VCNN

China’s ZWC Ventures has closed its first Southeast Asia and China fund worth US$150 million, the startup also plans to start working on a US$500-million second fund in Q3 this year.

The series A brings dahmakan’s total funding close to US$10M.

South Korean retail firm GS Shop and early-stage venture capital firm Bon Angels have joined in a US$4.5 million bridge funding for Luxstay.

Givaudan, the Swiss flavors and fragrances company will be acquiring Golden Frog to strengthen its presence in the Asia Pacific region.

Indonesian ecommerce unicorn Bukalapak has launched BukaGlobal, a new feature that lets consumers outside Indonesia shop on the Bukalapak platform.

This marks Centara’s entry into one of the world’s fastest-growing tourism markets and enables the company to secure a major Myanmar foothold.

This marks the biggest funding round for a fintech company in the SEA region.

The Ubisoft accelerator is bringing its startup incubator programme to Singapore for the first time.