Prep, a Vietnam-based language learning EdTech, raised US$ 1 million co-led by East Ventures and Cercano Management
Prep, the Vietnam-based online learning platform that specializes in standardized language test preparation, today announced that it has raised US$ 1 million co-led by East Ventures and Cercano Management. This round of funding will further strengthen Prep’s balance sheet, bringing the total funds raised by Prep to US$ 2 million, including the US$ 1 million invested by Touchstone Partners earlier in 2022.
Social Bread, an Indonesia-based digital marketing marketplace, has officially launched following its US$ 400,000 of seed funding led by East Ventures
Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly Small and Medium Enterprises (SMEs), has officially launched. The launch of this event was held in Social Bread Hub at The Breeze BSD City, Tangerang. During the same occasion, Social Bread also announced the completion of its US$ 400,000 of seed funding led by East Ventures. This round of funding is also participated by Living Lab Ventures. This fresh fund is to develop a differentiated technology platform to impact its merchant ecosystem. Social Bread is building a differentiated live shopping experience so that it will scale and boost merchants’ sales by at least 10 times within one year.
Bababos, Indonesia-based raw material procurement startup, secured pre-seed funding led by East Ventures
Bababos, Indonesia-based raw material procurement platform for small and medium enterprises (SME) manufacturers, today announced the pre-seed funding led by East Ventures, the leading and pioneering sector-agnostic venture capital firm in Indonesia.
Vietnam-based telehealth platform Medigo bags US$ 2 million in series A funding led by East Ventures
Medigo, a Vietnam-based telehealth platform that provides on-demand medicine prescription and delivery services, has successfully raised US$ 2 million in a series A funding round led by East Ventures, with the participation from Pavilion Capital and Touchstone Partners. With the added capital, Medigo plans to strengthen its services and develop a healthcare ecosystem in Vietnam.
Peris.ai, a cybersecurity as a service startup, secured funding led by East Ventures
Peris.ai, Indonesian-based cybersecurity as a service startup, today announced the new funding led by East Ventures, the leading and pioneering sector-agnostic venture capital firm in Indonesia. Magic Fund also participated in this funding. Peris.ai will allocate the fresh fund mainly to further build and enhance its cybersecurity platform, train machine learning and AI capabilities, and nurture the ethical hacker community.
Manufacturing startup Imajin received Seed funding led by East Ventures
Imajin, a manufacturing startup based in Tangerang, Indonesia, announced that it has secured seed funding led by East Ventures, along with the participation of 500 SEA, Init 6, as well as other investors and angel investors. Imajin will allocate this funding to develop its products and services, improve the recruitment, and expand its domestic and international market coverage.
FLIK, a unified checkout solution, secured the US$ 1.1 million of pre-seed funding led by East Ventures
FLIK, an Indonesian-based startup that provides a unified checkout solution, announced that it had secured US$ 1.1 million of pre-seed funding led by East Ventures, with the participation of Init-6, GMO VenturePartners, and Saison Capital.
TipTip announces over US$ 13 million series A funding round led by East Ventures
TipTip, a monetization platform for content creators in Southeast Asia, secured its US$ 13 million Series A funding round, following the startup’s US$ 10 million seed round funding earlier this year. The Series A funding was led by East Ventures with continued participation from Vertex, SMDV, B.I.G. Ventures and prominent angels.