InterVest
Indonesia’s Fazz raises $100m Series C
Indonesia’s Fazz, a financial services provider for Southeast Asia micro businesses, has raised a USD 100m Series C round featuring Tiger Global, DST Global, and B Capital Group.
Kakao, KDB join $30m round for Japan's H2O Hospitality
Kakao Investment and Korea Development Bank (KDB) have joined a $30 million Series C round for H2O Hospitality, a Japan-based tourism operator expanding in Korea and Southeast Asia.
Korea biotech start-up gets $44.5m pre-IPO round
Korea’s Standigm, which provides artificial intelligence (AI) systems to biotech operators, has raised a $44.5 billion pre-IPO round led by SKS Private Equity and Daishin Privat Equity.
KDB, K-Growth commit $2b to Korea VC ecosystem
State-owned Korea Development Bank (KDB) and Korea Growth Investment (K-Growth), a fund-of-funds, have jointly committed KRW2.5 trillion ($2 billion) to the local VC ecosystem.
Asia Partners leads $35m round for Hong Kong’s Snapask
Singapore-based Asia Partners has led a $35 million round for Hong Kong online education start-up Snapask. It coincides with the company’s relocation to Singapore.
Kejora, InterVest lead $30m Series B for Malaysia's Aerodyne
Indonesia’s Kejora Ventures and Korea’s InterVest have jointly led a $30 million Series B investment in Malaysian drone technology supplier Aerodyne.
Thailand's Pomelo gets $52m Series C
Thailand-based fashion retailer Pomelo has raised a $52 million Series C round from a group including Hong Kong’s Provident Growth. It is being called the first-ever Series C for a Thai start-up.
Korean biotech player gets $137m Series B
D&D Pharmatech, a South Korean biotechnology company, has raised a $137 million Series B round from a group of Korean and US investors.
Korea's Orum Therapeutics secures $30m Series B
Orum Therapeutics, a Korean biotechnology developer targeting cancer and rare diseases, has secured a $30 million Series B round from a group including IMM Investment and InterVest.
Kejora closes growth fund at over $100m
Indonesian venture capital firm Kejora Ventures has closed its latest fund, a growth vehicle that will invest in technology businesses in Southeast Asia, with more than $100 million in commitments.
Kejora joins $50m Series A for Indonesia’s Sicepat
Indonesian logistics start-up Sicepat Ekspres has raised $50 million in Series A funding from Kejora Ventures and Barito Teknologi, the technology investment arm of Indonesian energy conglomerate Barito Pacific.
Singapore’s C88 gets $28m Series C round
Data and financial services company Experian has led a group of investors, including Monk’s Hill Ventures and Telstra Ventures, in a $28 million Series C round for Singapore’s C88 Financial Technologies.
Korean fintech: Financial times
Korea’s financial technology sector is affording start-ups disruption opportunities based on an outdated infrastructure environment. Early movers are experimenting with a number of business models