NEW York-based impact verification and intelligence provider BlueMark has bagged US$10 million in a Series A funding, with Temasek Trust Capital joining as a new investor. S&P Global led the funding round, alongside six other investors. Three new family offices with significant experience in impact investing – Blue Haven Initiative, Gunung Capital and the Tsao Family Office – also joined …

SINGAPORE attracted the most tech startup funding in South-east Asia over the first quarter of 2023, even as the region experienced its lowest quarterly deal value over the past one year. Based on a report by data intelligence platform Tracxn, companies based in the city-state drew in the highest investment value among their peers – US$516 million in funding. Top …

Vietnamese edtech startup MindX has raised $15 million in a series B funding round led by education-focused private equity fund Kaizenvest, according to an announcement. Other investors that participated in the round included Thailand-based education firm Aksorn, Japanese HR firm Mynavi, and exixting investor Wavemaker Partners, which had led the firm’s series A round. MindX also continues to receive debt …

SILICON Valley investment firm Eclipse has raised US$1.2 billion for two new funds, both dedicated to backing startups trying to modernize physical industries. The funds bring the Palo Alto, California-based firm’s total assets under management to US$4 billion, Eclipse announced on Monday (Apr 10). One fund, worth US$720 million and called Eclipse Fund V, will focus on young companies with …

SINGAPORE state investor GIC led a US$129 million Series E round by Quantexa, bringing the UK software company’s valuation to US$1.8 billion. On Tuesday (Apr 4), Quantexa said the majority of its Series D investors also participated in the latest round, with GIC coming on board as a new investor. Participants of the Series E round include Warburg Pincus, Dawn …

JAKARTA — Singapore-based True Global Ventures (TGV) has invested over $24 million in a Series C extension round by Ledger, a French digital asset and Web3 platform, to bolster the startup’s global expansion, according to a statement. The French company raised $108 million in the round, according to media reports, after securing about $380 million in its original Series C …

SINGAPORE-BASED Horizon Quantum Computing has raised US$18.1 million in a Series A funding round with investors including China’s Tencent and Sequoia Capital India. Other investors in the round are deep tech investor SGInnovate, life sciences-focused venture firm Pappas Capital and early-stage investor Expeditions Fund, Horizon announced on Friday (Mar 31). Founded in 2018, Horizon is one of a handful of …

In Southeast Asia, 70% of the population is unbanked or underbanked. Nearly half of the Philippines don’t have bank accounts, while Vietnam’s 70% figure makes it the second-most unbanked population in the world. Firms such as Advance are on a mission to change this. The Filipino startup provides financial services such as salary advances to underserved employees. The firm currently …

PHILIPPINES’ Advance, which provides salary advances and other financial services to workers, has raised US$16 million in pre-Series A funding. The round was led by Do Ventures and Lendable, an investment and debt provider to fintechs in emerging markets. Other participants in the round include new investors Phoenix Holdings, Kaya Founders, Foxmont Capital, Oyster Ventures and Cross Ocean Ventures, as …