Funding

WORQ Raises Up-Round of US$2.4mil to Expand in US$724mil Flexi-Office Market
Grow space under management by 10 times to 1 mil sq ft in five years Grown revenue by 560% since last fundraise in 2018, footprint by 7x
In largest startup investment in SEA since Covid-19 hit, PropertyGuru raises additional US$220mil from TPG and KKR
The Southeast Asian proptech company will be utilising the newly-raised funds to invest in identified strategic areas of growth across the Southeast Asian region, wherein it has a majority of the market share.
MaGIC’s GAP Cohort 4 will focus on Innovation, Transformation and Resilience in the face of crisis
The latest Cohort of MaGIC’s Global Accelerator Programme not only goes virtual, but will focus its curriculum on mentorship, agility and resilience.
Green Packet proposes private placement to raise up to US$23.6mil to fund cloud business
Expects to invest around US$96 mil over next 4 years   To offer better, comprehensive solutions to customers, strengthen digital segment
Everpeaks raises US$341k from ECF campaign, attracting 48 investors
Shift in consumer behaviour & manufacturer opens new opportunities Vision to enable Manufacturer to Consumer (M2C) commerce globally
Fave announces undisclosed investment from India's Pine Labs to accelerate SEA’s cashless future
Working together to expand cashless solutions to offline SMEs & enterprises 50,000 merchants in SEA will benefit immediately from the partnership
Dropee raises US$1.3mil extended seed round to help wholesale businesses digitise
Strong position to help businesses go digital, Singapore expansion by end 2020 Averages 8k to 10k monthly purchase orders from over 12k retailers on platform
The Malaysian Approach for Advanced Technology
Continuous innovation needed to boost startup growth & economic standing Has a better end-to-end involvement of startup journey to serve them better  
Global Startup Ecosystem Report flags risk of mass extinction event for startups globally
The 2020 report by Startup Genome provides a comprehensive look the current crisis, its lasting effects and gives policy suggestions.
TaqwaTech championer, Thomas Tsao
Thomas Tsao, along with Gobi Partners, which he is a founding partner of, has been able to help shape the tech startup scene in ASEAN. They also coined TaqwaTech – Muslim-serving tech startups – which they are heavily pushing
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Digerati50 2020-2021

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