Southeast Asia Startup

Press Release

Entrepreneur Wants to Freshen Indoor Air Biz with Technology

He took the idea for a business out of air. So did Dustin Jefferson Onghanseng begin his journey into building a business that banked on the one thing that marked his generation: digital technology. It also helped that Onghanseng, now 34, was grappling with “indoor…
Press Release

Airfrov Secures US$500K from East Ventures

Airfrov Secures US$500K from East Ventures 19 June 2017 Airfrov, a peer-to-peer marketplace for overseas products, has received US$500,000 in pre‐Series A funding round led by existing investor leading VC firm East Ventures. Several angel investors, including Carro CEO Aaron Tan, have also contributed to…
Press Release

99.Co Announces US$7.9 Million Funding

99.Co Announces US$7.9 Million Funding 7 April 2017 Singapore headquartered 99.co announces USD $7.9M (~SGD$11M) in latest round of financing. Investors leading the round are Sequoia Capital and Eduardo Saverin, who are existing investors in the company. Other existing investors East Ventures and 500 Startups…
Press Release

Dahmakan Raises US$1.3 Million for an Organized Food Delivery

Dahmakan Raises US$1.3 Million for an Organized Food Delivery 19 February 2017 Dah Makan has become the first food-delivery startup to raise significant capital in Southeast Asia this year, bringing some fire back to what has been a popular niche for local investors. The company…
Press Release

East Ventures Raises US$27.5 Million Seed Fund for Southeast Asia

East Ventures Raises US$27.5 Million Seed Fund for Southeast Asia 12 January 2017 One of Southeast Asia’s longest-serving seed-stage investors has reloaded its coffers for more deals after East Ventures closed its fifth fund, worth $27.5 million. The Singapore-based firm has been active since around…