Funding

GIC Leads Chainalysis’ US$170 Million Series F, Doubling Its Valuation to US$8.6 Billion

Chainalysis, a New York-based blockchain data platform, announced a US$170 million Series F financing led by Singapore’s sovereign wealth fund GIC, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company,

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Indonesian Insurtech Qoala Raises US$65 Million in Series B

Indonesian insurtech startup Qoala announced that it has successfully raised US$ 65 million in a Series B funding round led by European investment firm Eurazeo. With the new funds, Qoala aims to add over 250 employees this year with a

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Insurtech Firm CoverGo Secures US$15 Million in Series A Fundraise

Insurtech firm CoverGo announced it has secured US$15 million in a Series A funding round. The fundraise was led by California-based SemperVirens VC with participation from US venture capital firms SixThirty, Tribeca Early Stage Partners and Fresco Capital. Strategic investors

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Indonesia’s East Ventures Raises US$550 Million for Its Latest Fund

East Ventures, an Indonesia-focused venture capital firm, has raised a total of US$ 550 million in the final close of its latest funds. The venture firm said that it will allocate US$ 150 million for early-stage deals and US$ 400

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SC Ventures Partners SBI Holdings to Expand Investment Portfolio and Global Footprint

Standard Chartered’s innovation, fintech investment and ventures arm SC Ventures announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings. The MOU was inked to expand both their portfolios at a business and geographic level as

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Vietnamese Fintech Trusting Social Bags US$ 65 Million Investment From Masan Group

Trusting Social, a Vietnam-based AI-powered credit scoring platform, announced that it has secured US$ 65 million for the initial close of its Series C funding round from The Sherpa Company, a subsidiary of Masan Group. According to DealStreetAsia, Masan now

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Finbots.AI Secures US$3 Million in Series A Funding Round From Accel

Finbots.AI, an AI-powered credit scoring software provider, announced it has raised a US$3 million Series A funding round. This round saw the participation of a single investor – Accel, that made this investment from its Fund VII and this marks

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Gobi Partners, Ozora Launch US$10 Million Fund for Indonesian Female Founders

Venture capital (VC) firms Gobi Partners and Ozora Yatrapaktaja have partnered to launch a US$10 million seed fund for women-led startups in Indonesia, called the Ratu Nusa Fund. The fund will support seed-stage and pre-Series A companies focused on health

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Fraud Prevention Firm SEON Raises US$94 Million Series B

SEON, a London-based startup that powers online fraud prevention, announced that it has raised US$94 million in Series B funding. The round was led by Silicon Valley-based IVP with participation from existing investors Creandum and PortfoLion, as well as, angel

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Indian Crypto Exchange CoinDCX Raises Over US$135 Million in Series D Fundraise

Temasek-backed Indian cryptocurrency exchange CoinDCX announced that it has raised over US$ 135 million in an oversubscribed Series D funding round. The round was led by Pantera and Steadview with strong participation from prominent investors like Kingsway, DraperDragon, Republic, and

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