Malaysia’s Deemples raises $105k; Hmlet signs SG co-living building

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Malaysia-headquartered golfing startup Deemples has closed its recent fundraising round at $105,000, while Singapore’s Hmlet has signed a new property in the Tanjong Pagar / Cantonment Downtown CBD precinct that it says is its largest co-living building till now.

Uber-for-golfers Deemples raises $105,000

Malaysia-headquartered golfing startup Deemples closed its recent fundraising round at $105,000, bringing the total funding raised so far to around $270,000, according to an announcement.

Launched in 2017, Deemples, which is popularly known as ‘the Uber for golfers’, helps people find golf buddies and enables them to organise games at preferred locations and time slots.

Deemples claims to provide users with easy access to a large and active golfing community so they can join games or flights as they are known in the golfing community.

Besides joining games, users can even start creating golf rounds with their preferred playing date, golf course, tee time, number of players and green fee.

The startup is planning to use the funds raised to strengthen its position in its existing markets including Malaysia, Singapore, Indonesia, the Philippines and Brunei.

Deemples boasts over 3,000 monthly users and says its mobile app has been downloaded more than 18,000 times. Since 2017, over 10,000 rounds of golf have been played through its app.

Hmlet signs largest dedicated co-living building in Singapore

Singapore-based co-living startup Hmlet has signed a new property in the Tanjong Pagar / Cantonment Downtown CBD precinct that it says is its largest co-living building till now. It has more than 150 rooms that operate as serviced apartment units.

The property was part of a Singapore Land Authority public tender that was awarded to LHN Facilities Management Pte Ltd, an indirect subsidiary of LHN Limited. LHN is partnering with Hmlet to fully renovate the property.

Located at 150 Cantonment Road, the property has a site area of 76,002.5 square feet, with a GFA of 47,352,.12 square feet. It is set to open in July 2019 and will see Hmlet increase its number of members to more than 2,400 across the Asia Pacific by the end of 2019.

Founded in 2016 by Yoan Kamalski and Zenos Schmickrath, Hmlet recently raised $6.5 million in a Series A funding round led by Sequoia India.

Also Read:

Singapore: Co-living platform Hmlet raises $6.5m led by Sequoia India

Singapore’s co-living startup Hmlet acquires we r urban in HK push 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.