By Ka Kay Lum
Q Fund, which does not have an allocated size, will be investing from Samsung’s $150 million NEXT fund, launched last year.
Qualgro, which invests in tech startups in SE Asia, India, Australia and New Zealand, also participated in the round.
HomeLane counts Accel Partners, Sequoia Capital, Baring PE, Aarin Capital, GrowthStory & RB Investments among its investors.
Cheduoduo, a used-car platform, and co-working space operator Distrii have closed $17.7 million Series A investment and $23 million Series A+ funding round, respectively.
Horizon joined the Bill & Melinda Gates Foundation in the round, which also saw participation from Johnson & Johnson Innovation, Arla Foods, and Continental Grain Company.
The round was led by investors General Atlantic and Access Technology Ventures, as well as home construction company Lennar Corp.
This deal takes the total fundraising by DailyNinja to $4.5 million.
The JV will also offer investment, consulting and global networking services to local biotech startups.
Around 50% of the new fund will be set aside for seed stage investments, while the rest will be used for pre-seed funding via its accelerator programme.
The startup will primarily deploy these funds to expand its loan book to $75 million by FY 2019.