How tech startups navigate the business in the global uncertainty
Lately, the promising future offered by the tech industry has been clouded by several issues, ranging from declining valuations to massive employee cuts. Global uncertainty is heightened by several downside risks, such as rising inflation, US interest rate hikes, energy and food price volatility, and the geopolitical threats from the Russia - Ukraine war.
McEasy closes US$6.5 million series A funding led by East Ventures
McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised US$6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures.
Fresh Factory, an integrated cold chain fulfillment and enabler startup, secured US$ 4.5 million of seed funding led by East Ventures
Fresh Factory, a cold chain fulfillment startup, has secured US$ 4.5 million of seed funding led by East Ventures, with the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetya Dwidarma, Number Capital, Y Combinator, and angel investors.
Biteship, Indonesia-based e-commerce logistic solutions startup, secured seed funding co-led by East Ventures and Beenext
Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, today announced that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.
Inteluck, technology-driven logistics platform in Southeast Asia, announced US$ 15 million series B funding
Inteluck, a Southeast Asian technology-driven logistics platform, said today that it has raised US$15 million in a Series B fundraising round. Creo Capital, a Hong Kong-based investment firm under New World Group, spearheaded the investment. East Ventures and Headline Asia are among the investors in this round. Favour Capital, a TMT boutique investment bank focused on China and Southeast Asia, served as the round's exclusive financial advisor.
East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022
Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.
McEasy, smart logistics tracking and management startup, secured US$1.5 million of seed funding from East Ventures
a startup providing SaaS (Software-as-a-Service) digital solutions for logistics vehicle management and tracking, announced an US$1.5 million (approximately IDR 22 billion) seed funding round from East Ventures earlier today.
Ng Yi Ying of AllSome Fulfilment on Cracking the Cross-Border Logistics Challenge
AllSome Fulfillment provides logistics service like virtual warehouse and fulfillment services for Southeast Asian online sellers.