Muslim D2C fashion brand Believe raises funding
Venturi Partners leads SG beauty startup Believe’s US$55M Series C
Other investors in the round are Accel, Jungle Ventures, Alteria Capital, and Genesis Alternative; Believe is a D2C beauty and personal care products startup, catering to the Muslim communities in Asia and the Middle East.
Indonesian proptech Pinhome secures US$50M Series B
Investors include Goodwater Capital, Intudo Ventures, Ribbit Capital, Eurazeo, and Insginia Ventures; Pinhome connects potential buyers and renters with property owners and agents; It also offers local services such as home cleaning and AC repair.
Singapore fintech firm Recur Club nets US$30M in seed funding
Lead investors are InfoEdge Ventures and Village Global; Recur offers a marketplace that helps companies raise growth capital without needing debt or diluting their equity; Financing ranges from US$10K to several million dollars.
Northstar leads US$22M Series A of Indonesia’s multi-vertical audio platform NOICE
Alpha JWC, Go-Ventures and Kinesys also joined the round; NOICE claims it hosts more than 40K pieces of content, serves 2M+ users, and its listeners spend ~80 minutes per day on the platform.
Thunes picks majority stake in Tookitaki for over US$20M
The deal allows Tookitaki to deepen its presence in core APAC markets the Middle East, Europe, and the Americas; Tookitaki delivers anti-money laundering and compliance solutions to banks and financial institutions.
Gobi, Ozora launch US$10M fund for women-centric startups in Indonesia
Ratu Nusa Fund will target firms in healthtech, e-commerce, social commerce, education, proptech, and fintech; It will also invest in companies that improve the livelihoods of women and girls across Indonesia.
Blockchain-based lender MetaLend bags US$5M in seed money
Investors are Pantera Capital, Collab Currency, and Ancient8; MetaLend allows users to apply for loans and put in their NFTs as collateral; It is also developing a BNPL service to allow users to purchase NFTs through instalments.
Temasek unit backs US$3.7M round of robot barista firm Crown Digita
The startup operates robot barista Ella, which can brew 200 cups of coffee per hour; The startup provides a contactless and cashless artisanal coffee experience to grab-and-go commuters.
Monk’s Hill leads US$5M pre-Series A round of Ordinary Folk
The healthtech startup plans to expand into Asian markets, incuding Hong Kong; Ordinary Folk integrates its two consumer platforms — Noah and Zoey — distributed compliant medical network, EMR, digital prescriptions, cloud pharmacy, and last-mile fulfilment.
OFF FOODS raises US$1.7M in seed to promote alternative protein in Indonesia
Investors are Alpha JWC, GFC, Creative Gorilla Capital, Lemonilo, and United Family Capital; The company’s flagship product is OFF MEAT, a chicken-like alternative protein, starting with other chicken-like options such as nuggets.
EQUO raises US$1.3M in seed funding
Investors include NextGen Ventures, Techstars, East Ventures, and golfer Michelle Wie-West; EQUO builds the compostable alternatives to consumer products; Starting out with a line of drinking straws, EQUO has expanded its product line to include utensils and tote bags.
Green Li-ion closes US$11.6M Series A for European expansion, R&D
Investors include Energy Revolution Ventures, EDP Ventures, TRIREC, SOSV, and Entrepreneur First; Green has developed a range of plug and play modular battery recycling technologies targetting recycling and manufacturing plants.
How Sipher won high-profile VCs’ hearts even before its blockchain games hit the market
Unlike most blockchain games, Sipher not only aims to onboard the crypto- and NFT-savvy crowd but to introduce it to the traditional gaming community.
E-commerce major Tiki launches digital token Astra
Astra can be traded on Tiki Exchange; The value of Astra fluctuates and is currently pegged to Tiki Coin – one Tiki Coin is equivalent to one Vietnamese dong; Astra tokens can be used to purchase discount vouchers but cannot be exchanged for cash.
How Gojek built an intentional work culture for a thriving workforce
2022 will be the year of workplace reinvention. Here’s how to rethink and redesign workplace policies for the future of work.
NFTs for fundraising: What you need to know before jumping on the bandwagon
When it comes to using NFTs for fundraising, there are success stories, but there are also lessons for the rest of us; An interview with David Tng, Head of Growth, TZ APAC.
Hong Kong’s Times Square mall launches metaverse shopping
The mall has teamed up with Bunny Warriors and AiR Metaverse, which has produced HK’s replica in the online world; The crossover to the metaverse may help attract foot traffic during a challenging period for the local retail industry.
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The post Ecosystem Roundup: Believe bags US$55M Series C, Pinhome secures US$50M Series B, Thunes buys Tookitaki appeared first on e27.