East Ventures’ six startups listed in Forbes Asia 100 to Watch 2023 list
A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups that are targeting underserved markets or applying new technologies, from generative AI to blood-based cancer diagnostics.
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.
Investment keeps pace, East Ventures looks deeper into startup fundamentals
The global supply chain crisis from the Russo-Ukrainian war and the tightening policies by the Chinese government have resulted in many central banks worldwide raising their benchmark interest rates, and the capital market is more gloomy than it was in the middle of last year.
Riding the prospect of the rising creator economy
Although many giant global social platforms have been in Indonesia for several years, there is still room to grow for local players in seizing opportunities in Indonesia’s creative industry. The industry is fuelled by a growing young population, which accounts for 53.81% of the population.
TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures
TipTip, a one-stop platform for content creators across Southeast Asia, today announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever. This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV, and prominent family offices.