It also held its second Singapore demo day, which saw more than 500 investors, VCs, and people from the regional startup ecosystem in attendance. The new startups, which focus on enterprise, telecommunications, fintech, and consumer technology, among others, include: Sama, a startup that operates a platform that matches workers with jobs overseas, starting with the construction industryEskwelabs, an online education…
Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A two years ago, Golden Gate Ventures and Alpha JWC Ventures, as well as…
Southeast Asia’s online budget hotel booking chain RedDoorz has raised pre-Series B funding of $11 million. The fundraise comes in as an additional investment from earlier investors Asia Investment Fund of Susquehanna International Group, International Finance Corporation (private investment arm of World Bank Group), InnoVen Capital, Jungle Ventures, as well as new investors DeepSky Capital, FengHe Group and Hendale Capital,…
OPIC’s budget comes from Congress, but the money it makes goes back to the U.S. Treasury. The U.S. government plans to spend hundreds of millions of dollars in venture capital funds overseas as part of an expanded federal program to do good around the world through what’s known as “impact investing.” The program, unveiled Wednesday at a conference by the…
Megan Miller wants to know: Why aren’t you eating bugs yet? That’s because Megan is the co-founder and CEO of Bitty Foods, an innovative artisanal snack brand that makes delicious cookies and snack chips from their signature cricket-based protein flour. Megan, a digital-strategist-turned-food-pioneer, knows this might sound a little insane. Despite the fact that insects are eaten all over the…