Funding

Indonesian coffee startup Kopi Kenangan raises US$109mil Series B
Sequoia Capital-led funding will fuel the rapidly growing company’s international expansion, enhancement of staff training, and accelerating cloud kitchen development.
Indonesia’s Qoala raises US$13.5mil Series A led by Centauri Fund
Largest amount raised by Insurtech from Indonesia - led by US$150mil Centauri Fund Processed 2 mil policies per month, up from 7k per month at launch in March 2019
Time to be bold Pt2: How government can reshape Malaysian startup ecosystem
Proposal for 200 startups to receive US$700k funding each within 12 months Future of startup ecosystem & Malaysian economy is forever changed by Covid-19
In a ray of sunshine, healthtech startup Naluri raises US$1.1mil pre-series A round
Funding reflects heightened investor interest in digital health amidst pandemic Extends its runway for at least 12-15 months, fuels expansion to S’pore, Indonesia
Time to be bold: How the government can reshape our startup ecosystem
Increase funding for venture debt under MDV with aggressive 1:1 matching ratio Not the time to take foot off the gas, rather, need to put pedal to the metal
Recession Today, Opportunity Tomorrow: How To Build Sustainability Today And Prepare For The Coming Economic Recovery
Market likely to see a U shaped recovery thanks to heavy govt spending Will you be around to take advantage of recovery when it happens?
MDEC partners ECF & P2P platforms to promote alternative financing to MSMEs for COVID-19 cash flow relief
MDEC announces a partnership with seven ECF and P2P platforms to promote alternative financing options for MSMEs, which include companies like Ata-Plus, PitchIN.
Prihatin Stimulus from 27th March - What's in it for Malaysian startups?
Startups asking if stimulus good enough to survive? Hopes now on today’s specific announcement for SMEs & startups  
MDEC partners KK Fund to virtually bridge Malaysian tech startups with global investors
Almost 60 global investors are ready to be matched virtually to Malaysian startups constrained by the movement control order (MCO).Virtually matching nearly 60 global investors with promising local startups.
TaniHub Group Raises US$17mil in Series A Extension Round
Roll out 3 new hubs to deepen coverage, provide smoother end-to-end supply chain process Building ecosystem to revitalize Indonesia’s agriculture system, farmers productivity & income
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Digerati50 2020-2021

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