Online classified operator Frontier Digital Ventures has raised $22.8 million in an IPO on the ASX.
MC Payment has closed a$4.5 million Series B round led by ESW Manage, an Asia-focused PE firm, along with DZW Capital. Other investors include Golden Equator Capital, a multi-family office, PE and venture capital (VC) firm based in Singapore.
EDBI has led a strategic equity investment in shopper analytics firm RetailNext, which will support its Asian expansion
The Monetary Authority of Singapore has launched a fintech innovation lab in a bid to spur further development of the city-stat’s fintech space.
iFashion has acquired Malaysian online retailer NOSE in a deal worth $3.7 million.
Other investors who participated in the round include DCM Ventures, existing investor Strong Ventures – which led its 2011 seed round – Hardy Farm Venture, Tokyo Founders Fund, TheVentures, SEUM, MOCA Ventures, and Startup X.
Callum Laing and Jeremy Harbour of the Unity Group discuss the turbulence in public capital markets, entrepreneurship and the IPO process
The round also saw participation from existing investors GMO Global Payment Fund, Golden Gate Ventures, and Skype co-founder Toivo Annus.
Robo-advisor startup Bambu has concluded an investment round valued at $400,000 from a group of angel investors and mobile technology solutions provider Tigerspike.
Teambition has closed a Series B+ investment from Tencent in a deal whose terms are confidential.