Square Peg Capital
Indonesia's Pluang doubles Series B to $110m
Indonesian micro-savings and micro-investment app Pluang has raised USD 55m in Series B funding led by Accel. It follows a USD 55m Series B investment led by Square Peg Capital last year.
Square Peg backs Vietnam digital bank Timo
Australia-based Square Peg Capital has led a USD 20m investment in digital banking start-up Timo, which claims to be the first Vietnamese player in this space.
Australia’s Rokt raises $325m Series E at $1.9b valuation
Tiger Global Management has led a $325 million Series E round for Australia-based e-commerce marketing technology provider Rokt.
Airbus backs Australia quantum computing player
Airbus Ventures has led a $25 million Series B round for Australia’s Q-Ctrl, a quantum computing developer increasingly geared toward space tech and orbital infrastructure.
SPACs: Longer menu
As the US recovers from a glut in SPAC fundraising, Asian jurisdictions are launching their own regimes. Not every start-up is a good fit for New York. Is Singapore or Hong Kong a good fit for them?
Square Peg leads $55m round for Indonesia's Pluang
Square Peg Capital has led a $55 million Series B round for Indonesian micro-savings and micro-investment app Pluang.
GPs see more paths to liquidity in Southeast Asia - AVCJ Forum
SPAC deals and GP-led secondary transactions are bringing more liquidity options to Southeast Asia, a geography where private equity investors have often struggled to achieve exits, industry participants told the AVCJ Singapore Forum.
Deal focus: Singapore's Doctor Anywhere raises $65m Series C
Doctor Anywhere’s omnichannel approach to digitizing Southeast Asian healthcare is luring investors with eyes on the pandemic’s most logical trend. Preserving a first-mover advantage is the challenge
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.
Sequoia joins $25m Series D for Singapore's StashAway
Sequoia Capital India has joined a S$33.3 million ($25 million) Series D round for Singapore-based wealth management platform StashAway.
VCs to exit New Zealand-based software developer
Canada’s Lightspeed POS, a global technology supplier for consumer-facing businesses, has agreed to buy New Zealand retail software player Vend for $350 million. It sets up several VC exits.
Australia's Square Peg closes third VC fund at $450m
Australian’s Square Peg Capital has closed its third fund at A$600 million ($450 million). It is now said to be the best capitalized VC in the country with A$1.4 billion in funds under management.
Square Peg joins $80m Series D for Australia's Rokt
Square Peg Capital and TDM Growth Partners have joined an $80 million Series D round for Australia e-commerce marketing technology provider Rokt.
Deal focus: Neuron finds clear roads down under
Having increased its Series A round to $30.5 million, Neuron Mobility is ramping up expansion of its e-scooter rental services, with Australia and New Zealand the immediate priorities
Singapore e-scooter start-up gets Series A extension
Neuron Mobility, a Singapore-based e-scooter rental start-up, has secured $12 million in an extended Series A round as it accelerates expansion in Australia and New Zealand and prepares to enter the UK.
Australia's Square Peg backs Singapore wealth manager
Australian VC firm Square Peg Capital has led a $16 million Series C round for StashAway, a Singapore-based digital financial services provider focused on retail wealth management.
Australia’s Square Peg raises $240m for third VC fund
Australian VC firm Square Peg Capital has received initial commitments of A$350 million ($240 million) for its third fund from investors including Hostplus and AustralianSuper.
Coronavirus & Australia VC: In SaaS we trust
Enterprise services start-ups with recurring revenue are well positioned, but mid-cap players could become vulnerable
Square Peg joins Series B for Singapore's Doctor Anywhere
Australian VC firm Square Peg Capital has joined a $27 million Series B round for Singapore-based healthcare technology provider Doctor Anywhere.
Singapore e-scooter start-up raises $18.5m
Neuron Mobility, a Singapore-based e-scooter company, has secured a $18.5 million Series A round led by Australia’s Square Peg Capital and US-based GSR Ventures.
Singapore's FinAccel raises $90m Series C
Singapore-based financial technology provider FinAccel has raised a $90 million Series C round led by Australia’s Square Peg Capital and Korean investors Mirae Asset Capital and Naver.
PropertyGuru abandons Australia IPO
Private equity-backed Southeast Asian online real estate portal PropertyGuru has decided not to proceed with its A$380 million ($256 million) IPO in Australia, citing market uncertainty.
Australia's Athena Home Loans gets $48m Series C
Australian financial technology start-up Athena Home Loans has raised A$70 million ($48 million) in Series C funding from a group of investors led by AustralianSuper.
PropertyGuru seeks as much as $256m in Australia IPO
PropertyGuru, a Southeast Asia-focused online real estate portal that counts TPG Capital and KKR among its investors, is looking to raise up to A$380.2 million ($256 million) through an IPO in Australia.