2018 VC investment into crypto startups set to surpass 2017 tally

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Where did venture capitalists go to college? ICOs delivered at le

Malaysia’s capital will adopt ‘smart city’ platform from Alibaba

Alibaba’s cloud computing business is to deploy its big data services package for cities in Kuala Lumpur to help Malaysia’s government with the running of its capital city and potentially

StoreHub lands $5.1M help SMEs in Southeast Asia digitize their business

StoreHub, a startup that helps retailers digitize their business, has closed a $5.1 million Series A round led by Vertex Venture to expand in Southeast Asia. The startup was founded in 2014 and it off

Malaysia’s Dahmakan chows down $2.6M for its end-to-end food delivery service

Dahmakan, a food delivery startup from Malaysia that graduated Y Combinator last year, has raised $2.6 million as it begins to explore the potential to expand its business across Southeast Asia. The s

Kaodim raises $7M for its home services platform in Southeast Asia

There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million. Founded thre

Payment firm Soft Space raises $5M to expand in Southeast Asia and Japan

Soft Space, a payment provider in Southeast Asia, has closed its $5 million Series A as it looks to expand across the region, and potentially into Japan. Kuala Lumpur, Malaysia-based Soft Space work

Media Prima buys Rev Asia for $24M to create Malaysia’s largest digital media platform

The U.S. isn’t the only market where media companies are consolidating to offer an advertising platform to rival Facebook and Google. While AOL (which owns TechCrunch) is in the process of acqui

Swingvy raises $1.1M to give HR staff in Southeast Asia a break from paperwork

Human resources paperwork is never fun to take care of—especially if it’s literally on paper. Swingvy co-founder Jin Choeh says that in Southeast Asia, many small businesses are still stuck with p

Alibaba plays politics with new cross-border e-commerce initiative in Malaysia

Alibaba is planting another flagpost in Southeast Asia. Unlike its $1 billion acquisition of Lazada last year, the Chinese giant is making political moves after it announced a joint partnership with

P2P mobile payment app Tapp raises $9 million to tap into the cash economy in Southeast Asia

Mobile phones have emerged as the dominant alternative payment method to cash for buying and selling goods and services in emerging markets. And with a service akin to alternative payment providers li

Report: Southeast Asia’s internet economy to grow to $200B by 2025

There isn't a lot of data on the potential of technology in Southeast Asia, which is why many in the industry have been excitedly flipping through a new report released today by Singaporean sovereign

Southeast Asia financial comparison startup Jirnexu lands $3M to expand to digital banking services

Malaysia-based fintech startup Saving Plus has closed a $3 million Series A round and renamed itself as Jirnexu.

Gobi Partners and MAVCAP launch a $14.5M seed fund for Southeast Asian startups

Gobi Partners has partnered with Malaysia Venture Capital Management Berhard (MAVCAP), which claims to be the country’s largest venture capital firm, to launch a $14.5 million fund dedicated to seed

Malaysia-based Nuren Group raises $2M for its wedding and parenting sites

Nuren Group, a Malaysian-based company that runs community and e-commerce sites for women, has raised a $2 million Series A led by Gobi Partners.

Malaysia-based RecomN, which helps customers find providers for important projects, raises $1M

RecomN, a platform that helps Malaysian and Indonesian users find service providers for important projects, will enter new Southeast Asian markets after raising $1 million in seed funding from Gobi Pa

Automobile platform Carsome raises $2M to expand in Southeast Asia

Carsome, a Malaysia-based platform that connects car dealers with buyers and sellers, is gearing up to enter new markets in Southeast Asia after raising a $2 million Series A. The round was led by Ide

Neumob Wants To Increase Mobile App Speeds In Southeast Asia

Millions of people in Southeast Asia are going online for the first time through their smartphones. The region’s “mobile-first” approach makes it especially attractive for e-commerce, social net

Hermo, One Of Southeast Asia’s Top Beauty Sites, Lands $2M Series A

Browsing for beauty products should be relaxing, but anyone who has visited a makeup counter knows that you often weather a deluge of upselling before finally escaping with a purchase. Hermo, a Malays

Malaysia-based GlassesGroupGlobal Gets $3M To Tackle European Markets

GlassesGroupGlobal, a Kuala Lumpur-based eyeglass retailer founded by a former Rocket Internet executive, is eyeing expansion across Asia and Europe with its recently closed $3 million Series A. The r

SoftBank Invests $250M In GrabTaxi, Uber’s Archrival In Southeast Asia

SoftBank is at it again. Not content with leading a $627 million mega-round for Snapdeal and a $210 million raise for Ola as part of a $10 billion commitment to startups in India, it has now turned it
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