in 2001 and manages US$4.4 billion worth of assets to date. Other participants of the fundraise include global…Continue Reading

Early-stage venture capital firm Kinesys Group, which has a focus on the startup ecosystem of Indonesia, recently announced that it intends to establish a fund of US$20 million aimed at supporting early-stage startups in Indonesia’s startup landscape, especially those active in the consumer retail space. Besides the announcement of its…Continue Reading

Singapore-based medical technology startup AWAK Technologies recently announced that it had secured US$40 million in one of Southeast Asia’s largest medtech funding round co-led by VIckers Ventures Partners, an international early-stage venture capital firm which counts life sciences and biotechnology as part of its portfolio of investments, and a major…Continue Reading

Singapore-based mobility solutions startup Neuron Mobility recently announced that it had secured a total of US$18.5 million in a Series A funding round led by early-stage venture capital firm GSR Ventures and Square Peg Capital, a Series A and Series B-focused venture capital firm that has made investments in Indonesia’s…Continue Reading

Singapore-headquartered fashion rental platform Style Theory, which is a startup that aims to make designer clothing and items accessible to everyone through its subscription-based apparel rental service, has successfully closed a Series B financing round in which it managed to raise a total of US$15 million in funds, it recently…Continue Reading

Bandung-headquartered social commerce platform startup Evermos recently announced that it had successfully closed an oversubscribed Series A funding round in which it managed to raise US$8.2 million in funds. Jungle Ventures, a Singapore-based early-stage venture capital firm that is one of the largest in Southeast Asia, led the funding round,…Continue Reading

Singapore-based healthtech startup Hummingbird Bioscience had successfully secured US$19 million in a funding round co-led by Mirae Asset Venture Investment, a South Korea-based venture capital firm specializing in buyout, growth, incubation and cross-border investments, and GNTech Venture Capital, which is the corporate venture investment arm of Kooksoondang Brewery that has…Continue Reading