Ouch!, Malaysia’s digital takaful operator has successfully raised RM5 million (approximately US$1.16 million) in a recent funding round led by PPB Ventures Sdn Bhd. Notably, Ouch! has also received a […]

Broom, an Indonesia-based automotive startup focused on the used car market, has raised US$25 million in a Series A+ funding round. The investment, led by Openspace Ventures, will accelerate the […]

On September 30, 2024, AsiaTechDaily successfully hosted its highly anticipated Innovation Exchange Program, featuring Rachel Lau, the Founder and Managing Partner of RHL Ventures, as the keynote speaker and Investor […]

Singapore-based angel investment platform ThinKuvate has revealed the successful first close of its inaugural India fund, achieved within just four months of its official launch. The ThinKuvate India Fund—1 aims […]

The FBI is investigating Hone Capital, a Silicon Valley venture capital firm, over allegations that it may have shared sensitive information with China. The inquiry focuses on whether Hone’s connections […]

Venture debt financing is an alternative form of funding often used by high-growth startups to extend their runway without diluting equity. Unlike traditional loans, venture debt is typically offered to […]

Indian food delivery giant Swiggy, backed by SoftBank, is reportedly preparing to file for its initial public offering (IPO) as early as this week. According to sources familiar with the […]

AsiaTechDaily is thrilled to announce Rachel Lau, Founder and Managing Partner of RHL Ventures and Iris Capital Partners, as our “Investor of the Month” for September 2024.  Rachel has extensive […]

Genesis Alternative Ventures, a Singapore-based private lender focused on venture and growth-stage firms, has finalized its second debt fund with commitments totaling $125 million. This sum falls within the lower […]

ThinkCyte has successfully completed its Series C funding round, securing a total of $32 million. The amount includes an additional $15 million raised in the extension round, following equity financing […]