SG Digest: Reefknot invests in Roambee; LongHash launches $15m blockchain fund

Photo: Internet Archive

Singapore-based blockchain accelerator and investor LongHash Ventures has launched a blockchain fund while Temasek-backed Reefknot Investment has invested in Silicon Valley-based startup Roambee.

Temasek-backed Reefknot invests in Silicon Valley startup Roambee

Reefknot Investments, a Singapore-based supply chain and logistics-focused fund, has backed the Series B1 funding in Roambee, a Silicon Valley-headquartered on-demand supply chain visibility company.

Financial details of Reefknot’s strategic investment were not disclosed. Roambee earlier raised in excess of $18 million in a funding round led by Anchor Group.

Roambee, which delivers Internet of Things with on-demand, global real-time location and condition monitoring for shipments and in-field assets, said the fresh funding will be used to boost its technology innovation and fuel its global expansion into new markets, including Asia.

The startup plans to open its Southeast Asian headquarters in Singapore in the first quarter of this year.

LongHash Ventures launches $15m blockchain fund

LongHash Ventures, a Singapore-based blockchain accelerator and investor, has launched a $15-million blockchain fund, according to its LinkedIn update.

The blockchain investor is backed by Fenbushi Capital, HashKey Capital under Wanxiang Group and Enterprise Singapore.

LongHash Ventures has invested and partnered with some blockchain protocols, such as Polkadot, that focuses on interoperability; decentralised storage network Filecoin; Pravika, an email and communications software; ViewBase, an analytics platform for cryptocurrency merchants; and Xanpool, automated P2P crypto for the fiat platform.

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.