KoinWorks secures US$108M Series C led by MDI Ventures to hire 400 new employees
Other backers include Quona Capital, Triodos Investment, Saison Capital, AC Ventures, and East Ventures; The KoinWorks platform features a marketplace of integrated apps, such as accounting software, POS, e-commerce, HRMS for SME, and a budgeting app.

Sygnum raises US$90M to expand Web 3.0 offerings into new global markets
Investors include Sun Hung Kai & Co, Meta Investments, Animoca Brands, Wemade, SBI Holdings and SCB 10X; Sygnum provides a suite of integrated digital asset financial products and services, including bank-grade digital asset custody and fiat rails, spot and options trading.

eFishery rakes in US$90M Series C co-led by Temasek, SoftBank unit to expand to China, India
Since launching in 2013, eFishery claims to have deployed thousands of smart feeders, serving over 30K farmers across 24 provinces in Indonesia; It aims to acquire one million farmers in three to five years.

Gojek-funded wealth tech startup Pluang adds US$55M more to Series B round
Investors include Accel Partners, BRI Ventures, Square Peg, Go-Ventures, UOB Venture Management, and Openspace Ventures; Pluang, which claims to have 4M+ registered users, plans to expand its services to other Southeast Asian countries in the recent future.

Xurya closes US$21.5M Series A to construct rooftop solar power plant in Indonesia
Investors include East Ventures (Growth Fund), Saratoga, Schneider Electric, and New Energy Nexus Indonesia; Xurya offers a “no investment” method with a rental system to make it easier for industry players to transition to solar energy.

Validus, TTC Group, Do Ventures form JV to boost credit access to SMEs 
The group creates multiple synergies — one of which is TTC’s large ecosystem of SMEs across the energy, real estate, cane sugar, and hospitality industries; The JV also leverages Do Ventures’s deep expertise in the emerging fintech landscape in Vietnam.

Vietnam’s pawn shop chain F88 nets US$10M debt financing from Lendable
F88 renovates the traditional pawn shop model to provide borrowers credit access with inexpensive, transparent, and quick financial services; It plans to disburse half a billion US dollars in 2022.

Crowdo raises US$5.9M to ramp up regional ESG-driven financing for underserved SMEs
Investors include Gobi Partners, iVest Capital, and SEEDS Capital; Crowdo claims to have disbursed over US$73.8 million in financing since its Series A round and achieved profitability since mid-2020.

Sesto Robotics nets US$5.7M to tap into the growing demand for autonomous mobile robots in Europe
Investors include TRIVE, Germany’s World Trading Inovation WTI, and SEEDS Capital; Sesto’s autonomous mobile robots and automated guided vehicles have been employed by companies in manufacturing and healthcare.

Japan’s JCB injects US$5M into Malaysian fintech firm Soft Space
JCB owns and operates one of the largest payment schemes in Japan, supporting about 37M merchants and 140M cardmembers worldwide; JCB will expand the brand globally by leveraging its strength in Asia, especially in Southeast Asia.

Paywatch aims to scale its earned wage access biz across SEA with a US$5.25M funding
Investors are Third Prime, family offices in Singapore and Hong Kong, SparkLabs, Won & Partners, and CTK Investments; The capital injection will enable Paywatch to scale in its existing markets and expand into the Philippines and Indonesia.

BeLive lands US$4.5M funding to develop AI, ML capabilities in live-streaming
Lead investor is FTAG Ventures; BeLive intends to bring its live-video and live-commerce solutions to the global market by partnering with e-commerce giants, apps and brands.

Divvy Homes, Una Brands co-founders join Thai startup PropertyScout’s US$2.5M pre-Series A round
PropertyScout is an online marketplace for buying, renting and selling residential properties; It will scale into other Southeast Asian markets once the platform and processes are optimised and validated in Thailand.

Touchstone Partners leads US$1.1M seed funding of Vietnam’s social commerce platform ON
ThinkZone Ventures also invested; ON helps entrepreneurs earn extra income by starting an online business with assistance such as order handling, fulfilment, returns, shipping, and transactions.

1982 Ventures backs Indonesian agri commodity marketplace PasarMikro
PasarMikro provides various services to farmers and merchants for their daily transactions involving bookkeeping, lending, and marketplace; PasarMikro has formed a partnership with BRI and Rabo Foundation.

Superlative Secret Society, the community behind Indonesia’s first offline NFT gallery
Superlative Secret Society launches an offline gallery to educate the wider public and local artists community about the advantages of NFTs.

Carb0n.fi raises US$600K seed funding to provide carbon offset NFTs in ASEAN
Investors include Owl Ventures, Blockseed Ventures, Lancer Capita, Antler Singapore, and CryptoFOMO; Carb0n.fi’s platform allows users to put their crypto to work and be rewarded with carbon offsets and the project’s governance token $ZRO.

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The post Ecosystem Roundup: KoinWorks secures US$108M Series C; eFishery, Sygnum bag US$90M each appeared first on e27.

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