The Saudi venture capital (VC) firm KBW Ventures has participated in the $3.2 million seed funding round for TurtleTree Labs, a Singapore-based biotech start-up. In January, the Saudi VC, founded and led by Khaled bin Alwaleed bin Talal Al Saud, had participated in the pre-seed funding round for the start-up, which is developing a new technology to produce milk from…
As the number of Covid-19 cases continues to increase globally, Singapore-based Expara Ventures has launched a new accelerator program to support startups developing solutions to the new challenges brought by the outbreak. The early-stage VC firm and startup enabler said it is now accepting applications for its Expara VirTech Global Accelerator. The three-month online program is set to back 30…
Hong Kong-based Gaw Capital Partners has raised US$2.2bn in the final closing of its Gateway Real Estate Fund VI, marking the firm’s largest fund to date. Gaw Capital also secured a sidecar co-investment commitment of up to US$800m. The fund received commitments from sovereign wealth funds, endowments, pension funds and other institutional investors, with 46% from Europe, 37% from Asia…
New York’s Rho Business, which wants to create a digital business banking system for early-stage and high-growth startups, has raised a $4.9 million seed round led by Inspired Capital. In simple words, Rho wants to work as basic operational banking infrastructure for startups. What exists in the market today can prove a challenging fit for young companies. Founded by Everett…
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…
After a record 2016, India’s top venture debt investors are preparing to ramp up their pace of investments this year as venture capital investments slow down. The numbers say it all. Venture debt player InnoVen Capital India, which is backed by Singapore’s sovereign wealth fund Temasek, is aiming to conclude at least 50 deals to the tune of $75 million-$85…