Money

East Ventures hits first close of US$88m fund to seed post-pandemic startups

EARLY-STAGE venture capital (VC) firm East Ventures has raised about US$57 million for the first close of its US$88 million fund to target tech companies emerging in the post-lockdown aftermath of...

Private markets data providers tap rising demand in S-E Asia

THE business of providing data on privately held companies and their capital raising activities is looking more promising than ever as investors continue flocking to South-east Asia in search of...

Hospitality startup K Hotel raises S$2m in seed funding

K HOTEL, a Singapore-based hospitality firm with around 300 beds across six properties, has raised S$2 million in seed funding led by private investor Noel Neo, who has joined the startup as its...

Karaoke startup Popsical gets S$6.9m in funding led by Quest

SINGAPORE-BASED Popsical, a startup that has created a home karaoke system combining a compact palm-sized device with a mobile app, has raised S$6.9 million in a Series A round led by Quest Ventures...

Electronics marketplace Reebelo raises seed funding from June Fund and Antler

REEBELO, which operates a marketplace for used electronics, has raised a seven-figure sum for its seed funding round, which was led by tech investor June Fund, with participation from early-stage...

How SMEs can be both bankable and credible

By Janus Lim, Founder and Managing Director, Finaqe Group

US firm Capria invests in Singapore venture debt outfit Genesis

US-based global impact investment firm Capria Ventures has invested in Genesis Alternative Ventures Fund 1, a Singapore-based private venture debt fund, as a springboard into South-east Asia (SEA...

Non-resident deposits in Singapore jump 44% to record S$62b in April

SINGAPORE saw a record jump in deposits in April as investors rushed to park funds here given its status as a safe haven amidst global market volatility, said analysts.

XA Network partners Vertex, invests in fund

XA NETWORK, an angel investment circle made up of executives from global tech firms, has struck up a strategic partnership with Vertex Ventures and invested in Vertex's fourth South-east Asia and...

Startup-builder Antler expands to India

GLOBAL startup-builder Antler is expanding to India. The expansion will start in Bangalore and be led by Rajiv Srivatsa, who is joining as a partner.