Gravity Co Raises £5M in Funding
Gravity Co, a London, UK-baserd co-living operator, raised more than £5M in funding. The backers were not announced. The company intends to use the funds to expand globally. Co-founded in 2017 by Capital Riccardo Tessaro and Susanna Rock, Gravity Co provides a community-focused, international living experience via four properties currently located in London and one in Reading. The […]
Apricity Raises €17M in Series B Funding
Apricity, a London, UK-based virtual fertility clinic, raised €17m in Series B funding. The round was led by MTIP, with participation from Iris Ventures. Marc Dietrich joined the board of directors on behalf of MTIP. The company intends to use the funds to accelerate growth in the UK, expand geographically (to Spain before the end of […]
Neukio Biotherapeutics Closes $50M Series A-1 Financing
Neukio Biotherapeutics, a Chinese company committed to developing cell therapy products, raised $50M in Series A-1 funding. The round was led by CD Capital, with participation from Alwin Capital, Surplus Capital, Lilly Asia Ventures, Sherpa Healthcare Partners and IDG Capital. The company, founded at the Simbay Park in Shanghai Pilot Free Trade Zone (China) in June […]
Singapore’s Silence Laboratories raises $1.7M seed funding led by Pi Ventures
Silence Laboratories, a web3 focused cybersecurity startup headquartered in Singapore, said Thursday it has closed a $1.7 million round in a seed funding led by Pi Ventures. The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel Ari Friedman, Mahin Gupta, CK Vishwakarma, Priyeshu Garg, Ashish Tiwari, […]
Declout Ventures leads $4.5M investment in Charged Indonesia
Singapore-headquartered DeClout Ventures Pte. Ltd. has led a $4.5 million investment in Indonesia-focused e-mobility scale up Charged Indonesia, as part of their inaugural funding round. “Carbon emissions from traditional combustion motorcycles are one of the main sources of air pollution in Indonesia, and Charged Indonesia aims to improve this by leading the transition of combustion motorcycle […]
Singapore B2B commerce enabler Eezee raises $7.5m to expand across SE Asia
Eezee, a Singapore-based B2B procurement startup, revealed that it has raised $7.5 million in its Series A funding round that will fuel its further expansion in Southeast Asia. The funding round was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and […]
Vietnamese e-commerce retailer Coolmate receives $2.3m in Series A funding
Coolmate, a Vietnamese menswear brand that sells through its own e-commerce store, has raised an additional $2.3 million for its Series A funding round participated by GSR Ventures and Do Ventures, according to an announcement. Coolmate is the first Vietnamese startup to receive funding from GSR Ventures, a world-renowned early backer of unicorns including Advance Intelligence Group, Nium, Ele.me, and […]
Singapore’s Monk’s Hill Ventures leads Starboard’s $3.5m pre-Series A funding
Singapore-based venture capital (VC) investor Monk’s Hill Ventures has led the $3.5-million pre-Series A funding in Starboard, a platform for founders to start and run their companies globally. The funding round was also backed by Actium Partners, Iterative Capital, Bruno Poh (General Counsel, Lyte Ventures), Lelaina Lim (CFO, Eu Yang Sang International Limited), Michael Tor (Executive Director, UOB), Soh Gin […]
Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M
Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million). FromSoftware parent firm Kadokawa Corporation said in a statement on Wednesday that it has issued FromSoftware shares to Tencent’ subsidiary Sixjoy Hong Kong Limit and Sony’s subsidiary Sony Interactive Entertainment Inc. Following the deal, Sixjoy […]
Japan’s oVice raises $32M Series B funding led by multiple investors
OVice, a Japan-based virtual office platform, announced Wednesday a 45 billion yen (around $32.5 million) Series B funding round led by a group of Japanese and overseas investors. The company said in a statement the investment puts the company’s total raised capital at $45 million. According to the statement, it plans on creating solutions that […]