Seed Funding Roundup: Creopop raises capital from Wavemaker Partners, NRF; Singapore Angel Network among investors in Little Black Book

Visual of the 3d pen from the Creopop website

This week has seen a number of startup ventures around the region securing seed funding. Creopop has raised $1.5 million of seed funding in a round led by Wavemaker Partners and the Singapore National Research Foundation. Meanwhile, the Singapore Angel Network participated in the seed funding round of Little Black Book Delhi.

Creopop Seed Round

Singapore-based 3D printing pen inventor CreoPop has raised $1.5 million of seed funding in a round led by Wavemaker Partners and the Singapore National Research Foundation (NRF).

Other investors in the seed round syndicate include Malaysian VC firm Kumpulan Modal Perdana via its E&E Catalyst fund, Ruvento Ventures, Australian 3D printing company 333D and a number of private investors. 333D began negotiations with Creopop in March for exclusive distribution of the product in the Australia & New Zealand (ANZAC) markets.

Founded in January 2013 by Andreas Birnik and Dmitry Starodubtsev, CreoPop’s product is a 3D printing pen. It uses proprietary photopolymer technology to enable the creation of 3-dimensional physical structures, with the ink hardened by LED diodes at the tip. Due to a lack of heating elements, the product is safe for use in domestic setting.

CreoPop has raised more than US$1.7 million, according to data published on Crunchbase. This presumably includes a previous venture funding round which saw participation by 500 Startups and Ruvento Ventures in January 2015.

Creopop had previously raised S$186,000 through a product crowdfunding campaign conducted on Indiegogo. In a Tech in Asia report, Birnik said the funds would go towards covering operating expenses, working capital for inventory and marketing expenses.

With product specifications now defined, Creopop intends to certify the IP of the pen and the proprietary inks it utilises, prior to commencing mass manufacturing and shipping of pre-orders. Shipping is forecast for August 2015.

Birnik stated: “Our mission is to enable people to create whatever they want in a range of different materials as well as colours. So further on, we will be looking to introduce other 3D printing applications beyond the pen.”

Also Read: Singapore-based robotics startup CtrlWorks raises $1.3m seed funding

Little Black Book Seed Round

Indian online city and lifestyle guide Little Black Book Delhi (LBBD) has secured seed funding of $150,000 from an angel investing syndicate. Investors in this seed round includes Rajan Anandan of Google India, Niraj Singh of Outbox Ventures, MakeMyTrip co-founder Sachin Bhatia, Singapore Angel Network and Aseem Vadehra of Vadehra Art Gallery.

Founded in 2012 by Suchita Salwan, Little Black Book Delhi began as a discovery platform for food, events, lifestyle and culture. It currently focusses on curated and recommended listings in the Delhi and Gurgaon region.

“The primary aim of generating this round of funding has been to grow the technology wing of Little Black Book. This investment will go into bettering our content creation, consumption and distribution, expand our reach in the Delhi/NCR region. We also aim to use this investment to start operations in our second city in India,” said Suchita Salwan, CEO of Little Black Book Delhi.

Dhruv Mathur, one of the founders of FBPay, has also joined the LBBD team as the Technical co-founder, focusing on product and analytics,. Mahtur will work on augmenting and enhancing LBBD’s platform. Since launch, LBBD claims to have received 200,000 unique visits per month from the Delhi/NCR region.

They are currently focused on developing their mobile app, which is slated for release in August 2015. .

Related Stories: 

Malaysia’s Captii Ventures invests $520k in Pouch

Indonesia’s Kudo secures Series A funding from media conglomerate Emtek

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.