funding

Investment banks cosy up to VCs in hunt for potential unicorns

INVESTMENT banks in Asia are increasingly getting intimate with the region's startup space.

Indonesia's Alpha JWC Ventures closes US$123m tech fund

[SINGAPORE] Alpha JWC Ventures, an Indonesian firm co-founded by a former banker turned venture capitalist, has closed its second fund at US$123 million.

Medtech firm AWAK Tech raises US$40m in round co-led by Vickers Venture

RENAL company AWAK Technologies has raised US$40 million in an oversubscribed financing round co-led by Vickers Venture Partners and an unnamed global medical products company.

P2P lending: A case for borrowing to grow

SMALL and medium-sized enterprises (SMEs) are important to the economy. In Singapore, SMEs account for 69 per cent of employment and 49 per cent of the economy.

US billionaire problem worsening

OUR billionaire problem is getting worse. Any market-oriented economy creates opportunities for new fortunes to be built, including through innovation. More innovation is likely to take place...

SoftBank's second Vision Fund starting life smaller than the first

SOFTBANK Group Corp has quietly completed an initial money-raising push for its second technology fund, at a fraction of its targeted US$108 billion.

Putting their heads together to think green

WHEN most 11-year-olds were out having fun on Fridays and their holidays, Jeanieve Lim from Mee Toh School was thinking of ways to help the environment.

Japan's Credit Saison launches new Asia-focused fund for early-stage startups

CREDIT Saison on Thursday announced the launch of a US$55 million venture fund focused on early-stage startups, the Japan-based credit card company's first dedicated corporate venture capital (CVC...

iSTOX raises undisclosed Series A funds from Thai bank KKP

DIGITAL securities platform iSTOX has raised an undisclosed amount of Series A funds from Kiatnakin Phatra Financial Group (KKP), a Thai investment bank, the startup announced on Wednesday.

Social Bella raises US$40m Series D funding led by Temasek, EV Growth

INDONESIAN beauty e-commerce startup Social Bella has raised US$40 million in Series D funding co-led by venture firm EV Growth and Temasek, the company announced on Monday.

Businesses should keep all avenues of funding open

THERE are generally three growth phases in a small and medium-sized enterprise's (SME) life cycle - start-up, growth and maturity. Challenges faced by a business in the 'growth' stage, such as...