8/1/2018 – Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the company behind the brand – … Read more
8/1/2018 – Dah Makan, a Malaysian food delivery startup has closed US$2.6 million pre-Series A follow-on funding from renowned startup accelerator Y Combinator (YC). Other investors including Texas Atlantic Capital, Swiss family office Atami Capital, and former founder of PE Fund APAX Partners also joined YC in leading the new round, along with participation from … Read more
15/1/2018 – State-owned oil and gas company PetroVietnam is looking to place three of its subsidiaries for an Initial Public Offering this month. The three wholly-owned subsidiaries are Binh Son Refining and Petrochemical (BSR), PetroVietnam Oil Corporation (PV Oil), and PetroVietnam Power Corporation (PV Power). BSR and PV Oil is slated to debut on the … Read more
24/1/2018 – Singapore’s state investor Temasek Holdings has joined a group of top technology investors, led by Activate Capital in funding the US$80 million Series D round in behind-the-meter battery startup Stem. According to John Carrington, the CEO of Stem Inc., the three investors include Temasek, Activate Capital, and Ontario Teachers’ Pension Plan, which brings … Read more
26/1/2018 – Vertex Ventures Holdings Ltd, a member of Temasek Holdings has recently led a Series A round in Malaysian PoS startup StoreHub, alongside other investors including Cradle Seed Ventures, Accord Ventures, and Fintonia. With this newly raised capital, StoreHub plans to expand its presence in Malaysia, Thailand, the Philippines, as well as opening new … Read more
1/2/12018 – Love, Bonito, a womenswear label based in Singapore has announced the completion of an additional US$13 million Series B funding round led by Kakaku.com, alongside the participation of existing investor NSI Ventures. This latest financing round comes after its last Series A from NSI Ventures in 2016, which was essential in advancing the … Read more
9/2/2018 – Etobee, a logistics solutions provider based in Jakarta has completed the bridge round of its Series A funding round up to US$3.5 million. Etobee Holdings Group CEO Sven Milder confirmed the latest funding, but did not disclosed the name of participating investors and other details of the transaction. The Indonesian firm’s last publicly … Read more
