Sequoia Capital-led funding will fuel the rapidly growing company’s international expansion, enhancement of staff training, and accelerating cloud kitchen development.
Aims accelerate expansion across the Asia-Pacific region.
The round was led by Insignia, Softbank and B Capital.
CXA Group raises its series B with an eye to expanding to 10 more countries before it will consider a trade sale, says founder and CEO Roseline Chow Koo.
Singaporean property portal 99.co recently celebrated its second anniversary with the launch of its mobile app for real estate agents, 99Pro.
Indonesian e-commerce startup MoxyBilna, formed from a merger between Moxy and Bilna, said it has completed a US$15-million round of financing and has rebranded under the name Orami.
Customer loyalty startup Perx has secured Series A funding, which it said would help kick off its new enterprise vision.
Golden Gate Ventures (GGV) has launched the US$50-million Golden Gate Ventures Fund II LP fund, its second for South-East Asian tech startups, and has released a research report on the VC investment climate in the region.
Singapore-based startup blog Tech in Asia said it has secured a total of US$4 million in funding, led by the SB ISAT Fund which counts SoftBank and Indosat as partners.
Singapore-based startup 99.co has announced S$2 million (US$1.5 million) in funding, led by Eduardo Saverin, cofounder of Facebook, along with venture capital firm Sequoia Capital, its first seed investment in the Lion City. Other investors include entrepreneurs-turn-investors Ross Veitch, Royston Tay and Wu Wenxiang.