Singapore Launches Framework to Attract Investment Funds

The new corporate structure can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings. Singapore is courting more funds to base themselves in the city-state with the launch of a new framework that caters to the needs of global investment funds and investors, and a grant scheme to encourage industry…

Malaysia’s P2P total financing to reach RM1b in 2020

DOMESTIC peer-to-peer (P2P) financing industry is expected to exceed RM1 billion in 2020, said the Funding Societies Malaysia. Co-founder and CEO Wong Kah Meng (picture) said with the total financing for the industry standing at RM521 million last year, 2020 poised to record more growth. “As the Malaysian government seeks to boost micro, small and medium enterprises’ (MSMEs) GDP contribution…

Haus, the real estate startup founded by Garrett Camp, raises $7.1M

Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding. This amount combines a $4.1 million seed equity investment led by Montage Ventures and $3 million in debt, which will help finance Haus’ new co-investment model. Haus was created by Uber co-founder Garrett Camp as part of…

8 startups that are using emerging technologies to make life easier for others in real world

Digital Dossier has identified startups that are using advanced technologies including AI and machine learning to provide a gamut of solutions in diverse areas Headquartered in Atlanta and with operations in the UAE and India, Facilio provides firms with operations and maintenance (O&M) solutions. Founded by Prabhu Ramachandran, Yogendra Babu, Krishnamoorthi Rangasamy and Rajavel Subramanian, the firm uses Internet of…

WI Startup Funding Hit Record in 2018 as VCs Cut Bigger Checks

A record $300 million was invested in Wisconsin ventures last year, as maturing businesses pulled in larger funding rounds. But a continued decrease in the number of firms raising their first outside capital could signal trouble for the state’s pipeline of budding startups. Those are some of the key takeaways from the latest Wisconsin Portfolio, an annual report produced by…

Indian startups raise a record $3.9 billion so far in 2019

Deal-making has also broadened, across companies and sectors, moving away from a few large companies such as Ola, Paytm and Flipkart The data defines venture capital investments as seed, or very early investments, to Series F deals in companies Startups in India have raised a record $3.9 billion from venture capitalists in the six months ended 30 June, as the…

How to Drive Growth — With or Without VC Funding

Is venture capital funding becoming obsolete? As The New York Times reports, some entrepreneurs are starting to reject offers of funding, suggesting that founders are trending away from the traditional VC model. More than that, we're seeing leaders in the startup space outwardly express the need to shift focus away from VC funding. Bryce Roberts, co-founder of O'Reilly AlphaTech Ventures,…

Exclusive: Wells Fargo-Favored Mortgage Master Blend Raises $130 Million

Blend has raised $130 million in new venture capital funding. The cash injection likely puts the San Francisco-based fintech startup within striking distance of “unicorn” status, meaning a private valuation of $1 billion or more. The terms of the deal, including the latest valuation, were not disclosed. A source close to the deal told Fortune, however, that the latest round…

UltraSoC secures targeted venture capital for analytic IP

Analytic IP vendor UltraSoC Ltd. (Cambridge, England) has raised £5 million in equity funding from European venture capital firms to target expansion and security applications. Investors eCapital, with an interest in cybersecurity, and Seraphim Capital, a specialist investor in the space ecosystem, joined existing UltraSoC investors Indaco Venture Partners, Octopus Ventures, Oxford Capital, Techgate, and business angel Guillaume d’Eyssautier, in…