Global venture capital investor 500 Global takes the lead in a $1.2 million Seed funding round for WeGoWhere, a Thailand-based social networking platform committed to enhancing offline social interactions. The round also saw participation from Goodwater Capital, Wing Vasiksiri, Peng T. Ong (co-founder of Match.com), and existing investor Antler, according to an announcement. WeGoWhere, established […]

Singapore-based venture capital firm TRIREC and Thai energy innovations company INNOPOWER announced today the formation of Energy Ignition Ventures, a $100-million growth-stage fund aimed at promoting decarbonisation initiatives. This strategic partnership will help catalyze the investment in companies that are making substantial contributions towards the global target of achieving a net-zero economy by 2050, according […]

Thailand’s artificial intelligence (AI)-powered digital lending platform, MONIX Co., LTD., has announced that it successfully secured $20 million in the first close of its pre-initial public offering (IPO) fundraising. With the addition of $20 million, the company now has an aggregate funding of $40 million. In a statement, MONIX said that the support that they […]

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised US$850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club. Eazy Digital is a platform that helps insurance companies manage their agents, operations, […]

HD, a Bangkok-based healthcare and surgery marketplace, announced raising $6 million in funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia. The startup, which operates the HDmall platform in Thailand and Indonesia, is excited to announce that it has successfully raised funding from a group of investors incl. […]

Funding Societies | Modalku, Southeast Asia’s largest SME digital financing platform, today announced that its Thai business (Funding Societies Thailand) has reached THB1 billion ($27.8 million) in loan disbursements to small businesses in the country for year-to-date (YTD) 2022. The fintech firm said it looks to expand its reach to financing SMEs in new business […]

Thailand-based property technology (proptech) startup PropertyScout is expanding further in the country after raising $5 million in a Series A funding round led by Singapore-based venture investor Altara Ventures. In a statement, PropertyScout said the round was also backed by Partech, Hustle Fund, AngelCental, Asymmetry VC, among others, and brings its total funds raised to […]

Konvy, a beauty e-commerce platform based in Thailand, has announced raising $10 million in a Series A funding round that will help accelerate its expansion and hiring. The funding round was anchored by Singapore’s Insignia Ventures Partners. The investment marks Insignia’s first investment in a Thai-based and focused company. Konvy was launched in 2012 by […]

Rabbit Care, Thailand’s leading marketplace for insurance and financial products, has raised an undisclosed amount in its Series C funding round led by Winter Capital. The round was also participated by VGI PCL, Thailand’s leading media conglomerate. Rabbit Care was founded in 2013 and has since grown to become the top financial marketplace of its […]

SeaX Ventures (Southeast Asia Exponential Ventures) announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia. The fund is dedicated to investing in companies working on truly transformational opportunities in sectors including blockchain & web3, foodtech, biotech & life science, artificial intelligence, robotics, and IoT & hardware. […]