SingTel Innov8
Citi, MUFG back Singapore digital wealth platform Endowus
Citi Ventures and MUFG Innovation Partners have joined a USD 35m funding round for Endowus, a Singapore-based digital wealth platform that serves high net worth individuals and public pensions.
KKR leads $48m Series C for Indonesia's Privy
KKR has led a USD 48m Series C round for Privy, an Indonesia-based company that specialises in technology for providing legally binding digital signatures.
Singapore's Singtel pumps $100m into VC arm
Singapore telecom giant SingTel has committed USD 100m to its VC arm Innov8. The investment unit, which operates on an evergreen fund model, has received USD 350m to date.
Tiger Global leads Series A extension for Singapore's Intellect
Tiger Global Management has led a USD 10m Series A extension for Singapore-based mental health start-up Intellect, demonstrating its willingness to reach more deeply into early-stage deals in Asia.
Southeast Asia's FinAccel agrees $2b SPAC merger
FinAccel, operator of Indonesia-focused consumer credit platform Kredivo, has agreed to merge with a US-listed special purpose acquisition company (SPAC) at an enterprise valuation of $2 billion.
Novo Holdings joins $80m Series C for Indonesia's Halodoc
Novo Holdings, which manages the wealth of Denmark’s Novo Nordisk Foundation, has made its first investment in an Asian healthcare company by participating in an $80 million Series C round for Indonesia healthcare technology provider Halodoc.
Hostplus backs $19m Series B for Australia's Myriota
Hostplus, an Australian superannuation fund known for its VC activity, has backed a $19.3 million Series B round for local space technology start-up Myriota.
Singapore's Carro raises $30m for extended Series B
Singaporean auto marketplace operator Carro has raised $30 million from investors including SoftBank Ventures Asia as part of an extended Series B round.
Singapore smart city supplier Igloohome gets $15m
Igloohome, a Singapore-based smart city supplier for enterprises in real estate and infrastructure, has raised a $15 million round co-led by Wavemaker Partners, Insignia Ventures Partners, and Seeds Capital.
HSBC, Singtel join $25m round for Singapore's CXA
Singapore-based digital health start-up CXA Group has raised $25 million in funding from a string of strategic backers, including HSBC and the Asia investment arms of Singtel and Sumitomo Corporation.
UOB leads $65m Series B for Indonesia's Halodoc
Singapore-based United Overseas Bank (UOB) has led a $65 million Series B round for Indonesian healthcare technology provider Halodoc.
Singtel Innov8 leads $16m round for Australia's Data Republic
Singtel Innov8, the venture arm of Singapore telecom giant SingTel, has led a A$22 million ($16.2 million) Series B round for Australian cybersecurity technology company Data Republic.
Singapore's Carro gets $60m Series B
Singapore-based automotive marketplace operator Carro has received a $60 million Series B funding round led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group.
Singapore accelerators: Corporate orientation
The rise of corporate-backed innovation programs in Singapore suggests the emergence of a new model for start-up development. Stakeholders are monitoring the pros and cons of the phenomenon
VCs invest $15m in Australian space, IoT start-up
Myriota, an Australian space technology company focused on orbital internet-of-things (IoT) connectivity systems, has closed a $15 million Series A round led by Main Sequence Ventures and Blue Sky Venture Capital.
Singtel Innov8 launches Singapore cybersecurity incubator
Singtel Innov8, the venture arm of Singapore telecom giant SingTel has teamed up with NUS Enterprise, a start-up program under National University of Singapore, to launch a cybersecurity incubator.
Singtel Innov8, Harmony anchor Qubole's $25m Asian push
Singtel Innov8 and Harmony Partners have led a $25 million round of funding to support the Asia expansion of Qubole, a big data firm based in India and the US.
Deal focus: CounterTack locks up funding for security
At a time when websites have never seemed more vulnerable, CounterTack has a software solution that can plug holes in online security systems. It has raised $20 million in Series D funding to support expansion
Singapore auto marketplace Carro gets $12m
A group of Southeast Asian VCs have committed $12 million to Singaporean automobile marketplace Carro as part of an operational expansion into artificial intelligence (AI)-enabled car financing services.
Singtel Innov8 leads Series B round for US big data start-up
Singtel Innov8, the early stage investor backed by Singapore telco Singtel, has led a $15 million Series B round for US big data start-up DataTorrent. GE Ventures, and the start-up's existing investors, also took part in the round.
India app developer platform gets Series A round
Pokkt, an Indian alternative monetization platform for mobile app developers, has secured $2.5 million in Series A funding from Singapore-based Jafco Asia and SingTel’s corporate VC arm Innov8.
SingTel Innov8, Foxconn back Singapore's KAI Square
KAI Square, a Singapore-based video analytics firm, has obtained S$4 million ($3 million) in Series B funding from Foxconn Technology Group and SingTel Innov8.
GGV leads Series B for China mobile gaming platform Yodo1
GGV Capital has led a Series B round of funding worth $11 million for Yodo1, a Chinese mobile gaming platform. Existing investor Singtel Innov8 also participated alongside new entrants Pavillion Capital and Iris Capital.
SingTel Innov8 invests $10m in Fab.com
SingTel Innov8 has invested $10 million in online lifestyle store Fab.com as part of an ongoing Series D round of financing. It joins a list of strategic Asian backers as the company plans expansion in the region.