Funding

Gen Y job portal WOBB raises US$1.3m in pre-Series A round
Investors CAC Capital, Accord Ventures and Actcelerate International Group Immediate goal to dominate Gen Y hiring in Asia, facilitated 1.3m job applications
MESTECC pushes for US$4.85m corporate tax incentive to be introduced before year end
Designed to encourage corporates to invest in VCs targeting Malaysian startups Cabinet paper to be tabled in 2-weeks on restructuring of agencies & funds under Mestecc
EasyParcel raises US$10.6m in Series B from Gobi Ventures and AirAsia
Funding to deep dive into existing four markets in Southeast Asia Customer acquisition, strengthening talent pool key to scaling
Swingvy raises US$7mil Series A led by Samsung Ventures maiden investment in SEA
Aims to expand HR platform to transform future of work for SMEs in Asia Acquired 5k customers since 2016, saw 390% revenue growth in 2018 over 2017
SEA logistics platform, TheLorry, raises US$5.85mil in Series B round
Malaysian headquartered SEA logistics startup, TheLorry, raises US$5.85 mil Series B round led by FirstFloor Capital.
Aerodyne Group raises funding from Japan’s Drone Fund
Pre-Series B amount undisclosed but one of most significant by US$45mil size fund Aerodyne Group leading AI powered DaaS (Drone as a Service) & SaaS solutions provider
Golden Gate Ventures: ‘Now Malaysia becomes really interesting and appealing to us’
Singapore-based VC Golden Gate Ventures feels Malaysian startups are ready for action, will set up base in KL by Feb 2019.
Me.reka’s ECF exceeds target, raises US$381k from 121 investors
Alternative education venture, Me.reka raised US$381k from their ECF campaign versus an expected US$238k
Golden Gate Ventures to invest US$18mil into Malaysian based startups, open KL office
VC firm launches local  office to help fuel innovation in the tech startup sector.
MyTV’s woes, a case of good money chasing after bad money?
Malaysia’s digital terrestrial television migration stalls as MyTV fails to deliver but an industry veteran offers a solution.
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