Velocity Ventures, a Singapore-based VC firm focused on travel and hospitality, has launched its debut early-stage fund targeting Southeast Asia with a target of $20 million.
The firm hopes to leverage a return to growth in the sector post COVID-19 by supporting strategic pivots, financial restructurings, and start-ups that are facilitating digitization. It has flagged improving...
Tuya, a Chinese software platform for internet-of-things (IoT) systems that mainly offers platform-as-a-service (PaaS) products is pursuing a US IPO.
Australian online human resources services start-up Employment Hero has raised A$45 million ($35 million) in Series D funding led by domestic recruitment business Seek.
Singapore-based Next Gen, which markets a vegetarian chicken brand called Tindle, has raised $10 million in what is being called the largest-ever seed round in the food tech space.
Pakistan-focused VC firm Indus Valley Capital has raised $17.5 million for its debut fund focused on early-stage start-ups. The initial target was $15 million.