Fintech start-up Jumo secures US$12.5m from investment firm Odey Asset Management

SINGAPORE - South African fintech firm Jumo has secured US$12.5 million (S$17.15 million) from London-based investment firm Odey Asset Management, bringing total funds raised to more than US$103...

Uber CEO, Temasek invest in urban farming start-up Bowery

SAN FRANCISCO (BLOOMBERG) - Uber chief executive officer Dara Khosrowshahi and Singapore state investor Temasek Holdings are among the latest investors in Bowery Farming Inc, a two-year-old start-...

Singapore start-up Gogoprint buys Indonesian printing business

Singapore-based Gogoprint has acquired Prinzio, an Indonesian printing start-up specialising in commercial printing outsourcing.

Grab opens research and development centre in Kuala Lumpur

SINGAPORE - Grab has opened a new research and development (R&D) centre in Kuala Lumpur, the ride-hailing firm's seventh such facility and its first in Malaysia, it announced on Tuesday (Dec...

Business management platform Osome raises US$2m in seed funding

AI-POWERED business management platform Osome has raised US$2 million for its seed round led by Berlin-headquartered venture capital firm Target Global. Other investors included Phystech Ventures, AD...

Firm operating e-scooter sharing service bags $5m in seed funding

A local firm that operates an electric scooter sharing service has raised $5 million in seed funding.

Proptech startup Propseller raises S$1m in seed round

SINGAPORE proptech startup Propseller has raised S$1 million in seed funding from industry entrepreneurs and senior executives.

Paktor parent raises fresh $34.3m, with Temasek-linked Pavilion Capital among investors

SINGAPORE - Paktor parent M17 Entertainment, which aborted a planned listing this year, announced on Thursday (Dec 6) that it has raised US$25 million (S$34.3 million) in a funding round featuring...

Taiwan vacation rental firm to expand to Singapore, Malaysia after US$7m Series B round led by Alibaba fund

A TAIWAN-BASED vacation rental startup has raised US$7 million in Series B funding, which will be used to expand regionally - including Singapore and Malaysia operations in early 2019.

Cloud start-up Sansan raises $36m to boost South-east Asia, Japan presence

SINGAPORE - Tokyo-based cloud start-up Sansan has raised three billion yen (S$36 million) in Series E funding for its business, as it looks to expand into South-east Asia, starting with Singapore...