Wednesday February 20, 2019 10:51
FUNDING Press Releases
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 biggest pre-series A round for a Thai startup, will help promote innovation in the country's WealthTech industry and prepare Jitta for global expansion.
Mr. Thanapong Na Ranong, Managing Director, Beacon Venture Capital, said, "Beacon VC sees a lot of growth potential for wealth-management technology, or WealthTech, as it plays an increasingly important role amidst low interest rates. Jitta has exhibited the most outstanding capability to develop such technology, with its proprietary stock-analysis algorithm that's been proven to help investors beat the market in the long run, as well as a steadily growing user base. The expertise of Jitta's co-founders and team and, particularly, their strong commitment to bring genuine value to their customers give us confidence that Jitta will be able to transform the industry and achieve tremendous growth."
"Jitta is one of the very few Thai startups with a highly scalable product, meaning it can launch and solve the same problem in any foreign market in a very quick and efficient manner. We believe this local startup sta
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
HSBC Holdings Plc has launched a Liquidity Management Portal to give corporate and financial institution clients a clearer picture of their cash position globally and provide tools to self-manage their liquidity, enabling improved funding and investment
- 2,000 Airbnb Homes and Experiences hosts in Thailand are members of the Creative Community - 25% of all creative Thai hosts are based in Bangkok - One in every five Thai Experience hosts are from the arts, music, fashion or entertainment
PepsiCo, Procter & Gamble, Dow, Danone, Unilever and The Coca-Cola Company Intend to Join Forces To Incubate and Invest in Solutions in South and Southeast Asia Circulate Capital, the investment management firm dedicated to incubating and financing
Omise Holdings, Southeast Asia's leading financial technology service provider today announced it has received an undisclosed funding amount. The investment was led by Japan's largest private venture capital, Global Brain with participation from
- Move will support funding of GBP75 million for a new charitable foundation and a global campaign centre for students and teachers Nord Anglia Education (NAE), the world's leading premium schools organisation, is relocating its headquarters back to the
- Gogoprint is Southeast Asia's largest online printing business. Since its launch in 2015, Gogoprint has set up operations in Thailand, Malaysia, Singapore and Indonesia and worked with over 45,000 customers, printing 250 million products - Funding was
Funding follows the launch of JFrog Enterprise Plus, a first-of-its-kind, universal DevOps platform for end-to-end binaries management and distribution JFrog, the universal DevOps technology leader, is announcing a $165 million Series D funding round
Chinese eSports company FEG accounced on 29th September that it had closed its Series A funding round of close to 100 million Chinese Yuan (US$15 million). The funding was led by China Sports Capital, joined by SAIF Partners and Sea of Stars
Siam Commercial Bank (SCB) has joined forces with the National Science and Technology Development Agency (NSTDA) and Chassis Plus Infill Co., Ltd. (Fab Lab), a leading partner in science, technology, and innovation, to sign an MOU supporting SMEs that
FIBRUM announces the launch of the DESIRIUM VR platform that has a potential of changing the VR content distribution market. To view the Multimedia News Release, please click:
UMITRON PTE. LTD. (Location: Singapore, Co-founder / Managing director Masahiko Yamada, hereinafter "Umitron") announced that it has raised S$3.7mil funding from Mirai Creation Fund operated by SPARX Group. Co., Ltd. on 6th September as the additional
Wishbeer, Thailand's number one e-Commerce store for imported beverages, has announced its participation on The Stock Exchange of Thailand's (SET) new LIVE service, providing investors with a crowdfunding platform and allowing users to trades securities
Car4Cash, a leader in the automotive refinance market, takes on a new brand role of an alternative funding source with support programs that help open up new opportunities for car owners. Introducing the concept "Go Forward with Car4Cash", the brand aims
The leading STEAM education solution provider Makeblock today announces that it has closed RMB 300 Million (approx. US$44 million) in Series C funding at the latest valuation of RMB 2.5 billion (approx. US$367 million). This funding is led by CICC ALPHA.
Venture Global LNG, Inc. announces that it has raised additional private capital of approximately $160 million from large institutional investors. The company has now raised a total of $630 million to support the development of its projects. The
- NIM improved to 3.87%, compared to 3.81% YoY, from more efficient management of funding costs 6M2018 Financial Results Mr. Kittiphun Anutarasoti, President and Chief Executive Officer of CIMB Thai Bank PCL, stated that according to the consolidated
Thai commercial real-estate developers' increasing need for funding and the potential growth of REITs were discussed during Fitch Ratings (Thailand) Limited's semi-annual "Property Investment Outlook" briefing today. The conference also highlighted
พันเอก สรรพชัย หุวะนันทน์ (ที่ 3 จากขวา) กรรมการผู้จัดการใหญ่ บมจ. กสท โทรคมนาคม หรือ CAT และ ศาสตราจารย์ นายแพทย์สุทธิพันธ์ จิตพิมลมาศ (ที่ 3 จากซ้าย) ผู้อำนวยการสำนักงานกองทุนสนับสนุนการวิจัย (สกว.) ได้ร่วมลงนามในบันทึกข้อตกลงความร่วมมือโครงการ TRF-CAT
CENTENNIAL (S&P Global Ratings) July 5, 2018--S&P Global Ratings raised its long-term rating to 'A' from 'A-' on St. Gabriel, La.'s series 2016 limited-tax revenue and refunding bonds based on the application of its "Issue Credit Ratings Linked
CENTENNIAL (S&P Global Ratings) July 2, 2018--S&P Global Ratings assigned its 'AAA' long-term rating to Charlotte, N.C.'s series 2018A general obligation (GO) refunding bonds. At the same time, S&P Global Ratings affirmed its 'AAA' long-term