Greater China
Pinnacle Microwave will use the proceeds to upgrade its products as well as in R&D.
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Farm-to-table startup Secai Marche scores $1.6m in Series A funding
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Thai insurtech startup Eazy Digital closes seed round led by Wavemaker
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Indonesian agritech firm EdenFarm raises $13.5m in pre-Series B round led by Telkomsel
Malaysia
The round was backed by The Agribusiness Investment and Consultation Co, Spiral Ventures Asia Fund, and Beyond Next Ventures.
Singapore
Marketplaces KREAM and SneakersLAH backed the funding round.
The state-run Mixed-ownership Reform Fund invested in the round.
India
CapGrid’s round also saw participation of existing investors Axilor and Anicut Capital.
Indonesia
The round also saw participation from AppWorks, AC Ventures, Capria Ventures, among others.
It is setting up offices in the region’s key markets of Indonesia, Vietnam, and India.
CCV closed its second fund in 2020 with a corpus of over $300m.
Thailand
The round, which was oversubscribed, received the backing of Switzerland’s Seedstars International Ventures.
The company, founded in 2015, said its business is “no longer commercially viable”.
