Funding

Sime Darby gets into startup game as investor into Socar Mobility Malaysia’s US$55mil Series B funding
Further expansion in SEA targeted following covenant-based investment Tech enhancements & increase safety measures that will improve profitability
Carousell hits unicorn status, valued at US$1.1bil with US$100mil raise from Korea’s STIC Investments
Up investments in recommerce across more markets, seek acquisitions Looking to introduce higher-value products, including luxury goods & cars
Indonesian logistics management startup, McEasy raises US$1.5 mil seed funding from  East Ventures
McEasy, an Indonesian-based SaaS provider for logistics vehicle management and tracking has raised US$1.5 million in seed funding from East Ventures. 
MaGIC–Penjana Kapital collaboration offers seed stage startups better access to funding
Unlock investment opportunities for innovative startups to scale regionally MaGIC kicks off two key programmes – Ace Your Pitch and Strike a Pitch
Legit Group raises US$3 million in seed funding led by East Ventures
Indonesia-based cloud kitchen company, Legit Group, announced that it has raised US$3 million in seed funding led by East Ventures, with participation from AC Ventures.
Pioneer Islamic crowdfunding startup, Ethis Group, raises US$1.64mil from Super Angels
Equity funding to accelerate expansion into global markets Global ambition and focus on impact attracts new shareholders
Troopers secures close to US$1mil in Series A
Troopers Malaysia closes its Series A funding round from Shopper360 to revolutionize the gig economy.
​​MDEC launches global technology grant to nurture global champions 
MDEC announces a grant aimed at nurturing global champions, driving investments, and catalysing a digital innovation ecosystem.
​Mindtera raises seed funding in a round led by East Ventures
Personal growth learning platform, Mindtera, secures an undisclosed seed funding round from East Ventures, with participation from Hustle Fund, Henry Hendrawan and other prominent angels from the tech industry.
MDEC's MTM moves into week four, featuring fintech, agtech, funding
The Malaysia Digital Economy Corpration will run its fourth set of events from Aug 23 to Aug 27.
Subscribe to SNAP
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021