Funding Rounds December 2021
From Indonesia and Singapore
CLOSED FUNDING ROUNDS
INDONESIA
DESTY
A social commerce website builder.
Round size: $5,000,000 (pre-series A)
Lead investor: East Ventures
GAJIGESA
An employee management platform that offers earned wage access (EWA) services.
Round size: $6,600,000 (pre-series A)
Lead investor: MassMutual Ventures
FLIP
Fintech platform offering financial services including transfers.
Round size: $48,000,000 (series B)
Lead investor: Sequoia Capital India, Insight Partners, and Insignia Ventures Partners
CAKAP
Indonesia-based language edtech firm.
Round size: $10,000,000 (series B)
Lead investor: Heritas Capital, Centauri Fund
FUSE
An insurtech company.
Round size: $23,000,000 (series B+)
Lead investor: East Ventures, GGV Capital, Emtek, eWTP Technology & Innovation Fund
LEMONILO
Startup producing healthy consumer goods.
Round size: $36,000,000 (series C)
Lead investor: Sofina
PTS.SC
A supply chain solution for direct-to-consumer (DTC) brands.
Round size: undisclosed (pre-series A)
Lead investor: East Ventures
OTOKLIX
An automotive aftermarket services platform.
Round size: $10,000,000 (series A)
Lead investor: Alpha JWC Ventures and AC Ventures
AGRIKU
An Indonesian-based agritech startup.
Round size: undisclosed (Seed)
Lead investor: Arise (collaborative fund from MDI Ventures & Finch Capital)
TOKOCRYPTO
Crypto assets exchange.
Round size: undisclosed
Lead investor: Signum Capital
PITIK
An Indonesia-based poultry startup.
Round size: undisclosed (Seed)
Lead investor: Arise, Wavemaker Partners
KEYTA
Keyboard app.
Round size: undisclosed (seed)
Lead investor: Indonesia Women Empowerment Fund
KOPI KENANGAN
Coffee chain firm.
Round size: $96,000,000 (Series C)
Lead investor: Tybourne Capital Management
YGG SEA
NFT gaming guild.
Round size: $15,000,000 (seed)
Lead investor: Crypto.com Capital
SINGAPORE
ENDOWUS
Wealth management platform.
Round size: $27,000,000 (unknown)
Lead investor: Prosus Ventures and EDBI
YOUTRIP
A multi-currency mobile wallet.
Round size: $30,000,000 (series A)
Lead investor: Undisclosed
BIG TINY
A wellness hospitality company that offers tiny house rentals.
Round size: $3,000,000 (pre-series A)
Lead investor: Koh Boon Hwee
SPEQTRAL
A spacetech startup.
Round size: $8,300,000 (undisclosed)
Lead investor: Xora Innovation
CARRO
An online used car marketplace.
Round size: $100,000,000 (series C extension)
Lead investor: Temasek and Malaysian state-backed fund manager (PNB)
TABLEVIBE
A platform for restaurants to capture feedback.
Round size: $1,500,000 (seed)
Lead investor: Global Founders Capital
QAPITA
AI solutions for energy management.
Round size: undisclosed (series A)
Lead investor: Citi
CASA MIA COLIVING
A coliving operator offering private bedrooms in shared homes.
Round size: $400,000(pre-seed)
Lead investor: Citi
WISE EGG
A financial services marketplace.
Round size: undisclosed (pre-series A)
Lead investor: Genesia Ventures
LINGOACE
Ed-tech platform focused on passive language teaching.
Round size: $105,000,000 (series C)
Lead investor: Owl Ventures
XEN CAPITAL
Wealth management platform.
Round size: $7,500,000 (series A)
Lead investor: Headline Asia
KINOBI
Edtech platform that helps college students enter the professional world.
Round size: $1,000,000 (seed)
Lead investor: undisclosed Indonesian CVC
TYME
A digital banking group with operations in Singapore, Vietnam, and South Africa.
Round size: $70,000,000 (additional series B)
Lead investor: Tencent, CDC Group
CLOUDSEK
A cybersecurity startup.
Round size: $7,000,000 (series A)
Lead investor: MassMutual Ventures
UPMESH
Singapore-based live commerce enabler.
Round size: $7,500,000 (pre-series A)
Lead investor: Monk’s Hill Ventures
SEALED NETWORK
Connecting organizations with expert insights.
Round size: undisclosed (pre-series A)
Lead investor: Quest Ventures
HIREQUOTIENT
HR tech company.
Round size: $1,800,000 (pre-seed)
Lead investor: Binny Bansal
CARGENE
Bio-pharmaceutical company.
Round size: $19,200,000 (seed)
Lead investor: BioTrack Capital
ARCHES
A human capital sharing platform.
Round size: $1,600,000 (seed)
Lead investor: Globe Advisors Ventures, Hakuhodo DY Ventures, Uzabase, Rocking Horse
NANSEN
A blockchain analytics platform.
Round size: $75,000,000 (series B)
Lead investor: Accel
ABILLION
Sustainable social commerce platform.
Round size: $10,000,000 (series A)
Lead investor: 1/0 Capital
BANDLAB
A cloud music platform.
Round size: $53,000,000 (series B)
Lead investor: Vulcan Capital
SOLSCAN
A Solana block explorer and data analytics firm.
Round size: $4,000,000 (Seed)
Lead investors: Multicoin Capital, Electric Capital
RUSHOWL
Smart mobility firm.
Round size: $479,970 (seed)
Lead investor: Silicon Solutions Partners
ALMOND FINANCE
A blockchain-based money transfer service based in Boston and Singapore.
Round size: $2,000,000 (seed)
Lead investor: Morningside Group
CYBERHASH
A blockchain-based distributed storage startup.
Round size: $20,000,000
Lead investor: Lemon