Southeast Asia’s fintech funding plunges by 44 per cent in Q1 2024 amid dynamic ecosystem
e27 Optimatic » Startups
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1w ago
SaaS-based market intelligence platform Tracxn recently unveiled its Geo Quarterly Report: SEA FinTech Q1 2024, shedding light on the Southeast Asia (SEA) fintech landscape. Despite the region’s dynamic ecosystem, Q1 2024 witnessed a notable decline in funding, amounting to US$530 million, marking a 44 per cent decrease from the previous quarter and a 13 per ..read more
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Southeast Asia’s key VC players: Investing in Innovation
e27 Optimatic » Startups
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1w ago
Discover the vibrant landscape of Southeast Asian venture capital with a glimpse into the investment strategies of leading VC firms. From Earth VC’s focus on climate-tech solutions to Foxmont Capital Partners’ support for Filipino entrepreneurs, explore how these firms are shaping the region’s startup ecosystem. Earth Venture Capital Earth VC is a global VC firm ..read more
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SEA startups raised US$371M across 42 rounds in March: Tracxn report
e27 Optimatic » Startups
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3w ago
Startups in Southeast Asia raised US$371 million across 42 investment rounds between March 1 and 31 2024, according to research by startup intelligence platform Tracxn. This number is 3.34 per cent higher than the total funding raised in the previous month but is 34 per cent lower than the capital secured in March last year ..read more
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Pitching 101: Questions that VCs will ask you during a pitch session
e27 Optimatic » Startups
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3w ago
This article was first published on December 14, 2021. It is always good to be prepared, especially when you are going to a pitching session with a potential investor –a process that can either make or break your fundraising journey. Even during the pandemic, opportunities to sit down (most likely virtually) with investors and present ..read more
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Chemical-free babycare e-commerce platform Applecrumby raises US$4.2M from 500 Global
e27 Optimatic » Startups
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1M ago
Applecrumby, a babycare brand and e-commerce platform in Malaysia, has raised US$4.2 million in growth investment from 500 Global. The funding will allow Applecrumby to grow its footprint globally, expand its distribution channels, and develop new products under the PureBasics range. Also Read: Looking abroad: Capturing the e-commerce opportunity in SEA “We believe parents should ..read more
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Sharp decline in late-stage deals hits Q1 funding in SEA: Report
e27 Optimatic » Startups
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1M ago
Startups in the Southeast Asian region secured US$816 million in funding in Q1 2024 (till March 15), a 40 per cent decline cent from the previous quarter’s US$1.36 billion and a 13 per cent drop from the US$935 million raised in Q1 2023. The drop is primarily attributed to an 80 per cent decline in ..read more
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Startup investments in Vietnam see 39% drop in Q1
e27 Optimatic » Startups
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1M ago
Startups in Vietnam secured a total of US$35.7 million in funding in Q1 2024 (till March 15, 2024), a 39 per cent decline from US$58.6 million raised in the same period in Q1 2023, according to a report. However, this is a 467 per cent surge compared to the US$6.3 million raised in Q4 2023 ..read more
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Wavemaker Impact backs Elevate Foods that combats food loss and waste
e27 Optimatic » Startups
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1M ago
Elevate Foods, a platform for small- and medium-sized farm-gate processors, has closed a US$525,000 pre-seed funding led by Wavemaker Impact (WMi). Elevate Foods (owned by Singapore-based GBN Food Solutions) will use the capital to establish a network for processed agri-produce. It will also assemble a specialised team focused on sustainable food systems and enhanced quality ..read more
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Late-stage investments in Indonesia plummet to US$5.2M in Q1
e27 Optimatic » Startups
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1M ago
The Indonesian startup sector witnessed a 36 per cent funding decline in Q1 2024 (till March 15, 2024), reveals a Tracxn report. Startups in the archipelago raised US$91.7 million this quarter compared to US$143 million in Q1 2023 and US$440 million in Q4 2023. Also Read: Sharp decline in late-stage deals hits Q1 funding in ..read more
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9Unicorns to facilitate $110M funding for 20 startups at DDAY 5 with 1500+ investors
e27 Optimatic » Startups
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1M ago
India’s leading multi-stage accelerator fund, 9Unicorns, will be hosting the much-awaited fifth edition of its Global Demo Day or DDay 5 on 24th April 2024. This year, the 9Unicorns Portfolio Companies expect to raise $110 million on the global demo day. The previous editions of DDay were a huge success, with over 70 participating companies ..read more
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