Investible launches $100M AUD fund for early-stage climate tech startups

Investible, the Sydney-based early-stage venture firm known for investments in Canva and other top Australian startups, announced today it is raising a $100 million AUD (about $72.3 million USD) Climate Tech Fund. This is the first time Investible has launched a sector-focused fund. It’s first two funds, including a $50 million AUD one closed earlier […]

Netflix acquires its first games studio, “Oxenfree” developer Night School

Night School Studio, the independent game developer known for narrative-driven titles like “Oxenfree,” announced today it has been acquired by Netflix. This makes it the first games studio the streaming giant has purchased. In Netflix’s announcement, Mike Verdu, vice president of game development, wrote Night School’s “commitment to artistic excellence and proven track record make […]

Indonesian ID and data verification startup Verihubs gets $2.8M led by Insignia Venture Partners

For many financial institutions in Southeast Asia, verifying new customers takes a week or two, said the founders of Verihubs. The startup cuts that time down to as little as five seconds, using AI-based identity authentication technology and APIs that let companies continue verifying returning customers through SMS, WhatsApp or flash calls. Verihubs announced it […]

Aspire raises $158M Series B to build a full-stack “financial operating system” for Southeast Asian businesses

Aspire, the Singapore-based neobank that wants to become an “end-to-end financial operating system” for Southeast Asian businesses, is moving closer to its aspirations with a $158 million Series B. The round consisted of $58 million in equity and $100 million in debt, and was led by an undisclosed global fintech-focused growth equity investor, with participation […]

Indonesian halal-focused social commerce startup Evermos lands $30M Series B

Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online stores without spending capital and to help small brands grow into household names. The company, which focuses on halal products and other items for Muslim customers, announced today it has raised a $30 million Series B, […]

Online events platform Delegate Connect gets $10M AUD led by AirTree

Delegate Connect is the latest virtual/hybrid events platform to land funding. The Melbourne-based startup announced today it has raised $10 million AUD (about $7.3 million USD) in seed funding led by AirTree Ventures, which wrote Delegate Connect the biggest seed check in the fund’s history so far. Other participants included Skip Capital, TEN13 and Australian […]

Chaldal, Bangladesh’s largest grocery delivery platform, raises $10M Series C

Founded in 2013, Bangladesh’s Chaldal was one of the first grocery delivery startups in the world to use the “dark” store model, picking up orders from its own warehouses instead of retail stores. Now the company says it is the country’s second-largest grocery player and the largest grocery e-commerce platform, with 27 warehouses located in […]

Indonesia-based Rey Assurance launches its holistic approach to insurance with $1M in funding

Health insurance is the kind of thing people usually only think about only when they need it. Otherwise, their policies are just paperwork in their files or cards in their wallet. Indonesian insurtech Rey Assurance is taking a new approach. Once someone becomes a member, they also get access to a platform of health services, […]