Southeast Asia's startups end blockbuster 2021 with $25.75b in total funding
Venture-backed companies in the region collected at least $23.18 billion in equity funding and another $2.57 billion in debt financing.
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Venture-backed companies in the region collected at least $23.18 billion in equity funding and another $2.57 billion in debt financing.
Despite of the ongoing Covid-19 pandemic, start-up and technology investments in Indonesia remain excited during the last quarter of 2021.
Validus Vietnam, the Vietnam entity of Southeast Asia’s SME growth financing platform Validus; TTC Group (TTC), an established multi-industry conglomerate in Vietnam and Indochina, and Do Ventures, a homegrown early-stage venture investment fund announced a joint venture to drive financial inclusion and empower the growth of underserved SMEs in Vietnam.
Indonesia-based online investing platform Pluang has raised $55 million led by US venture capital firm Accel, according to a statement on Wednesday.
Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. This is a follow-on to its Series B and brings that round’s total to $110 million. The funding will be used to make Pluang available in more Southeast Asian countries, increase its asset classes and on hiring. Pluang’s last round of […]