Vertex Ventures to lead US$5.1 million Series A in Malaysian Retail Solutions Startup StoreHub
StoreHub will use the funding for talent acquisition, product development, and expansion across Southeast Asia
Thai Beverage firm Malee to acquire 65% stake in Vietnamese Long Quan Safe Food
Malee regional expansion continues with Vietnam acquisition.
Singapore’s Temasek joins US$80 million funding in AI energy storage firm Stem
The oversubscribed round was led by growth equity firm Activate Capital., alongside the participation of Temasek and Ontario Teachers’ Pension Plan.
Patamar Capital makes its first women-focused investment in Indonesia’s Sayurbox
Indonesia’s Sayurbox is set to open its first offline store at Plaza Indonesia, Central Jakarta.
Singapore’s property portal 99.co to acquire Indonesian real estate platform UrbanIndo
This deal will allow 99.co to gain a bigger foothold in Southeast Asia’s most populous country.
AI Voice Assistant Developer Rokid raises US$100 million Series B extension round from Singapore’s...
Rokid plans to use the proceeding to invest in research and development, in addition to recruiting new talent.
CNMC Goldmine & Singapore Kitchen Equipment plans dual listings in Hong Kong
The dual listings is primarily aimed at widening the company’s investor and shareholder base.
Thai mobile phone retailer Jaymart’s VC arm to raise US$20 million from ICO
This fundraising initiative will mark it as the first public company in the country to sell its own digital currency.
Philippine Stock Exchange purchases San Miguel’s stake in PDS Holdings
The Philippine Stock Exchange Inc. (PSE) has entered into a share purchase agreement to increase its stake in Philippine Dealing System Holdings.
PetroVietnam to raise more than US$570 million from three IPO subsidiaries in January 2018
The three subsidiaries prep for IPO are BSR, PV Oil, and PV Power.
