Indonesian coffee startup Kopi Kenangan raises US$109mil Series B
Sequoia Capital-led funding will fuel the rapidly growing company’s international expansion, enhancement of staff training, and accelerating cloud kitchen development.
Insurtech startup CXA Group raises US$25mil
Aims accelerate expansion across the Asia-Pacific region.
Carro raises US$60mil in Series B funding
The round was led by Insignia, Softbank and B Capital.
CXA Group raises US$25 mil, on US$100 mil valuation, Eduardo Saverin joins board
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.
Property portal 99.co celebrates 2nd anniversary with new app
Singaporean property portal 99.co recently celebrated its second anniversary with the launch of its mobile app for real estate agents, 99Pro.
MoxyBilna raises US$15mil, rebrands into Orami
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 secures Series A
Customer loyalty startup Perx has secured Series A funding, which it said would help kick off its new enterprise vision.
GGV launches second SEA fund, releases report on ecosystem
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’s Tech in Asia raises US$4mil in Series C funding
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.
99.co gets US$1.5mil, led by Eduardo Saverin, Sequoia Capital
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.