Asia Partners raises $384m in final close of inaugural fund for SEA startups

The investment firm claims that the fund is the largest debut technology fund in the region. Source link

Sea Group’s venture fund to invest US$1B in tech startups

Singapore-based global consumer internet honcho, Sea Group, has launched a venture fund to invest in tech startups. The group has also allocated an initial amount of US$1 billion for the fund, called Sea Capital, to be invested over the next few years. The...

International VC firm Presight Capital raises $350M second fund – Startups

Presight Capital has closed its $350 million second fund only a year and a half after it announced an $80 million first fund. In fact, General Partner Christian Angermayer told me that the fund was raised in just a few weeks, and that it shot past the initial...

Carousell backer AppWorks raises $114m as part of its third fund

It aims to raise up to US$150 million in the final close by the first quarter of this year. Source link

In brief: Quest Ventures, Scale-up Malaysia back 11 startups; Employment Hero raises US$35M for SEA expansion

The Employment Hero team Employment Hero bags US$35M to bring integrated HR platform into SEA Investors: Led by returning investor SEEK. Others are OneVentures and AirTree Ventures, Salesforce Ventures. What will the funding be used for: To support Employment...

Citics lands US$1M from Vulpes, others to build a ‘comprehensive’ real estate data platform in Vietnam

Citics, a Vietnamese online real estate platform, announced today it has raised US$1 million in a pre-series A round from a group of international and domestic investors. The investors include Vulpes Investment Management, a seed investor in Singapore-based...

Sources: Indian investment startup Groww in talks to raise up to $125m

Ribbit Capital and Tiger Global are may lead this funding round. Source link

Venture Capital Early Stage is the startup bootcamp you’ve always needed – Venture Capital

Wondering how to nail that virtual pitch meeting and raise VC funding? Or how to build a high-octane sales team? What about recruiting early team members that will fuel future growth? Managing the finances of a new company while also wondering about your own...

How a Rocket Internet-backed coffee startup expanded amid the pandemic

Covid-19 forced Flash Coffee to close its Jakarta outlet - its first - and co-founder David Brunier had to manage the situation from a continent away. Source link

Singaporean plant-based meat firm bags $10m seed money from Temasek, others

Next Gen aims to expand into Southeast Asian cities that have an urban profile, such as Hong Kong, by the first half of this year. Source link

Managing a global workforce with Toby Zhan‪g

Toby Zhang is the CEO/Founder of a startup that has the operations team in Silicon Valley and the development team in China. We talk about: The benefits of having a US company with a global, distributed workforce How to get them to work well together at a...

Why crypto art and sports collectibles are suddenly so popular

Digital avatars listed on the non-fungible token platform CryptoPunks.Ryan Browne | CNBCThe cryptocurrency world is abuzz with talk of digital collectibles, unique virtual tokens that can represent anything from art to sports memorabilia.People have been paying...

VCs are chasing Hopin upwards of $5-6B valuation – Startups

Virtual events platform Hopin is hopin’ for a mega valuation. According to multiple sources who spoke with TechCrunch, the company, which was founded in mid-2019, is running around the fundraise circuit and perhaps nearing the end of a fundraise in which it is...