500 Startups

500 Startups lands first investment in Myanmar
500 Startups has made its first ever investment in Myanmar, pumping in an undisclosed amount into Yangon-based startup Bindez, which operates an information search engine and ‘discovery platform.’  
Beauty and wellness startup Bfab lands seed funding
KL-based beauty and wellness startup Bfab has raised undisclosed seed funding, led by KK Fund, with 500 Startups and Captii Ventures participating.
Health and wellness startup PurelyB raises US$500K seed funding
PurelyB has raised US$500K in seed funding, led by Silicon Valley’s 500 Startups, with participation from Brunsfield Ventures Sdn Bhd and an undisclosed angel investor.  
iPrice raises US$1.2mil, targets Series A next
iPrice Group said it has completed a US$1.2-million second seed funding round, and has now raised a total of US$1.75 million.
Cradle Seed Ventures announces first investment, in Involve Asia
Cradle Seed Ventures has announced its investment in Malaysian startup Involve Asia, in a co-investment deal with 500 Startups.
Cheryl Yeoh leaves, MaGIC on quest for new CEO
MaGIC CEO Cheryl Yeoh is leaving, and the Malaysian Government has engaged a head-hunting agency to find a replacement.
Ematic gets US$1mil+ to make email marketing smarter
Ematic Solutions raises US$1.07mil seed funding to further tap the email marketing segment and make it ‘smarter.’
500 TukTuks increases fund size to US$12mil
500 TukTuks, the Thailand-focused micro-fund spun off by Silicon Valley’s 500 Startups earlier this year, said it will be increasing its fund size from US$10 million to US$12 million.
BloomThis out to disrupt that florist business
Malaysian startup hopes to ‘innovate’ the traditional florist business by improving the purchasing experience, with a ‘surprise’ factor.
KL startup Kaodim raises US$4mil Series A
KL-based services marketplace Kaodim has announced a US$4-million Series A round of financing led by Venturra Capital, which it said would fuel its regional expansion.
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Digerati50 2020-2021

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