Funding

iCandy’s Esports Players League secures investment from 500 Startups
eSports tournament platform provider ESPL secures undisclosed seed funding from 500 Startups in order to execute initial business objective.
iPrice Group raises US$10mil Series B, aims to deepen its value proposition
The e-commerce aggregator platform sees new round of funding led by ACA Investments, and will use it to expand beyond price aggregation, integrate with super apps and further help online shoppers navigate the overwhelming mess of online shopping.
Malaysian based Dahmakan raises US$18mil Series B round
Malaysian based Dahmakan raises US$18 million Series B with new institutional investors including Korea’s Woowa Brothers.
NEXEA back for 5th year with its corporate accelerator in KL
Startups get opportunity to explore pilot projects & validate business NEXEA dedicated to growing corporate innovation in Malaysia
Regional P2P car-sharing platform Moovby secures US$500k funding, eyes Thailand, Singapore next
Malaysia-headquartered Moovby, which allows users to rent out idle cars to other people, raised US$660,000 for regional expansion plans.
Aerodyne’s Series B not just about money, but boosting tech prowess & accelerating global expansion
Locking investors cum strategic partners is part of an aggressive global strategy Aerodyne CEO expects deepening of its AI-enabled automation and machine learning
Carsome Raises US$50m Series C via equity and debt investments
40,000 cars transacted annually on Carsome, 1% of SEA used car market Combination of equity and debt investments from new & existing investors
MyGroser stakes its claim as ‘a better way’ to buy groceries
Grocery market not winner takes all market space for at least five players Main competition is breaking habits, teach customers there's a better way to grocery shop
Cradle to crank it up, looking for more hard tech startups
Organises first ever Cradle Startup Awards & Media Appreciation Night To focus more in 2020 on spurring, supporting hard tech startups
PropertyGuru decides to not proceed with IPO
Company cites uncertainty in current IPO market Claims not to need new funds to run current operations