Startups

In Series B extension, Malaysian based iStore iSend receives funding from Yamato Holdings
e-fulfilment startup to expand to Thailand and Vietnam with funding injection Funding part of extended Series B round from Jan 2021 that raised US$5.5mil
Microsoft supports accelerator programmes launched by multi-party group
Microsoft to support accelerator programmes launched by the MaGIC, SIDEC and Sunway iLabs, to fast-track the ecosystem’s growth and innovation.
PropertyGuru plans US SPAC with Bridgetown2, Peter Thiel, Richard Li
Transaction will see enterprise value of US$1.35bil & equity value of US$1.78bil PropertyGuru’s shareholders, will retain over 70% ownership of listed entity
Singapore based Drive lah raises US$3.2mil led by KFC Ventures
Since 2019 launch has acquired over 150k users, grown 10x, acquired Smove Founders have proved to master operations, tech & customer service needed
Partipost raises Extended Series A of US$5 mil
Funding to improve tech, double down on existing markets & expansion Investment reflects growth potential of influencer marketing industry
Cocoon Capital’s 5th edition of Female Founders Mentoring Hours invites submissions
70% successful in getting follow-on investor meetings leading to term sheets Meet four investors for total 1 hour remote meeting with 13-min sessions Singapore based VC, Cocoon Capital is launching the 5th edition of its Female Founders Mentoring Hours (FFMH). 
Employment Hero raises US$99mil in Series E round, set to expand further
HR platform, Employment Hero claimed that it has tripled its valuation to USD$589.5 mil (RM2.5 billion) in six months after raising USD$99mil (RM420 mil) in a Series E funding round led by US-based Insight Partners.
Parenting-focused, edamama, raises US$5mil funding round
Philippine-based startup Edamama, an ecommerce platform catered to mothers, said it has raised US$5 mil(RM20.8 mil) in its pre-series A round.
Speedhome’s CEO bakes social stand into startup and is rewarded by investors
Raises US$1.7mil in Series A for regional expansion, strengthen tech Using multiple data points to overcome racial bias in rental market
Easy Eat secures US$5 mil in push to expand into SEA
Combination of Indian family offices, angels, Silicon Valley VCs 4th quarter push into SEA with Indonesia, Singapore, Vietnam & Thailand  
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