Articles 31 May 2022

May2022: Notable Fundraises

 

US$2.019B has been raised in various fundraising rounds by these 13 start-ups. Catch the full story...

US$2.019B has been raised in various fundraising rounds by these 13 start-ups:

Rario (India), a digital collectables platform for cricket fans to buy, sell and trade cricket NFTs, raised USD120m series A, with active investments from Dream Capital (VC Arm), Animoca Brands and Alpha Wave Global.

Moladin (Indonesia), motorcycle e-commerce platform, raised USD95m series B, with active investments from DST Global, Global Founders Capital and Sequoia Capital India.

BandLab (Singapore), social music-making platform, raised USD65m series B, with active investments from Cercano Management, Vulcan Asset Management, K3 Ventures.

Trustingsocial (Vietnam), provider of consumer credit score, raised USD 65m series C, with active investment from Masan Group.

Believe (Singapore), manufacturer of personal care products,  raised USD 55m series C, with active investments from IIFL Asset Management, Venturi Partners, and Jungle Ventures

Zipmex (Indonesia), an operator of digital asset exchange platform, raised USD52m late stage VC, with active investments from Krungsri Finnovate, TNB Aura, B Capital Group.

BandLab (Singapore), social music-making platform, raises USD65m series B, with active investments from Cercano Management, Vulcan Asset Management, K3 Ventures.

Jungle (Singapore), venture capital firm based in Singapore, raised USD00m Fund IV, with active investment from Temasek, IFC, FMO, DEG, StepStone Group.

eastventures (Indonesia), an indonesia-focused venture capital firm, raised USD550m, with active investments from Z Holding Group.

xendit (Singapore), a fintech company providing payment infrastructure, raised USD300m series D, with active investments from Accer, Tiger Global, Coatue, and Insight Partners.

supabase (Singapore), an open-source alternative to Google’s firebase, raises USD80m series B, with active investments from Felicis Ventures, Coatue, and Light Speed.

Nextbillion.ai (Singapore), an industry-leading spatial data + AI platform, raises USD 21m series A, with active investments from Mirae Asset Capital, Lightspeed Venture Partners, M12, Alpha Wave Global.

NodeReal (Singapore), a blockchain and Web3 technology startup company, raises USD16m series A, with active investments from Sky9 Capital.

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