Devina Halim News Today

Singapore-based Web3 company AWST which officially launches on 25 October, has raised up to $ 1.7 million in funding led by East Ventures, with participation from 500 Global and Antler.

FitHappy, an Indonesian-based healthtech startup, announced Monday that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.

Tanaku, an Indonesia based proptech startup, said Tuesday it has raised $5.5 million of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank, Tanaku. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current focus on building the product, expanding the team, acquiring homes, and executing the go-to -market strategy.

Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.

VC JAKARTA (The Jakarta Post/ANN): Venture capital (VC) firms are bullish about investment growth in Indonesia and Southeast Asia in the medium term after seeing strong growth in start-up financing last year. Indonesian VC investments grew 6.3 per cent year-on-year (yoy) to Rp 13.5 trillion (US$959.3 million) last year, Financial Services Authority (OJK) data shows, driven by the expansion of technology start-ups after countries imposed Covid-19 mobility restrictions in early 2020. VC firms exp...