Catherine Shu
Writer
The Latest from Catherine Shu
Buy now, pay later startup Kredivo doubles its debt facility from Victory Park Capital to $200M
Kredivo announced today it has secured another $100 million debt facility from Victory Park Capital (VPC). This doubles the Indonesian digital lending and credit platform’s total warehouse financing
Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures
MFast, a mobile app that lets Vietnamese users in remote areas access financial services, announced today it has raised a $1.5 million pre-Series A. The round was led by Do Ventures, with participatio
GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent
Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. Today GrowSari, a startup that is digitizing sari-sari store
eqtble, a platform that uses data analytics to create healthier workplaces, raises $2.7M seed
“People are the backbone of any organization. People are more important than the product. Without people, you don’t have a product,” says Joseph Ifiegbu, who is Snap’s former head of human res
Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startup
When Richard Joffe moved his family to Australia in 2019, he said applying for home insurance “was like traveling back in time 30 years.” “I found the sign-up process painful, the fine print was
Early-stage venture firm The Fund launches in Australia
The Fund, the early-stage investment firm focused on pre-seed and seed startups, is going Down Under for its latest expansion. The Fund was founded in New York in 2018, before launching in Los Angeles
Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners
Macrometa, the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. The round was led by Pelion Venture Partners, with participation f
Golden Gate Ventures forecasts a record number of exits in Southeast Asia
Despite the pandemic’s economic impact, Southeast Asia’s startup ecosystem has proven to be very resilient. In fact, a new report from investment firm Golden Gate Ventures predicts a record number
Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2
Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants incl
Corporate services “superapp” Osome lands $16M Series A
Osome, a startup that combines multiple corporate services for SMEs into one “superapp,” has raised a $16 million Series A. The round included returning investors Target Global, AltaIR Capital and
Dracula Technologies turns ambient light into energy with printed solar cells
Internet of Things devices are proliferating, making daily tasks more convenient for many people — but that comes at a cost. The United Nations expects the amount of e-waste created globally to reac
BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater
BukuWarung, a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, ma
Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platform
Many of the highest-profile English tutoring platforms focus on children, including VIPKID and Magic Ears. Ringle created a niche for itself by focusing on adults first, with courses like business Eng
Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M
Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are proliferating around the world. Today, Indonesian EWA startup wagely anno
BuyerAssist launches with $2M in funding to help B2B sales teams keep their buyers engaged
Selling enterprise software is much more complicated than convincing a potential customer that your solution is the best and signing a contract. A recent Gartner study found that buying groups for B2B
Endua creates hydrogen-powered clean energy storage, using tech from Australia’s national science agency
Hydrogen-based generators are an environmentally friendly alternative to ones powered by diesel fuel. But many rely on solar, hydro or wind power, which aren’t available all the time. Brisbane-based
Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF
Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group
Line to launch digital banking platform in Indonesia [updated]
Line Corporation, best known for its messaging app, will launch a digital banking platform in Indonesia this month. This means Japan-based Line Corp. will offer banking services in three of its bigges
Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors
Zenyum, a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused
By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens
Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsi