VENTURE CAPITAL

Heritas Capital to launch US$30m 'impact investing' venture fund by H12021

SINGAPORE-BASED Heritas Capital Management is planning to launch a US$30 million "impact investing" fund, focused on early-stage technology startups in the healthcare, education and food...

Indonesia edtech Cakap raises US$3m in Series A+ funding

JAKARTA-BASED online learning platform Cakap has bagged US$3 million in a Series A+ funding round led by Singapore-based Heritas Capital, to expand across Indonesia and the region.

E-commerce marketing startup Epsilo raises US$2m led by Sequoia Capital India's Surge

EPSILO, an e-commerce marketing stack based in Singapore and Vietnam, has raised US$2 million in funding led by Sequoia Capital India's Surge. The company is part of the fourth cohort of Surge, a...

Talent investor Entrepreneur First launches US$20m fund targeting Asian startups

TALENT investor Entrepreneur First (EF) has launched a US$20 million fund to lead seed rounds in companies that emerge from its Asia programme.

Carsome bags US$30m Series D round; eyes end-2023 US IPO

CARSOME, a Malaysia-based used car platform, has raised US$30 million in a Series D equity round for further expansion in South-east Asia.

SEEDS Capital seeks co-investors to dole out S$150m to deep-tech startups

ARMED with up to S$150 million from the Startup SG Equity scheme, SEEDS Capital is on the lookout for more co-investors to back early-stage, deep-tech startups in the Republic.

New venture firm The-Wolfpack on the hunt for Asia-Pacific consumer startups

FORMER top executives at GroupM and IMG on Wednesday launched a venture firm targeting early-stage consumer startups in the Asia-Pacific.

Singapore startup founders need time to turn US$1.8b equity to real gains

THE recent listing of Singapore's Nanofilm turned the founder, a former academic, and his wife into billionaires overnight - they may not be the last, going by numbers compiled by The Business...

NUHS, ARIA to launch S$50m fund for medtech startups

AN INNOVATION centre under the National University Health System (NUHS) on Thursday inked a memorandum of understanding (MOU) with Asia Research & Innovation Alliance Limited (ARIA), a non-...

Rotimatic gets new breadwinner

ZIMPLISTIC, the Singapore-based company behind Indian flatbread-making machine Rotimatic, has been fully sold to an entity called Light Ray Holdings, a special-purpose vehicle incorporated in the...

Rotimatic-maker flips ownership in trade sale

ZIMPLISTIC, the Singapore-based company behind Indian flatbread-making machine Rotimatic, has been fully sold to an entity called Light Ray Holdings.