Funding

Dating app startup Paktor lands US$7.5mil in Series B round
Singapore-based social dating startup Paktor Pte Ltd said it has secured Series B funding of S$10 million (US$7.5 million) from Majuven, Convergence Ventures, and existing investor Vertex Venture Holdings (a wholly-owned subsidiary of Temasek Holdings).
Go Far East, young startups: Microsoft Ventures China
If there is one thing that isn’t a problem for startups under the care of Microsoft Ventures’ accelerator programme in Beijing, it’s funding, says its director Frances Du.
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.
Singapore’s Tembusu Partners invests US$10mil in NZ’s CricHQ
Wellington-based CricHQ Ltd said it has secured up to US$10 million of funding from Singapore-based private equity firm Tembusu Partners Pte Ltd.
PropertyGuru secures US$129mil investment from consortium
Singapore-headquartered online property portal group PropertyGuru Group announced it has received a S$175-million (US$129-million) investment from a strategic consortium of three investors, believed to be the largest investment in the South-East Asian technology sector so far this year.
Indonesian industrial B2B marketplace Ralali gets US$2.5mil funding
Ralali, a business-to-business (B2B) marketplace specialising in MRO (Maintenance, Repair, and Operational) products, said it has secured US$2.5 million in funding from two Japanese investors.
18 months later, Cradle Seed Ventures finally launches
After many months of planning, discussions and getting feedback from various stakeholders, the much-awaited Cradle Seed Ventures Pte Ltd has finally launched, with RM40mil in its coffers and 30 to 40 startups in its sights.
Sync, MauKerja raise RM1mil each from Cradle co-investment pact
Education services provider Sync and recruitment portal MauKerja have each raised RM1 million (US$275,000) from Cradle Fund Sdn Bhd and OSK Technology Ventures Sdn Bhd, a wholly-owned unit of OSK Ventures International Bhd (OSKVI).
The startup ecosystem pipeline: What comes after the funnel
By ensuring the pipeline is as secure as the funnel is wide, an ecosystem has a far greater chance at sustaining itself, writes Justin Hall of Golden Gate Ventures.
Singapore startup Alpha7 raises additional US$2.3mil
Singapore-based technology consultancy startup Alpha7 said it has raised an additional S$3.1 million (US$2.3 million) in funding from private investors, without elaborating.
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