Funding Rounds February 2021 Week 1
From Indonesia and Southeast Asia
INDONESIA
ULA
A wholesale e-commerce marketplace that provides working capital and inventory sourcing for SMEs
Round Size: $20M Series A
Lead Investor(s): B Capital Group, Quona Capital
CREDIBOOK
A digital accounting app aiming to help people keep track of their AP/ARs.
Round Size: $1.5M Seed
Lead Investor(s): Wavemaker Partners
GAJIGESA
A fintech platform that provides member employees with financial management tools such as earned wage access and financial education
Round Size: $2.5M Seed
Lead Investor(s): Defy, Quest Ventures
BUKU WARUNG
An accounting app for micro enterprises
Round Size: Undisclosed
Lead Investor(s): Rocketship.vc
PASAR POLIS
A tech platform for customized and affordable insurance products
Round Size: $5M
Lead Investor(s): International Finance Corporation
OY
A fintech app that allows users to transfer money directly from debit cards, view bank account balances/statements, and offer various financial products
Round size: Undisclosed
Lead investor: Investree
GREEN BUTCHER
Aplant-based meat startup
Round size: $2,000,000 Seed
Lead investor: Teja Ventures
SELECT SEA TRANSACTIONS
GRAB
A super app that provides transportation, logistics and financial services
Round Size: $20B debt facility
Lead Investor(s): Undisclosed
FUNDING SOCIETIES
Online P2P financing platform that connects SMEs with retail and institutional lenders
Round Size: $6M debt financing
Lead Investor(s): Lendahand
PACE
An online payment platform that allows users to shop for more with no interest or hidden fees
Round Size: Undisclosed Seed
Lead Investor(s): Alpha JWC Ventures, Vertex Ventures
BOT MD
An AI-powered clinical assistant trained on hospital-specific content
Round Size: $5M Series A
Lead Investor(s): Monk’s Hill Ventures
QAPITA
Digital equity management startup
Round Size: $1.8M Seed
Lead Investor(s): East Ventures
ORDEREZ
An F&B platform that helps suppliers manage their inventory and track order fulfilment
Round Size: $375M Seed
Lead Investor(s): Saxby Capital, Intuitive Australia