On-demand mobile device repair platform Fynd said it has raised S$520,000 in a pre-Series A funding round led by Far East Ventures, and supported by angel investor and industry veteran Koh Boon Hwee.
Singaporean mobile security startup Appknox has raised US$625,000 in a pre-Series A round led by SeedPlus.
Singapore-based education technology startup Cialfo has raised an undisclosed amount in pre-Series A funding, in a round led by Singapore-based Govin Capital.
KL-based startup incubator and accelerator Tune Labs has made a “strategic investment” of an undisclosed amount into travel planning platform Touristly.
Indonesian mobile on-demand startup Go-Jek has raised US$550 million funding from a consortium of global investment firms, following an undisclosed amount it raised in October, 2015.
Bangkok-headquartered e-commerce solutions provider aCommerce said it has raised a “strategic venture round” worth an eight-figure sum in US dollars.
A new US$30mil venture fund targeting early stage startups is sure to warm the hearts of founders, while Karamjit Singh is also proud to announce the second volume of Digerati50 is available for download.
Singaporean fintech startup Jewel Paymentech said it has landed funding after being selected for US bank Wells Fargo’s accelerator programme.
After a significant pullback in funding in the fourth quarter (Q4) of 2015, mega-rounds lifted quarterly investment into VC-backed fintech companies globally by over 150%.
The South-East Asian startup scene is certainly booming but venture capitalists (VCs) in the region are just not keeping up, according to a report by Google Inc and Temasek Holdings.