Funding

VFlowTech raises US$10 mil to expand global reach of renewable energy storage solutions 
VFlowTech, a Singapore-based provider of vanadium-based redox flow batteries, has raised US$10 million in a Series A funding round. 
AC Ventures doubles down on Indonesia's EdenFarm in latest US$13.5mil deal
EdenFarm has secured US$13.5mil in its latest Pre-Series B bridge round led by Telkomsel venture arm – TMI, AppWorks and AC Ventures.
Indonesia's iSeller Raises US$12 mil Series B
iSeller, Indonesia’s solutions platform for merchants, has closed a US$12 million Series B round led by Intudo Ventures, with participation from KVision (Kasikornbank), as well as existing investors Mandiri Capital Indonesia and Openspace Ventures.
Cybersecurity firm Blackpanda closes US$15 mil Series A funding round
Singapore-based cybersecurity firm Blackpanda has raised US$15 million in its Series A funding round co-led by Primavera Venture Partners and Gaw Capital Partners.
Teleport raises US$50 mil to build top air logistics company in SEA
Grew its e-commerce business 6x year-on-year Currently serving 3 largest marketplaces, Shopee, Lazada, Zalora
Mosti announces winners of MYHackathon 2022 Cohort 2
The ministry of science, technology and innovation (Mosti) announces the winners for MYHackathon 2022 Cohort 2 during its closing ceremony.
Fundaztic’s US$3.5 million second ECF on pitchIN oversubscribed
Raised US$3.7 mil from 51 investors It raised $2.2 million in its first campaign on pitchIN pitchIN has announced that the equity crowdfunding (ECF) campaign of Peoplender Sdn Bhd, Fundaztic’s corporate entity, has raised more than US$3.5 million (RM16 million) on its platform, making it one of the largest ECF rounds in Malaysia. 
US$11.2 mil spacetech fund launched in Malaysia by Nusa Kapital and Sirius T&E
To fund between 13 to 15 startups with average cheque size of US$737k Improved regulatory environment for space in Malaysia a key motivator
Huawei announces 2022 Spark Accelerator finalists
Huawei has announced the top-10 startups finalists for the final pitch in the Huawei Spark Accelerator 2022 grand finale. 
Thai startup Beam raises US$2.5 mil seed funding
Beam raises US$2.5 million in seed funding led by Surge, Sequoia Capital India and Southeast Asia’s rapid scale-up programme and Partech Partners.
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