SE Asia Dealbook: Hubble snags funds led by OSK Ventures; Panta Capital backs Rembuyung

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By Sarah Yuniarni

August 19, 2020

Singapore-based construction management and data analytics startup Hubble has secured an undisclosed investment from Malaysia’s PE firm OSK Ventures International while Indonesian fertiliser producer Rembuyung has snagged $596,719 in seed funding from Jakarta-based newly-launched private equity firm Panta Capital.

Hubble secures undisclosed funding from OSK Ventures

Singapore-based construction management and data analytics startup Hubble has secured an undisclosed investment from Malaysia’s PE firm OSK Ventures International Berhad, the company announced on Wednesday.

Founded in 2016, Hubble’s integrated software automates traditional construction processes on-site. Hubble’s platform helps tracking, optimising, and automating the management of the projects’ workforce, cash flows, materials and equipment.

Hubble snagged a $3.6-million funding round led by Tin Men Capital in June this year. After launching in Malaysia, the startup plans to enter Thailand, Vietnam, and Indonesia markets.

Indonesia’s Rembuyung secures seed funding from Panta Capital 

Indonesian fertiliser producer startup Rembuyung has secured $596,719 (Eur 500,000) in seed funding from Jakarta-based newly-launched private equity firm Panta Capital, the company said on Wednesday.

Rembuyung develops enzyme fertiliser products that aim to increase farm yield.

Headquartered in Jakarta, Panta Capital also launched PE co-investment services focused on raising private equity investment from Europe to co-invest in companies and projects in Indonesia. The firm previously invested $1 million in coffee chain startup Kopi Mantan.

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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.
APPLY NOW

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.
APPLY NOW