
Southeast Asian Startups Face Capital Shortage as Investment Shifts to US and China
Rising capital costs, opaque bureaucracy, and scandals in Indonesia compounded the post-pandemic funding retreat.
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42 stories in this topic

Rising capital costs, opaque bureaucracy, and scandals in Indonesia compounded the post-pandemic funding retreat.

The domestic footwear label secured new investment to scale operations and accelerate its distribution across India.

The Singapore startup plans to direct fresh capital into its machine-learning tools and cross-border regional expansion.

The creator commerce platform will direct the capital toward scaling brand integrations and expanding creator tools across major online marketplaces.

Vietnamese coffee brand, Every Half, has recently raised a total of US$8 million in a Series A funding round. The considerable investment comes courtesy of existing investors Openspace Capital and DSG Consumer Partners. The new capital will be used to…

Pickup Coffee, a budget coffee chain based in the Philippines, is reportedly seeking additional funding. This endeavor includes issuing up to $8 million in convertible notes to Venturi Partners and new investor Antler. The Equity Fundraising It is believed…

Jago Coffee, an Indonesian-based mobile coffee startup, recently secured a significant financial boost of US$12.5 million in a Series B funding round. This recent round of funding will enable the company to progress with its expansion plans. The focus is on…

Jago Coffee, an Indonesian mobile coffee service, recently raised $12 million in a Series B funding round bringing its total capital to over $20 million. The company is known for dispensing reasonably priced beverages from fully electric carts, making it an…

Coolmate, a Vietnamese brand known for its digital-first approach in fashion, has successfully completed its latest Series C financing. The specific details of the funding have been kept under wraps, but it is understood that the funds will be used to fuel…

Flash Coffee Secures $3 Million in Funding to Accelerate Expansion in Indonesia Investment Fuels Ambitious Growth Strategy Flash Coffee has successfully raised $3 million in a recent funding round, spearheaded by TA Ventures and supported by White Star…

Electric scooter rental firm Dott said on Tuesday it had raised an extra $70 million which it will use to roll out new e-bikes, expand into new cities and countries and offer more services. Amsterdam-based Dott had announced $85 million in the Series B…

The Singapore-based startup has secured one of the largest Series A funding rounds to date in the country, which will allow it to expand in Southeast Asia. Spenmo has announced a $34 million raise in a Series A investment round led by New York-based private…

Australian vitamin retailing disruptor Vitable has secured $5.5 million in a series A funding round, drawing interest from a raft of recognized investors including Germany’s Rocket Internet, parent of Global Fashion Group and Hello Fresh, among others.…

Vietnamese e-wallet provider Gpay has received an undisclosed amount in Series A funding from South Korean listed bank KB Financial Group. The Series A round values the digital payment business at VND425 billion ($18.46 million), and the fresh funds will be…

The ongoing coronavirus outbreak has caused capital flows into mainland China’s startups to plunge 60 percent year-to-date. Year-to-date, Chinese startup fundraising registered $1.79 billion from a 6-year low of 168 deals – a major plunge from last year’s…

Chinese maternal and child-care social-shopping site Beidian has attracted RMB860 million (US$126 million) in funding from leading investment firms. Hillhouse, Xiang He and Sequoia Capital are among the high-profile funders backing the social commerce…
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