Brianne Kimmel had no trouble transitioning from angel investor to general partner. Initially setting out to garner $3 million in capital commitments, Kimmel, in just two weeks’ time, closed on $5 million for her debut venture capital fund Work Life Ventures. The enterprise SaaS-focused vehicle boasts an impressive roster of limited partners, too, including the likes of Zoom chief executive…
Atomberg Technology Pvt. Ltd, a consumer-technology company, has raised $10 million (approximately Rs 71.96 crore at current exchange rates) in its Series A funding round led by venture capital firm A91 Partners. The company will use the funds for enhancing its distribution networks across all metro and non-metro cities apart from increasing the size of its research and development team,…
Singapore foodtech startup and parent company to low-calorie ice cream Callery’s, announced today (9 September) that it has secured a S$1.7 million seed funding. The funding round is led by local food and beverage heritage brand Killiney Group, followed by Singapore’s first government-backed food incubator Innovate360, TRIVE Ventures, and other angel investors. The funds will be used to accelerate Hoow…
Vietnam's startup sector is growing at a rapid clip despite the global economic slump, as it closes the gap with regional leaders Indonesia and Singapore. According to joint research by Ho Chi Minh City-based venture capital ESP Capital and Singapore's Cento Ventures, startup investment in Vietnam hit $246 million this year through June on 56 deals. Investment is expected to…
A software company that helps law practices run more efficiently may not be the flashiest business in town, but that’s not stopping some VCs from backing them with pretty high dollars. Hence, Canada-based Clio (which provides that type of software) announced this morning it has raised a massive $250 million Series D round from TCV and JMI Equity. Clio’s platform…
Getting an investor to back a venture is among the foremost issues faced by most startups in India. To make the journey easier for EdTech startups seeking equity funding and support, Delhi-based Edupreneur Village (EV), early stage Venture Capital fund, backed by Sri Aurobindo Society (SAS), launched Edupreneur Village Challenge in 2018. Now, crores of VC funding await to transform…
Nine companies from Singapore have made it to Forbes Asia's inaugural Best Over A Billion list, which spotlights 200 top-performing listed companies across Asia-Pacific with revenues of US$1 billion (S$1.39 billion) or more. They are the Republic's Big Three banks - DBS Bank, OCBC Bank and United Overseas Bank - Wilmar International, CapitaLand, City Developments, Olam International, ASM Pacific Technology…
HEALTHTECH startups in Singapore attracted US$105 million across 21 deals in 2018, according to a report published by healthtech researcher Galen Growth Asia in collaboration with Singapore's Economic Development Board. Singapore's deal value made up 24 per cent of total deal value in Asia excluding China and India. China took home the crown for having attracted the most funding, amounting…
F&B veteran Michel Lu turns his hand to distilling boutique Asian flavours under The Orientalist Spirits brand, and also aims to champion other independent distilleries in the region. Turning 50 this year has offered veteran F&B entrepreneur Michel Lu time for introspection. “A brand done properly can last a lifetime, and even outlive you,” he muses, as he shares his…
StaffAny, a Singapore-based startup which offers a workforce management solution for companies with hourly workers, said it has raised S$1 million (about US$722,000) in a seed round led by Japanese marketing tech company FreakOut Holdings and angel investors. The startup’s angel investors include HR tech entrepreneur Kenji Niwa, as well as the founders of live-chat software firm Zopim; Lim Qing…