By Ka Kay Lum
The startup received funding from Innovation Network Corporation of Japan, Design for Ventures (D4V) and angel investors.
Noble said a consortium of investors, which includes perpetual security holders Value Partners Ltd and Pinpoint Asset Management, will provide the three-year financing.
US-based Verra is set to be publicly listed upon an imminent merger with Gores Holdings II, a special purpose acquisition company sponsored by an affiliate of The Gores Group.
In a statement, Mighty Bear claimed the seed round is one of the largest in Southeast Asia.
CVC Capital Partners is also reportedly examining the bid while Singapore’s sovereign wealth fund GIC is among other potential bidders.
The data gives Toyota insight into fleet management as it develops services including futuristic concepts such as pay-per-use mobile restaurants.
Quantifeed says the Series B round will fuel its regional growth in Asia.
Singapore’s Allied Technologies has raised $18.6 million through a private placement to four investors
Tribe Theory, a REAPRA-backed operator of global hostels and hotel brands for startups and budding entrepreneurs, has expanded into Indonesia and India.
The net proceeds will be used for business expansion and supporting the growth of its e-commerce platform Shopee.