Asumsi has garnered seed funding from East Ventures, while Clime Capital has made an initial investment in Xurya Daya Indonesia. Meanwhile, uHoo has secured an undisclosed amount in a round led by the VC firm Wavemaker Partners.
Asumsi raises seed funding from East Ventures
Indonesian digital media startup Asumsi has raised an undisclosed amount in its seed round from East Ventures. The capital will be used to hire more engineers and build tech infrastructure, according to a media report.
Founded in 2015 by former journalists, Asumsi focuses on politics, current affairs, and pop-culture sessions. The company publishes its stories on its website and YouTube channel.
Asumsi claims to get over 10 million viewers per month on its website, YouTube channel, and social media platforms.
Clime Capital invests in Xurya
Singapore-based investment company Clime Capital has made an initial investment in renewable energy startup company Xurya Daya Indonesia, according to a press statement. Clime Capital’s investment has been routed through its fund The Southeast Asia Clean Energy Facility (SEACEF).
The investment is expected to accelerate Indonesia’s revolution through sustainable clean energy. Xurya will continue to build rooftop solar panels on the industrial and commercial buildings that have reached 80 MWp.
Established in 2018, Xurya sparked the first wave of Solar rooftop leasing in commercial and industrial circles.
Wavemaker Partners leads funding in SG’s uHoo
Singapore-based indoor air quality sensor company uHoo has raised an undisclosed amount led by the VC firm Wavemaker Partners.
The round also saw the participation of Enterprise Singapore apart from uHoo’s existing and new investors that include PropertyGuru’s co-founder Steve Melhuish.
uHoo will use the funding to ramp up recruitment and develop innovative new products and services. uHoo was founded in 2014 as an air quality sensor device.