Jakarta-based co-working space Rework has launched a new mobile app along with its second office in Kuningan, South Jakarta. VC firm 500 Startups has appointed Malaysian actor Ashraf Sinclair as a new venture partner, while Indonesian Financial Services Authority (OJK) partners the Australian government to develop fintech. Rework launches new app,… Read more »
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Indonesia-based social network for stock market investors, Stockbit, announced Tuesday that it has raised a pre-Series A round of investment from 500 Startups and other existing backers, including Ideosource and Braavos Ventures. The funding, which is of an undisclosed sum, will be used for general business expansion. Stockbit has been… Read more »
The round values the firm at around $10 million
Five-Jack, the makers of online gaming marketplace Itemku, has raised $1.2 million in funding from seed stage venture capital firm 500 Startups, with participation by several unnamed South Korean venture capital firms. With the funding, Itemku will expand its operations to Southeast Asia within the second half of this year…. Read more »
Khmerload is modelled after NY-based social news portal Buzzfeed.
LaunchVic is Victorian state’s A$60-million fund.
“They didn’t need venture capital. This is a deal we had to fight to get into.” – Khailee Ng, Managing Partner, 500 Startups
Online insurance management platform PolicyPal has closed a round of seed funding from 500 Startups and other investors.
Quaife replaces Stephen Grundlingh who moved to the headquarters in California
LeFlair will use proceeds to increase capacity & bring in more foreign brands