Licious raises $30 million in Series E, led by Singapore-based Vertex Growth Fund

Fresh meat and seafood brand Licious has raised $30 million in Series E funding round. The round was led by Singapore-basedVertex Growth Fund along with existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund. Including this round, Licious has raised a total of $95 million to date. Bengaluru-based Licious was founded by…

Investment funds controlling US$37 trillion in global assets are failing to meet climate goals, says think tank InfluenceMap

The world’s largest investment funds – controlling a mammoth US$37 trillion in assets – are failing to bring their portfolios in line with the Paris climate goals, new analysis showed on Wednesday. The funds control portfolios containing a fifth of the total value of world capital markets, yet their investments in sectors such as cars and coal puts them “significantly…

Sleek raises $5M to help companies incorporate and operate in Singapore and Hong Kong

Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5 million. The extended seed round for the two-year-old startup was led by private investors Pierre Lorinet and Fabio Blom, and MI8, an Asia-focused European-backed private investment…

Indian tech startup xto10x expands to Singapore, hires ex-Carousell exec

STARTUP consultancy xto10x Technologies has opened an office in Singapore, which will be helmed by its new South-east Asia chief executive officer (CEO), Chai Jia Jih. xto10x helps other startups scale up, through its software, knowledge and capabilities in areas such as operations, data science, human resources, finance and governance. The Bengaluru-headquartered firm said in a media statement on Friday…

Japan Display Says It Has Lined up $828 Million Financing

TOKYO—A financially strapped Japanese supplier of displays for Apple Inc. AAPL 0.25% ’s iPhone 11 said it has lined up financing of up to ¥90 billion ($828 million) from an investment fund with U.S. connections. Japan Display Inc. 6740 +0.00% said Thursday that it has agreed on the basic outline of an investment by a Singapore arm of Tokyo-based Ichigo…

Quona Capital leads $11m funding in Thai insurtech startup Sunday

Thailand-based insurtech startup Sunday raises $11 million in extension Series A funding round led by Quona Capital, according to a statement issued by the firm. This second tranche of capital was led by Quona Capital, a fintech venture capital (VC) firm, and joined by Temasek-backed investor, Vertex Ventures. This brings Sunday’s total Series A round to $21 million, after raising…

e-scooter firm Neuron Mobility bags $25m in funding round

It will be partly used to foray into other Asia Pacific markets. Shared e-scooter operator Neuron Mobility has raised $25.14m (US$18.5m) in a funding round, according to a press release. The funding was led by US-based GSR Ventures and Australian venture capital firm Square Peg. The capital is intended to be used to accelerate its Australian and New Zealand roadmap,…

Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

Singapore-based startup, has closed an $18.5 million financing round as it looks to scale its e-scooter startup in international markets — a month after the nation introduced difficult regulatory changes. The new financing round, dubbed Series A, was funded by GSR Ventures, a venture capital firm that was the first institutional investor in Chinese ride-hailing giant DiDi Chuxing, and Square…

Singapore launches $14m initiative to draw film funds to Southeast Asia

Singapore’s Infocomm Media Development Authority (IMDA) has launched a $14.7m (S$20m) initiative to partner with film and media investment funds that set up in the city state to invest in film and TV content across Southeast Asia. Describing the S$20m as a “catalyst to attract other investors”, IMDA has launched an open call for partners that can “jointly support the…