Monday August 19, 2019 08:56
FUNDING Press Releases
Princess Bajrakitiyabha Narendira Debyavati, the Princess Rajasarinisiribajra, presided over the opening ceremony of "Mae Khong Pan Din Fund 2019". The project aims at funding people in each community of each region of the country for continuing the
The InsurTech boom continues its pace in 2019 with a 155% year-on-year increase in funding. However, while there are now over a hundred InsurTech companies around the world, only a dozen are considered "full-stack InsurTech" able to provide the customer with a complete end-to-end experience. As an AI-driven insurance company, Sunday's car insurance combines general user data such as driver age and car model is combined with past accident data and external data, such as the number of accidents in the area, to make the price calculation richer, and more accurate. Now, Sunday is applying the same machine learning approach to group health insurance by taking into consideration everything from demographics to healthcare access.
Of the handful located in Asia, India's Acko insures more than 200,000 cars and works with third parties to provide microinsurance products around other companies' services. Acko competes with the "super-fast claims process" and "killer prices" of Digit, who insure everything from smartphones to automobiles. Meanwhile, "China's first complete online insurance company", Zhong An, offers off-the-shelf, pre-calculated property and casualty insurance.
Since the last funding in 2018, the firm's customer base has more than doubled, reaching over 12 million people in Brazil Nubank's product portfolio has evolved, now including personal loans, a digital account with debit function for consumers and SMEs
- Strategic investors for the Series B+ round included the Bill & Melinda Gates Foundation, one of the world's largest philanthropic funds, Allianz X and Prudential Halodoc, Indonesia's home-grown online healthcare platform, has secured additional
Icertis, the leading provider of enterprise contract management in the cloud, today announced the closing of a $115 million Series E round. With this funding, Icertis becomes the first Contract Lifecycle Management (CLM) company in the world to be valued
SiamCarDeal, Thailand-based leading automotive digital services provider recently received US$ 300,000 in seed funding from 500 TukTuks, the local operating unit of US venture capital fund 500 Startups, and Angel Investors. SiamCarDeal is a platform
A crowdfunding platform for women farmers, online marketplaces for women-produced goods and services, and e-wallet enabled lending were among ten of the winning business models which will be co-funded by the United Nations to improve access to finance
Alternative Energy Corporation Limited or AEC, an expert in clean energy, has announced its readiness for a company soon to be listed on Singapore Exchange Limited or SGX. Recently, the company held a signing ceremony to nominate a full sponsor,
Market for Alternative Investment (mai) has collaborated with the mai-listed Company Association (maiA) to organize "mai FORUM 2019" as part of the 20th anniversary celebration, highlighting mai's role as the source of funding for small and medium-sized
Jiuye Supply Chain Management ("Jiuye SCM" or "the Company"), China's leading cold chain service provider, has completed its Series C+ funding led by CMH Growth Fund. Proceeds from the financing are to be used for the development of the cold chain
icometrix, the global expert in brain imaging Artificial Intelligence solutions, has raised $18 million through a partnership led by Forestay Capital alongside Optum Ventures and existing investor Capricorn Venture Partners. icometrix's icobrain
- Ground X in cooperation with various charity organizations to create use cases that leverage blockchain for social good - Second pilot encouraging incentivized users for social funding set to launch through a Korean mobile app in May Ground X, the
In March 2019, China's tech giant ByteDance has invested in Mountain Top, a leading talent agency in China. The previous funding round of Mountain Top was led by Guangdian Capital ("GDC"), which has invested RMB 100 million in the company back in 2016.
Focus on product innovation, data science-driven product capabilities for enterprises to optimize customer experiences at scale Customer lifecycle management platform, CleverTap, today announced a $26 million Series B funding round, led by Sequoia India
ShopBack, the one-stop rewards and discovery platform, has secured US$45M in its latest funding round. Co-led by EV Growth and Rakuten Capital, other participants include EDBI and existing investors Intouch Holdings Company and Qualgro. Amit Patel, CEO
Klook, a world leading travel activities and services booking platform, today announced it has raised US$225M in Series D+ funding. This increases the company's total Series D funding round to US$425M. The SoftBank Vision Fund led the round with
Award-winning social content marketing company to accelerate product innovation, drive international expansion, and develop an interactive Cool Japan Ecosystem that brings Japanese culture to a new generation of consumers. Clozette, a transformative new
Halodoc, Indonesia's leading healthcare platform, has raised US$65 million in Series B funding, led by new investor UOB Venture Management. Other new investors in the financing round include Singtel Innov8, Korea Investment Partners and WuXi AppTec.
Beacon Venture Capital (Beacon VC), the corporate venture capital arm of Kasikornbank PLC. (SET: KBANK), announced its investment into a seed financing round of Horganice, a leading rental properties management platform in Thailand. The funding will
Bangkok, February 27, 2019 - B.Grimm Power Plc (BGRIM) posted a healthy normalized net profit of 3.0 billion baht for 2018 with the normalized net profit to owner increasing by 6.7% to 1.8 billion baht, buoyed by new power house start-ups and reduced
Mr. Thanapong Na Ranong, 2nd from left, Managing Director of Beacon Venture Capital, and Mr. Trawut Luangsomboon, 3rd from right, CEO at Jitta, announced that Beacon Venture Capital is leading a funding round of $6.5 million for Jitta, Thailand's leading
Beacon VC, a corporate venture capital arm of Kasikornbank (SET: KBANK), leads a funding round of $6.5 million for Jitta, Thailand's leading WealthTech startup that offers high-tech solutions for investors worldwide. The funding round, which is the
iNFOFED is delighted to welcome KK Fund — a Singapore-based leading venture capital fund, and EventPop as investors in the company. With high potential, iNFOFED is preparing a comprehensive business plan to strengthen business by organizing the
- Isotropic's approach to next-generation integrated terminal creates profound change in terminal economics and performance to unlock the satellite industry's full potential Isotropic Systems Ltd., the next-generation integrated satellite terminal
iKala, one of the largest Google Cloud partners, has completed its series A+ funding by expanding its previous A round size to USD 10MM with the same investors. In addition to providing cloud and AI technology to corporate customers, iKala is now using
ก.ล.ต. เปิดรับฟังความคิดเห็นหลักเกณฑ์และร่างประกาศเพื่อรองรับการเสนอขายหุ้นกู้ผ่านผู้ให้บริการระบบเครือข่ายอิเล็กทรอนิกส์แบบคราวด์ฟันดิง (crowdfunding) ด้วยแนวทางกำกับดูแลลักษณะเดียวกับการเสนอขายหุ้นคราวด์ฟันดิง
UMITRON PTE.LTD. (Singapore, Co-founder/Managing Director, Masahiko Yamada) in cooperation with Abaco (Cooperativa de Ahorro y Credito) and its subsidiary Piscis (Piscifactorias de los Andes) has been approved for US$2 million project funding to improve
Venture Global LNG, Inc. ประกาศว่า บริษัทได้ทำข้อตกลงวงเงินกู้ระยะสั้น (bridge loan facility) มูลค่า 220 ล้านดอลลาร์ กับบริษัท Morgan Stanley Senior Funding, Inc. และผู้ให้กู้ที่เกี่ยวข้อง โดยหลังจากได้รับความเห็นชอบตามเงื่อนไขปกติแล้ว
คณะเทคโนโลยีสารสนเทศ ร่วมกับคณะบัญชี มหาวิทยาลัยศรีปทุม จัดเสวนาพิเศษ Tech Talk Season 2 #8 "เคล็ดลับการระดมทุนร้อยล้าน เพื่อสร้างธุรกิจ Startup Claim Di จากประสบการณ์จริง นำสู่งานวิจัย สู้ Funding Series A" โดยได้รับเกียรติจากวิทยากรพิเศษคือ ดร.ชูพรรณ
Venture Global LNG, Inc. announces that it has entered into a $220 million bridge loan facility with Morgan Stanley Senior Funding, Inc. and associated lenders. Subject to the satisfaction of customary conditions precedent, the loan proceeds will be