UPDATE Dec 4. In a deal that blows the previous deal out of the water, GrabTaxi raised another $250,000,000 Series D round, just one month after the previous round of funding. The time between fundraising rounds is almost unprecedented, which makes me believe the previous round was reported some time after the ink was...
Tag: venture capital
$100 Million Startup Fund Launched by Rakuten Ventures
A new $100 million investment fund was announced by Rakuten Ventures. The global fund is to be directed towards investing in startup companies around the globe, with a focus on those in the Asia Pacific region, Israel, and the USA. This fund will use an earlier Southeast Asia fund, which was launched in 2013,...
Singapore's National Research Foundation Selects 6 Venture Funds for $120 Million Early Stage Investments
The National Research Foundation (NRF) of the Prime Minister’s Office of Singapore has announced six venture capital funds to take part in the second round of its Early Stage Venture Fund (ESVF) program. The NRF will contribute S$10 million to each of the 6 funds on a matching basis for a total of S$120...
CyberAgent Ventures, Inc. Establishes New Office in Thailand
Sawasdee CyberAgent Ventures… The collective attitude of entrepreneurs and businesses in Thailand is positive and welcoming, as the Venture Capitalists establish a new office in Bangkok and bring much needed experience, expertise and capital to the Kingdom of Thailand. There are currently many promising startups coming about, and it is exciting to see investors...
Thailand Game Operator Receives Venture Funding
Ini3, a Thailand based company with a hand in the game development market, has closed a round of funding with SoftBank Ventures Korea Corp. Ini3 owns some leading game development companies with a number of titles, both online and mobile. Founded in 2004, Ini3 has 140 employees and is the lead investor in Galaxy...
Why Singapore VC John Johan Kim Thinks the Future is in Bitcoin
John John Kim is a Singapore based VC investor who has worked at some big firms such as Goldman Sachs and Mercuria. He talks about his new cross-border venture capital firm Amasia, and what kinds of investments they look for. John also discusses the startup ecosystem in Singapore, including the special government schemes the...