Malaysian renovation and interior design marketplace, HOMA Sdn Bhd (HOMA2U), announced today that it has secured $875,000 in pre-Series A funding. The investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Singapore-based Quest Ventures Pte Ltd. Additional investors include Worldwide Management Solutions and Qhazanah Sabah Berhad (QSB), […]

Malaysia-based used-car online marketplace Carsome has raised US$300 million in the latest funding round led by funds linked to Temasek Holdings Pte. Ltd. and Qatar’s sovereign wealth fund. Among investors, Sea Town Holdings and 65 Equity Partners both backed by Temasek- and Qatar Investment Authority participated in the round. Carsome Malaysia’s most valuable technology startup […]

Malaysian cloud application platform Food Market Hub (FMH) announced that it has raised $8.5 million in its extended Series A+ funding round. The round, which will finance its further expansion and expedite growth, was led by Southeast Asia-focused venture capital firm AC Ventures Malaysia (backed by Malaysia’s Penjana Kapital fund). It also saw participation from […]

HOMA2U (HOMA), a Malaysian online-to-offline marketplace for building materials and home furnishing products, announced raising 2.4 million ringgit ($567,000) in a series of funding from investors including private equity firm Warisan Quantum Management. Founded in 2017, HOMA is a new retail platform that offers building material and home finishing products that focus on sustainability at […]

Dahmakan a food-tech startup in Southeast Asia brings an organized approach to food delivery. The company offers chef-made meals at a price lesser than restaurants at just click of a button. Dahmakan is the brainchild of former employees of Foodpanda- Jonathan Weins, Jessica Li, and Christian Edelmann. The basic premise of dahmakan is to cut […]

Iflix Malaysia is the new Netflix for the evolving market. Iflix is a video-on-demand platform that is targeted to make a larger audience globally for a large segment of the market. The platform is two-year-old targeting most of the developing countries. Currently, the Video on demand service is offered in Malaysia, Indonesia, Thailand, and the Philippines. […]

Headquartered in Malaysia, TheLorry is an on-demand logistic platform that was founded in September 2014 by Co-Founder & Executive Director, Nadhir Ashafiq and Co-Founder & Managing Director, Goh Chee Hau. TheLorry was launched with the aim of offering systematic, cost-effective and reasonable logistics. It focuses on a logistics platform operation that connects both individuals and […]