Greater China
Shengshu Technology previously sealed its angel round in June 2023 led by Ant Group.
Indonesia proposes to inject $3.7b into state-owned firms in 2024-25: minister
Qiming leads Shengshu Technology’s fresh funding round and 38 Greater China deals worth almost $368m
Hong Kong surpasses Singapore with over 2,700 single-family offices
India Digest: Jumbotail, Sprih raise funding; Malabar Investments eyes Sugar Cosmetics stake
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India
Jumbotail has raised $18.2m, while Sprih has bagged $3m.
Singapore
Accredify had raised $7m in its Series A round in Apr 2023.
The round was anchored by venture capital investor TRIVE Ventures.
Cedar Capital is looking to invest in 15 early-stage banktech-focused startups in seed-Series A rounds.
A91 Partners is currently investing from its second fund, which has a total corpus of $550m.
Recently, Animoca signed an MoU with Riyadh’s King Abdulaziz City for Science and Technology.
UXLINK said it may raise another round of funding prior to its token generation event.
Rest of Asia
“An IPO is not the only exit solution for investors. The secondary market is very important.”
The round was co-led by Eight Roads Ventures and Denali Growth Partners.