Monday August 19, 2019 08:56

FUNDING Press Releases

Photo Release: The Opening ceremony of Mae Khong Pan Din Fund 2019 General—14 Aug 19

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

Sunday Steps Forward as Asia#s First Truly AI-driven InsurTech Events—08 Aug 19

Bangkok--8 Aug--Sunday

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.

Around the world, machine learning is disrupting the standardised pricing and products of traditional insurance, which use historical data to back-

Nubank raises USD 400 million in a new investment round led by TCV General—30 Jul 19

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

Halodoc completes strategic funding round, as it continues to expand its portfolio of Events—26 Jul 19

- 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 Cements Undisputed CLM Market Leadership with $115 Million IT—18 Jul 19

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 raises US$ 300,000 in seed funding from 500 TukTuks Events—04 Jul 19

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

10 digital solutions for women entrepreneurs win support from United Nations FinTech Innovation Events—28 Jun 19

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 (AEC) notified its readiness to be listed on Singapore Energy—31 May 19

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,

Thai alternative bourse holds exclusive forum to celebrate 20th anniversary Stcoks—30 May 19

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 SCM Lands C+ Financing from CMH Growth Fund General—21 May 19

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

Brain imaging AI leader icometrix raises $18 million in new funding General—14 May 19

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

The Power of Blockchain for Social Good: Kakao#s Blockchain Project #Klaytn# Takes Initiatives To IT—03 May 19

- 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

Guangdian Capital (GDC) Backed Mountain Top Receives Investment from China#s Tech Giant Stcoks—24 Apr 19

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.

CleverTap Announces $26 Million Funding Led by Sequoia India with New Investment from Tiger Global IT—11 Apr 19

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 raises US$45M to power smarter purchase decisions for Thai Events—10 Apr 19

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 Completes US$425M Series D Funding with New Capital Raise led by Softbank Vision Lifestyle—09 Apr 19

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

New Media Company Clozette Raises US$10 Million in Series C Funding from Cool Japan Events—09 Apr 19

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, Asia Pacific#s Most Innovative Healthcare Start-up, Raises US$65 Million as It Continues IT—05 Mar 19

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 VC leads seed funding for a leading Thai rental properties management platform Stcoks—05 Mar 19

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

New power plants and lower funding cost boost BGRIMs profit Energy—28 Feb 19

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

Photo Release: Beacon VC leads investment in Jitta, bolstering Thailands innovative WealthTech Stcoks—13 Feb 19

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 leads $6.5 million investment in Jitta, bolstering Thailands innovative WealthTech Stcoks—13 Feb 19

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 bags funding from 2 big investors KK Fund and EventPop Shows plan to bring new aspect to Events—06 Feb 19

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 Systems Raises $14 Million in Series A Funding Led by Boeing HorizonX Ventures to Advance Stcoks—16 Jan 19

- 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

Performance Marketing Tech Firm iKala completes USD 10MM Funding General—15 Jan 19

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. เพิ่มทางเลือกระดมทุนให้เอสเอ็มอีและสตาร์ทอัพด้วยหุ้นกู้คราวด์ฟันดิง หุ้น—11 Jan 19

ก.ล.ต. เปิดรับฟังความคิดเห็นหลักเกณฑ์และร่างประกาศเพื่อรองรับการเสนอขายหุ้นกู้ผ่านผู้ให้บริการระบบเครือข่ายอิเล็กทรอนิกส์แบบคราวด์ฟันดิง (crowdfunding) ด้วยแนวทางกำกับดูแลลักษณะเดียวกับการเสนอขายหุ้นคราวด์ฟันดิง

UMITRON secures US$2 million project funding from the Inter-American Development Bank to deliver Stcoks—14 Dec 18

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 ได้รับเงินกู้ระยะสั้น $220 ล้าน จาก Morgan Stanley Senior Funding, พลังงาน—07 Dec 18

Venture Global LNG, Inc. ประกาศว่า บริษัทได้ทำข้อตกลงวงเงินกู้ระยะสั้น (bridge loan facility) มูลค่า 220 ล้านดอลลาร์ กับบริษัท Morgan Stanley Senior Funding, Inc. และผู้ให้กู้ที่เกี่ยวข้อง โดยหลังจากได้รับความเห็นชอบตามเงื่อนไขปกติแล้ว

เคล็ดลับการระดมทุนร้อยล้าน เพื่อสร้างธุรกิจ Startup Claim Di จากประสบการณ์จริง นำสู่งานวิจัย สู้ ทั่วไป—07 Dec 18

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 Secures $220 Million in New Capital with Credit Facility from Morgan Stanley Energy—07 Dec 18

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