This year has been a breakout one for micro-financing startups in Southeast Asia, which are becoming among the most funded within the region’s fintech space. Next in line to raise capital is First Circle, an SME-lending service that’s based in the Philippines which has pulled in $26 million as it begins to consider regional expansion […]
View More Philippines SME lending startup First Circle raises $26M ahead of regional expansionCategory: venturra capital
Korea’s Naver backs Southeast Asia-based e-commerce startup iPrice
iPrice, an e-commerce aggregation service in Southeast Asia, has landed a strategic investment from Naver, the Korean internet giant valued at over $21 billion, as part of a follow-on to the startup’s $4 million Series B from May. There’s actually a strong connection around that recent round. It was led by Line Ventures, the investment arm […]
View More Korea’s Naver backs Southeast Asia-based e-commerce startup iPriceSoutheast Asia e-commerce startup iPrice raises $4M led by chat app Line’s VC arm
iPrice, a service that aggregates Southeast Asia’s e-commerce websites in a single destination, has pulled in new funding led by messaging app Line’s VC arm, Line Ventures. The round is officially undisclosed, but TechCrunch understands from a source close to negotiations that it is worth around $4 million. Existing iPrice backers Cento Ventures (formerly known as […]
View More Southeast Asia e-commerce startup iPrice raises $4M led by chat app Line’s VC armGenetics testing startup Prenetics buys UK’s DNAFit to move into consumer services
Prenetics, a Hong Kong-based startup that offers genetic testing services for patients, is expanding outside of Asia and into the consumer space after it acquired London-based company DNAFit. The deal — which a source told TechCrunch is worth $10 million — not only sees Prenetics enter new geographies, but also expand the scope of its services. […]
View More Genetics testing startup Prenetics buys UK’s DNAFit to move into consumer services