Propell Asia will be a regional accelerator focusing on property technology (proptech) startups in Southeast Asia.
After a successful presentation at Shark Tank, Soya Garden secures US$880k investment from Egroup with its project to bring new experiences to consumers with healthy soy-based products.
The investment from AECS comes after GetDoc’s announcement regarding its US$1.6 million funding to expand in Thailand
The investment vehicle is launched with the aim of backing 150 startup ventures - including one prized startup that has garnered unicorn status.
Vua Nem distributes products of famous brands in and outside the country such as Tempur (USA), Dunlopillo (UK), Inoac Aeroflow (Japan), and more.
Validus Capital also aims to raise its Series B in the near future to expand regionally and build a machine and AI technology to identify and underwrite small businesses.
Olam is a leading agribusiness operating across the value chain in 70 countries.
The new fund has attracted a large contingent of international investors including sovereign wealth funds, insurance companies and banks, family offices and professional asset managers.
VinaCapital said the investment is in line with the company’s strategy to invest in company benefiting from strong domestic growth.