Page 14 - Openspace Ventures News Today

Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B. The funding was led by MDI Ventures, the investment arm of Telkom Group, one of Indonesia’s largest telecoms, with participation from Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, Tenaya Capital, UOB Venture Management and Vertex Ventur...

An aerial view of Lau Pa Sat, Singapore. Photo by Fahrul Azmi on Unsplash May 19, 2021 Southeast Asia-based venture capital firms held a final close for five funds in the first quarter of this year, raising $694 million in total proceeds. The number of funds closed was the highest in a quarter since the COVID-19 pandemic hit the region at the start of 2020, shows DealStreetAsia’s latest report. There was also a quarter-on-quarter jump in new capital raised in Q1 — this was calculated by de...

Startup with daily salary payment app bags $3 mln funding By Thuy Tien  &nbspMay 14, 2021 | 12:31 pm GMT+7 Workers at a construction site in HCMC. Photo by Shutterstock/Jonas Petrovas. Nano Technologies, a startup that has developed an app which allows workers to access accrued wages without waiting for payday, has raised $3 million in pre-seed and seed funding. The funding started last year but has only now been revealed, with Venture capital firms Golden Gate Ventures of Singapore and Vent...

Nano Technologies, the first Vietnamese startup selected by US accelerator Y Combinator, announced that it has closed its oversubscribed $3 million seed round.

Vietnamese flexible pay startup Nano raises $3M seed round Nano Technologies, a startup that lets workers in Vietnam access their earned wages immediately through an app called VUI, has raised $3 million in seed funding. The oversubscribed round was led by returning investors Golden Gate Ventures and Venturra Discovery, and included participation from FEBE Ventures, Openspace Ventures and Goodwater Capital. Nano recently took part in Y Combinator’s accelerator program. Golden Gate Ventures an...

Indonesian Teledoctor Halodoc Gets $80 Million in New Funding Round (Nikkei Asia) — Halodoc, one of Indonesia’s largest health-tech startup, has received funding totaling $80 million from new investors including Indonesian conglomerate Astra International and Singapore’s state investor Temasek, the company said on Wednesday. Astra’s venture capital arm Astra Digital Internasional led the startup’s Series C funding round, Halodoc said in a news release. It marked the first time that As...

B Capital raises $415m to back later-stage portfolio firms, expands to China April 1, 2021 Venture capital firm B Capital Group has raised $415 million for a new fund that will provide follow-on capital to high-performing portfolio companies, it announced on Thursday. The fund is the firm’s first formally dedicated to late-growth and late-stage investing. It brings the VC’s total assets under management (AUM) to $1.9 billion. DealStreetAsia had in September reported that B Capital was in th...

SG-based Validus arm Batumbu secures digital lending licence in Indonesia From left to right: Florensia Chief of Finance & Operation Officer; Jenny Wiriyanto CEO; Kemal Alamsyah Risk & Compliance Director; Reza Perazi Armadi Chief of Business; Meliana Wong Chief of Customer Journey Officer March 16, 2021 Batumbu, the Indonesian arm of Singapore-based SME financing platform Validus, has received regulatory approval from the Financial Services Authority (OJK) to operate as a licensed digital len...

Singapore-based early-stage investor Openspace Ventures is prepping to take advantage of SE Asia's booming startup scene after holding a $200m final close for its latest fund.

SINGAPORE, March 12 (Bloomberg): Openspace Ventures, backed by Temasek Holdings Pte, has closed its third Southeast Asia fund at US$200 million as the venture capital firm seeks to replicate its successes in startups across the region. The amount boosts the Singapore-based firm’s total committed capital under management to US$425 million across three funds, co-founders Shane Chesson and Hian Goh said in an interview. Investors in the new fund include Germany’s DEG, Norway’...