Startup

Three Deals Emerge In Singapore: SMRT-Cyclect Joint Venture; PSL Raises Funds; Asiamedic In M&A...

SMRT, alongside Cyclect Electrical of JV SMRT Corporation have established a joint venture company in conjunction with Cyclect Electrical Engineering. Cyclect Electrical Engineering is a Singapore-based business which serves the industrial plant building industry including offshore, marine, transport and logistic segments of the industry. The newly formed joint venture, known as SMRT-Cyclect Power, will establish […]

Malaysia’s Instant Delivery Startup, RunningMan Raises US$40K Within 24 Hours

Reaching their targeted amount of RM175K (approximately US$40K) within 24 hours of their pitchIN Equity Crowdfunding, public attention has been centred on a Malaysian logistics startup company known as RunningMan. A platform that offers instant delivery services, RunningMan caters the needs of those that wish to save a trip to their nearby shops or restaurants […]

JoJonomic Reach Singapore After Grabbing $1.5m Series A Funding For Expense Management Software

JoJonomic is an Indonesian startup that got their breakthrough when participating in Google’s launch pad accelerator in January 2016. One of just eight Indonesian companies selected, their expense management software stood out. Originally designed to help everyday people keep track of the day-to-day expenses by using a smartphone app to digitize receipts, tickets and more, […]

ViSenze Finds $10.5m On The Table To Help People Shop Direct From Their Environment

ViSenze is a Singapore based start-up looking to change the way we use computer vision. That doesn’t mean Terminator style augmented reality, but rather using your smartphone to change the way you shop. Their series A funding round raised them a healthy 3.5 Million USD to play with, and the results have been remarkable. Now […]

Rapid 3D Printing Firm Carbon Scores $81 Million For International Expansion

Carbon, formerly known as Carbon 3D, of Redwood City California have just successfully added a cool $81 million in venture funding to its Series C round. With the money coming from heavy hitters like BMW, GE and Nikon, adding to money from venture capitalists like GV and Sequoia Capital, the company are starting to raise […]

Canva Raises $15 Million in Funds, Leaving Last Round Funds Untouched

While raising capital can be a challenge for some, Canva, the Australian based graphic design startup seems to have elevated fund raising to an art form with its latest round of funding at $15 Million (U.S.). Canva’s latest influx originates from Blackbird Ventures and Felicis Ventures and brings the company’s value to an unprecedented $345 […]

PayU (Naspers) Announces Purchase of Citrus Pay

PayU, Naspers’ payment service provider, whose headquarters is in the Netherlands, announces the acquisition of Citrus Pay, the Indian payment gateway. Closing at $130 million (U.S.), it is one of the largest Merger and Acquisitions in the Indian internet arena and certainly in Indian financial tech history. To date, the largest M&A in India’s financial […]

Sourcery Will Make The Magic Happen With 5 Million For Restaurant-Vendor Interfacing

The awesomely named (and likely Pratchett-inspired) start-up Sourcery Technologies Inc. is looking to change the way restaurants handle their relationship with vendors, and vice versa, by creating a portal interface solution for both sides. They have just secured $5 million in venture funding from their original backers Marker LLC, together with Steadfast Venture Capital, Palantir […]
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