Asia Digest: SG's Propseller raises $1.2m; Drone Fund makes first close of third VC fund

Propseller team.

Singapore-based, tech-enabled real estate agency, Propseller, has raised $1.2 million (S$1.7 million) in seed funding, according to a statement. The round was participated by Iterative, Hustle Fund, XA Network, Rapzo Capital, Lazada co-founder and former CFO and CMO Stein Jakob, Dot Property founder Ben Neve, and three strategic investors.

Propseller had last raised a $700,000 (S$1 million) angel round in December 2018 from investors such as Yang Bin Kwok, founder of Zopim; Erwan Mace, founder of Muslim Pro; PJ Vandepitte, Global COO of Foodpanda; Yvan de Rham, former chairman of Sotheby’s International Realty for Switzerland.

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