Neuron Mobility Co-founders Zachary Wang (L) and Harry Yu
Homebase lands US$30M to provide an alternative to traditional mortgage financing in Vietnam
Investors include YC, Partech Partners, Goodwater Capital, Ace and Company, Emles Advisors and Foundamental; Homebase aims to make homeownership accessible by buying homes upfront for clients and allowing them to move in and buy back anytime.
E-scooter rental startup Neuron Mobility snags US$30M
Investors are GSR Ventures and Square Peg Capital; Earlier this month, Neuron announced that it was piloting 1,500 scooters with safety technology installed in Australia, Canada and the UK over six months; In September 2020, it had raised US$12M in Series A.
Grab Vietnam ex-staffers ‘disappointed’ over offer to give up shares
The company has asked ex-employees in the country to give up their shares in exchange for a payout pegged to Grab’s current valuation; The policy affected about 60-80 people who were awarded shares during their employment at Grab Vietnam, a source estimates.
Telio lands US$22.5M pre-Series B to expand B2B e-commerce solutions to 30 provinces in Vietnam
Investors include VNG Corporation, GGV Capital and Tiger Global; Telio connects small retailers with brands and wholesalers on a centralised platform, providing a wider selection of goods, affordable pricing, and efficient logistics.
Women-focused firm She Loves Tech launches US$10M fund, teams up with Microsoft
The China- and Singapore-based startup platform will support 100 women-led firms over three years; She Loves Tech Global Fund, co-managed by Teja Ventures, will award up to US$100,000 in pre-seed and seed funding to startups regardless of location and industry.
SG healthy food chain SaladStop closes US$8.8M round to deepen its footprint via cloud kitchens
Investors are Temasek, Vulcan Capital, K3 Ventures, East Ventures, and DSG Consumer Partners; A hybrid online/offline business, SaladStop runs 69 outlets across S’pore, HK, Indonesia, Vietnam, the Philippines, Japan, Korea, and Spain.
SG
B2B agritech firm Glife closes Series A US$8M
Investors include Heliconia Capital and Hibiscus Fund; Glife serves more than 1,000 farmers and over 900 merchants across SEA; The firm will prioritise investment into AI and will expand into Malaysia and Indonesia in 2022.
Kilo, a Vietnamese B2B e-commerce platform for MSMEs, bags US$5M pre-Series A
Investors include Altos Ventures, January Capital, Goodwater Capital, and Ascend Vietnam Ventures; Kilo’s platform and tools enable SMEs to manage businesses across multiple sales channels, such as Kilo’s app, Facebook and Zalo, and optimise inventory turnover to save costs and reduce risks over the long term.
ID
Wealth management company Moduit receives US$4.5M pre-Series A
Investors include Singapore’s Reciprocus Moduit Holding (lead), PT Alto Network (Indonesia), and a subsidiary of the Djarum Group; Moduit provides a wide selection of curated investment products, including Indonesian mutual funds and bonds, registered under the Financial Services Authority.
VN
Edutech platform MindX raises US$3M Series A
Investors include Wavemaker Partners, Thien Viet Securities, a US fund, and Beacon Fund; MindX helps K-12 students develop coding skills while assisting young adults to land jobs in tech companies in Vietnam and Singapore, among other countries.
Filipino firms raised more funds in 2021 than in past 3 years combined
The Gobi-Core Philippine Startup Ecosystem Report 2021 shows in 2021 the country’s startups received a total of US$858M in investments; That’s more than the US$803M in investments that the country’s startups saw from 2018 to 2020.
Microsoft launches greentech programme for startups in SEA
It has partnered with Singapore-based digital transformation agency Creitive to launch the programme for the seed to series A-stage B2B startups; The programme will provide startups with free access to tech, coaching, and support, helping them find opportunities and to avoid common pitfalls.
Sea Capital co-leads US$725M round of blockchain gaming unicorn
Forte helps game publishers integrate blockchain-based features into their titles; The platform allows games to offer embedded token wallets as well as non-fungible token minting and selling features to their users.
InnoVen Capital launches new China fund, raises US$50M in first close
This is the third fund from the group in recent months, following the launch of InnoVen Capital India Fund and InnoVen SEA Fund; InnoVen China has completed nearly 100 transactions and backed more than 70 startups since 2017.
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Image Credit: Neuron Mobility
The post Ecosystem Roundup: Homebase, Neuron Mobility raise US$30M each; Telio lands US$22.5M Series B appeared first on e27.