40,000 cars transacted annually on Carsome, 1% of SEA used car market Combination of equity and debt investments from new & existing investors
Receives funds from from IVP, Madrona Venture Group and Meritech Capital.
One of SEA’s leading fashion e-commerce platforms, closes Series C round from Khazanah, the Malaysian strategic investment fund.
Estonian ultracapacitor manufacturer Skeleton Technologies said it has received €13 million in new investment led by FirstFloor Capital, a Malaysian venture capital investment firm specialising in high-growth technology companies.
Japanese cloud-based business card management services provider Sansan said it would use its US$16.9mil Series C funding to accelerate product innovation and international business growth, and especially to enhance its reach in Singapore.
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-headquartered payment services provider 2C2P said it has raised US$7 million (S$9.71 million) in Series C funding from international investors including Amun Capital AG and GMO Venture Partners Inc.