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).
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-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.
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.
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.
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.
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.
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).
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-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.