In addition to Parkable, we also have updates from Team Flash, Sociolla, and Aspire

Australia’s parking app Parkable raises US$2.9M in Series A – Press Release

Australian parking app Parkable announced an NZ$4.6 million (US$2.9 million) Series A funding round led by New Zealander digital services company Spark.

The funding round also included the participation of investors such as Peter Beguely, Rowan Simpson, as well as existing investors and advisory board members Jason Kilgour and David Brain.

The funding will be used to increase Parkable’s leadership in New Zealand’s shared economy parking market, further develop its presence in Australia and China and explore new international markets.

Parkable is a sharing economy platform for car parking that allows companies and individuals to rent out their empty parking bays.

The startup has recently announced a joint venture in China. It has also acquired Brisbane-based parking solutions business Park Genie, which it has subsequently rebranded and integrated onto the Parkable platform.

Parkable is now operating in three Australian cities as well as in Shanghai.

Team Flash raises US$1.5M in seed funding round – e27

Singapore-based esports company Team Flash has secured an S$2,084,000 (US$1.5 million) seed funding round led by country-based family office Octava.

Founded in October 2017 by Terence Ting and Samson Oh, Team Flash is an e-sports franchise that empowers talented athletes to pursue a professional career in competitive gaming. It has invested in talent and infrastructure across Vietnam and Singapore.

The funding will be used mainly for international expansion, further grow its business in Vietnam, recruit e-sports players and content creators across the region, and also to focus on bringing in brand sponsorships and media partners.

The startup also plans to launch a dedicated merchandising arm later this year.

Also Read: Today’s top tech news, July 8: Investments into Australian startups Employment Hero, Jacobi

Beacon VC participated in Aspire’s US$32.5M Series A funding round – e27

Kasikornbank’s Beacon VC announced that it has participated in a US$32.5 million Series A funding round for Singapore-based fintech startup Aspire.

Beacon VC joins a pool of international investors, including Y Combinator, Mass-Mutual Ventures (MMV) Southeast Asia, Insignia Ventures Partners, Hummingbird Ventures, Silicon Valley’s Arc Labs, and Picus Capital.

KBank and Aspire aim to work together to digitise banking to small-and-medium-sized enterprises (SMEs) and online merchants in Thailand.

Sociolla’s parent company gets US$40M Series D funding round – e27

Social Bella Indonesia, the parent company beauty e-commerce platform Sociolla, has secured US$40 million in Series D round of investment, co-led by EV Growth and Temasek.

New investors such as Singapore-based EDBI, Pavilion Capital, and Jungle Ventures also participated in the funding round.

The startup will use the funding to strengthen its human resources capabilities, with particular attention on technology-related functions.

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Image Credit: Parkable

The post Today’s top tech news, Sept 2: Australia’s Parkable gets US$2.9M, Indonesia’s Social Bella gets US$40M appeared first on e27.