| Date | Title | Description |
| 14.09.2021 | Pluang, an Indonesia-based leading wealth-tech company, closes US$55 million round. | We’re excited to continue actively backing Pluang as it announces its latest funding close of $55M, which added an additional US$35 million to the US$20 million raised in March 2021.
As a leading Indonesian wealth-tech, with a focus on inv... |
| 25.06.2021 | FinAccel doubles its debt facility from Victory Park Capital to $200M | As reported on TechCrunch, FinAccel has raised a larger debt facility from Victory Park Capital. This is the largest loan facility it has raised so far, and is VPC’s biggest debt commitment to a fintech company outside of the United States ... |
| 01.06.2021 | Openspace Ventures 2020 Annual Sustainability Report | There are big problems to solve in Southeast Asia. The region houses 10% of the world’s population and it has the third largest labour force in the world. Its accelerating economic development is increasingly drawing global attention. Yet c... |
| 31.05.2021 | Openspace Ventures 2020 Annual Sustainability Report | There are big problems to solve in Southeast Asia. The region houses 10% of the world’s population and it has the third largest labour force in the world. Its accelerating economic development is increasingly drawing global attention. Yet c... |
| 31.05.2021 | Openspace Ventures Annual Sustainability Report 2020 | There are big problems to solve in Southeast Asia. The region houses 10% of the world’s population and it has the third largest labour force in the world. Its accelerating economic development is increasingly drawing global attention. Yet c... |
| 25.05.2021 | Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round | As written by Catherine Shu, TechCrunch (Found here)
TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B. The funding was led by MDI Ventures, th... |
| 18.05.2021 | Indonesia's Gojek, Tokopedia to create biggest local tech group | As written by Anshuman Daga, Fanny Potkin in Reuters (Found here)
Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia are merging to create a multi-billion dollar tech company called GoTo in the country’s larg... |
| 17.05.2021 | Nano, a YCombinator-backed Vietnamese start-up, raised $3m to help employers gain an edge in the labor market |
Traditional employers of blue-collar workers such as retailers, hospitality, and manufacturers (especially in textile, garment, shoes) have seen their recruiting costs gone up while employee retention rates have trended down in the past f... |
| 22.04.2021 | Indonesian health tech startup Halodoc nets USD 80 million from Astra, Temasek | As written by Ursula Florene in KrAsia (Found here)
Health tech platform Halodoc said on Wednesday that it raised USD 80 million in its Series C round led by Indonesian conglomerate Astra. Other prominent participants in the round include ... |
| 22.03.2021 | Indonesian savings and investment app Pluang gets $20M in pre-Series B funding | As written by Catherine Shu in TechCrunch (Found here)
Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning inve... |
| 12.03.2021 | OPENSPACE VENTURES CLOSES THIRD FUND AT HARD CAP OF US$200M | This brings the Southeast Asian venture firm’s total committed capital managed to US$425M
Openspace Team
12 March 2021 – Openspace Ventures is pleased to announce the final close of Openspace Ventures III, L.P. on 26 Feb 2021, with tota... |
| 09.03.2021 | Nutrition Technologies raises US$5m, opens insect protein factory in Malaysia | As written by Claudia Chong in The Business Times (Found here)
SINGAPORE-BASED agrifoodtech startup Nutrition Technologies has raised US$5 million in a pre-Series B funding led by Hera Capital, with participation from existing investors Op... |
| 24.02.2021 | The Healthcare Revolution at Home | As written by Kate Jennings in Forbes (found here):
The Covid-19 pandemic has accelerated a movement already underway as a combination of sensors and artificial intelligence help move patients out of emergency rooms and doctor’s offices.
... |
| 22.02.2021 | TikTok, The Level Playing Field | Moderated by: Yiliang Zhao & Amy Zhao
The Openspace Ventures team consists of 24 members from 12 different nationalities. Before venture capital, we came from different backgrounds such as technology, private equity, banking, strategy ... |
| 02.02.2021 | Wealth management platform Finnomena, Franklin Templeton to bring investment solutions to Thai investors | As reported by Rachel Mui in BusinessTimes, Singapore (found here):
THAILAND-BASED digital wealth management platform Finnomena on Monday announced a business partnership with global asset management firm Franklin Templeton.
The collabora... |
| 05.01.2021 | Indonesian EdTech Zenius nabs funding from Openspace | As reported by Ursula Florene in KrAsia (found here):
Indonesia-based EdTech startup Zenius on Tuesday announced that it closed a pre-Series B funding round for an undisclosed amount. In the round, new investors Alpha JWC Ventures and Open... |
| 31.12.2020 | Our 2020 in Review | As the end of tumultuous 2020, Openspace is already getting nostalgic. We humbly recognize a strong year of development for the firm, we feel energized by what is to come, and we feel a responsibility to contribute to the way our industry a... |
| 16.11.2020 | The value of formal education now and in the future | Moderated by Wenbo Zong & Jaclyn Seow
At Openspace we are always attentive to what makes for a better startup. Pitch decks of early stage companies often feature founders’ educational qualifications and professional backgrounds. Formal... |
| 10.11.2020 | Indonesia’s iSeller bags series A round from Openspace Ventures, Mandiri Capital | As reported by Doris Yu in TechInAsia (found here):
Indonesia-based iSeller, an omnichannel sales software-as-a-service player, announced that it has secured an undisclosed amount in its series A round of funding led by Singapore-based VC ... |
| 02.11.2020 | Openspace awarded SVCA VC Deal of the Year 2020 | (SVCA Press Release)
SVCA ANNOUNCES 2020 AWARD WINNERS
The Singapore Venture Capital and Private Equity Association is celebrating our 28th anniversary with our first ever virtual Annual Award ceremony. Amidst a very trying environment, t... |
| 28.10.2020 | Reaping the Regional Dividend: 2020 Edition | We are very pleased to introduce Openspace Ventures’ inaugural edition of Reaping the Regional Dividend. In discussing the Openspace strategy and track record in Southeast Asia with investors and ecosystem participants, a couple of key ques... |
| 22.10.2020 | Venture Capital Investment - Is It Art or Science? | VC investment has traditionally been more art than science. Recently, a paper titled: “How Do Venture Capitalists Make Decisions?” from Stanford University Graduate School of Business reported that the average professional looking to financ... |
| 12.10.2020 | The Singaporean startup that ran a cloud kitchen before they got popular | Written by Vulcan Post. Original Post here
“We were one of the very first few cloud kitchens that served customers without a storefront back in 2015. This was before the terms ‘cloud kitchen,’ ‘ghost kitchen,’ or ‘dark kitchen’ even existe... |
| 08.10.2020 | Television is dead. Long live television. | Moderated by: Gervin Yang & Ian Sikora
It has been an eventful year for media in Southeast Asia. Regional streamers HOOQ and iflix both went bankrupt and sold assets to international firms in liquidation. Netflix has strengthened its m... |
| 01.10.2020 | Using MBTI to foster teamwork and collaboration | The Openspace Ventures team consists of 24 members from 12 different nationalities. Before venture capital, we came from different backgrounds such as technology, private equity, banking, strategy consulting and media. Every week we get tog... |
| 22.09.2020 | Openspace Ventures Welcomes New Team Members and Announces First Investment from OSV+ | Openspace Ventures, focused on investing in technology opportunities in Southeast Asia since 2014, is pleased to welcome new senior members to its team as it expands its platform during a dynamic phase of ongoing development for the region.... |
| 15.09.2020 | Race, Nation, Region or Species – To Whom Do You Feel More Loyal? | The Openspace Ventures Team consists of 25 team members from 11 different nationalities. Before venture, we come from backgrounds in technology, private equity, banking, strategy consulting and even media. Every week we get together virtual... |
| 14.09.2020 | What We Look For In Founders | It is difficult to make metric-based investment decisions in respect of every potential portfolio company. Some companies may have only been in operation for less than a year, and analyzing traction is often challenging.
Therefore, assessi... |
| 08.09.2020 | Freshket lands $3 million Series A led by Openspace to streamline Thailand’s food supply chain | Reported by Catherine Shu, TechCrunch (found here)
Based in Bangkok, Freshket simplifies the process of getting fresh produce from farms to tables. Launched in 2017, the startup has now raised a $3 million Series A, led by Openspace Vent... |
| 04.09.2020 | SoftBank Vision Fund 2 leads $100 million Series C in digital therapeutics company Biofourmis | As reported by Catherine Shu, TechCrunch (found here)
Biofourmis, which combines AI-based data analytics and biosensors to monitor the progress of medical treatments, has raised funding from one of the world’s most high-profile investors. ... |
| 04.09.2020 | Love, Bonito Opens Its Fourth Store At VivoCity, And It’s The Most Family-Friendly One Yet | As reported by Celine Tan, 8 Days (found here)
Expect kid-centric features and a pram-friendly space.
In the changing rooms of Love, Bonito’s latest outlet at VivoCity, there are cute little yellow clothing hooks at child level. And on to... |
| 25.08.2020 | Hiring and Team dynamics in the new normal | As the world emerges from lockdowns, business practices need to be reviewed and re-interpreted in the re-set reality of the near future. At Openspace, we believe that there are some fundamental tenets of hiring and team dynamics which will ... |
| 05.08.2020 | Intuit QuickBooks Adds Omni-channel Commerce Capabilities by Acquiring TradeGecko | As reported by Intuit Blog Team
Intuit is excited to announce that we have entered into an agreement to acquire TradeGecko, the inventory and order management platform that makes omni-channel commerce easy for small businesses. Integrating... |
| 31.07.2020 | Singapore is latest to deploy Biofourmis tech for COVID-19 monitoring | As reported by Michelle Teo, DealStreetAsia (found here)
Over the last three months, thousands of COVID-19 patients in Singapore have strapped on their arms a biosensor that helps healthcare workers remotely monitor their symptoms.
The bi... |
| 30.07.2020 | US, China & the Southeast Asia Opportunity | Similar to other companies across the world, we, at Openspace (“OSV”), are finding our own ways to adjust to the ‘new normal’. One of the initiatives we’ve recently taken on is OpenForum – a collective conversation where members of the team... |
| 21.07.2020 | Our Chance to Reshape Responsible Capitalism | OUR CHANCE TO RESHAPE RESPONSIBLE CAPITALISM
The last global crisis didn’t change the world. Will this one?
Many have drawn parallels between the economic fallout from the COVID-19 pandemic and the 2008 financial crisis. We explore how th... |
| 24.06.2020 | The Disneyland of Social Media | As reported by Vittoria Elliott on Rest of World (found here).
On our app, we do not allow political or political news or political affiliation.
Politics on social media creates a very toxic and divisive culture, regardless of where you a... |
| 17.06.2020 | More demand for telemedicine as Indonesians stay away from hospitals amid COVID-19 | As reported by Nivell Rayda, Channel News Asia, here:
JAKARTA: As soon as Indonesia announced its first two COVID-19 cases on Mar 2, hundreds of thousands of people began flocking to online healthcare platform Halodoc with COVID-19-related... |
| 15.06.2020 | A leader never lets a crisis go to waste | As reported by Helmi Yusof in The Business Times, here:
WHAT CAN CHOPE, a restaurant reservation platform, do when dining out has turned into dining in? When the number of restaurant closures is rising by approximately 50 per cent? When po... |
| 11.06.2020 | Digital Marketplace Keeps Indonesian Farmers in Business | As featured by the International Finance Corporation, here:
“People are at home and markets are empty.” That is how Cahyono Kurnia, a tomato farmer from Ciwidey in West Java, sums up the COVID-19 situation. Farmers in this Indonesian provi... |
| 08.06.2020 | SensorFlow wins in IoT-Energy category at the SBR Technology Excellence Awards 2020 | As reported in Singapore Business Review, here:
As the city state gradually reopens, Singapore Business Review, Charlton Media Group’s definitive magazine for Singapore’s business elite, did not let the crisis thwart the second edition of ... |
| 08.06.2020 | Gojek streaming service GoPlay bags funding to deepen Indonesian focus | As reported by Sharanya Pillai in The Business Times, here:
GOPLAY, the video streaming service under Indonesia’s Gojek, has clinched an undisclosed investment led by Singapore’s Golden Gate Ventures and Chinese investment firm ZWC Partner... |
| 26.05.2020 | Whispir platform a valuable tool in response to COVID-19 | As reported by Patrick Durkin in The Australian Financial Review, here:
Jeromy Wells, the chief executive and founder of listed cloud communication platform and workflow software company Whispir, denies COVID-19 is the best thing that has ... |
| 16.04.2020 | Biofourmis acquires Gaido Health, expands capabilities to include oncology | As reported by Olivia Poh in The Business Times, here:
DIGITAL therapeutics startup Biofourmis on Thursday said it has acquired oncology-focused patient monitoring platform Gaido Health, to expand its portfolio in the oncology space.
The ... |
| 14.04.2020 | Filipino live streaming app Kumu raises $5 million Series A led by Openspace Ventures | As reported in TechCrunch (found here):
Kumu Holdings, a live streaming startup based in the Philippines, announced today it has raised about $5 million in Series A funding, earmarked for new features and growing its operations. The round ... |
| 25.03.2020 | Text message system 'Whispir' to monitor close contacts in Victoria | - |
| 25.03.2020 | Gojek bosses give up 25% of annual salary for drivers, partners as COVID-19 deals blow | As reported by Esther Samboh in The Jakarta Post, here:
Local tech giant Gojek has announced it will provide at least Rp 100 billion (US$6 million) to help drivers cope with low demand as a result of the COVID-19 pandemic.
Gojek co-CEO An... |
| 24.03.2020 | Welcome to the New Normal. Now Let’s Get to Work. | (Photo credit: AP / Ee Ming Toh)
By now, there is no question that COVID-19 is having a material impact on societies and economies worldwide. The S&P 500 has recorded the quickest bear market in history surpassing the 1929 depression a... |
| 23.03.2020 | Chope can play role in transforming F&B sector, says CEO | As reported by Sue-Ann Tan in the Straits Times, here:
Chope has made its name as a reservations mobile app to help diners “chope” their seats in restaurants and cafes, but it is expanding its capabilities by making a foray into mobile pay... |
| 23.03.2020 | Gojek, Halodoc launch telemedicine service "Check COVID-19" | As reported by Arnidhya Nur, Azis K (editor Yuni Arisandy Sinaga) in Antara News, here:
Jakarta (ANTARA) – Gojek and Halodoc, in collaboration with the Indonesian Ministry of Health, launched an innovative telemedicine service called “Chec... |
| 18.03.2020 | Teaching technology stands to be rare winner from coronavirus | As written by James Crabtree in Nikkei Asian Review (found here):
It is hard to see many upsides from the coronavirus crisis. But forced innovation in the delivery of online education and health care will almost certain turn out to be one,... |
| 06.03.2020 | Biofourmis to remotely monitor Covid-19 patients in world’s first trial of its kind | As reported by Eric Ng in the South China Morning Post, here:
Hong Kong is set to become the world’s first testing ground for the deployment of devices and data analytics tools to remotely monitor Covid-19 virus patients and others under q... |
| 05.03.2020 | Startup Biofourmis Using AI-Based System to Battle Coronavirus | As reported by Brian Gormley in Wall Street Journal (found here):
Doctors and researchers in Hong Kong are betting an artificial intelligence-based remote-monitoring system from startup Biofourmis Inc. will aid them in their fight against ... |
| 10.01.2020 | Openspace Makes First Thailand Investment | As reported by Justin Niessner in AVCJ (found here with login wall)
Southeast Asia-focused Openspace Ventures has made its first investment in Thailand, co-leading a $10 million Series B round for financial technology player Finnomena alon... |
| 03.12.2019 | FinAccel Banks $90m in series C round, Scores $500 Million Valuation | As reported by Manish Singh in TechCrunch (found here):
Singapore-headquartered FinAccel has secured $90 million in one of the largest funding rounds for a fintech startup in Southeast Asia as it looks to further grow its credit lending ap... |
| 29.08.2019 | Singapore InsurTech Firm Axinan Collaborates with Bukalapak on Gadget Insurance | As reported by Cindy Silviana in KrAsia (found here):
Singapore-based insurtech firm Axinan and Indonesian e-commerce unicorn Bukalapak announced a partnership on Tuesday, saying they’ll team up to offer insurance for the purchase of elect... |
| 29.08.2019 | Indonesia’s Sorabel confirms pre-Series C investment from Korea’s Ncore Ventures | As reported by Ardi Wirdana in DealStreetAsia (found here):
Korean early stage VC firm Ncore Ventures has participated in the ongoing pre-Series C funding round for Indonesia’s fashion e-commerce startup Sorabel, the company confirmed to D... |
| 06.08.2019 | Singaporean Car Marketplace Carro Buys Indonesia’s Jualo | As reported by Zhixin Tan in KrAsia (found here):
Carro, a Singapore-based wholesale automotive marketplace, has raised an additional USD 30 million in its ongoing Series B round, the company said in a statement. New investors included com... |
| 29.07.2019 | Nutrition Technologies closes Series A led by Openspace, SEEDS Capital | As reported by Kristie Neo in DealStreetAsia (found here):
Nutrition Technologies, a Singapore-based agrifood tech startup, has closed its Series A round led by Openspace Ventures and SEEDS Capital. The investment figure was undisclosed. A... |
| 25.07.2019 | Bill Gates Foundation Invests in Halodoc | As reported by Dafizeck Bin Daud in TechInAsia (found here):
Halodoc, an online healthcare platform in Indonesia, has secured funding in a series B+ round from strategic investors including the Bill and Melinda Gates Foundation, Allianz X,... |
| 19.07.2019 | Fashion Brand Love, Bonito Opens Third Singapore Store at Funan Mall | As reported by Reta Lee on Yahoo (found here):
With over 6,000 square feet, Love, Bonito’s third store at Funan Mall is the biggest yet, offering new ‘phygital’ elements such as an innovative queue system and an AR walkway for a fun and ha... |
| 02.07.2019 | Indonesian Photography Startup SweetEscape Raises $6m Series A | As reported by Ardi Wirdana in DealStreetAsia (found here):
Indonesia-headquartered on-demand photography platform SweetEscape has secured a Series A funding round of $6 million co-led by Openspace Ventures and Jungle Ventures. The round w... |
| 01.07.2019 | Grab Helps Agritech Start-Up TaniGroup to Benefit from Its Ecosystem | As reported by Norman Harsono in the Jakarta Post (found here):
Singapore-based Grab has recently selected 10 early-stage start-ups to join its second Grab Ventures Velocity accelerator program, which focuses on companies that either help ... |
| 03.06.2019 | Tanigroup and Agritech - The Openspace View | We were pleased to announce this week Openspace Ventures‘ investment in Tanigroup, as lead for its $10mm Series A round.
Tanigroup is re-imagining the agricultural supply chain in Indonesia – a massive sector which hasn’t yet seen impact f... |
| 30.05.2019 | Agritech startup TaniGroup raises $10M to help Indonesia’s farmers grow | As reported by Jon Russell in TechCrunch (found here):
In 2016, former World Bank analyst Eka Pamitra teamed up with five friends to start a business that would help farmers in their native Indonesia. Today their company — TaniGroup — clos... |
| 24.05.2019 | Whispir secures funds for IPO, to list June 19 | As reported by Sarah Thompson and Anthony Macdonald in Financial Review (found here):
Software company Whispir has raised $47 million for its initial public offering, which means it will list with a $163 million market capitalisation next ... |
| 22.05.2019 | Biofourmis raises $35M to develop smarter treatments for chronic diseases | As reported by Jon Russell in TechCrunch (found here):
Biofourmis, a Singapore-based startup pioneering a distinctly tech-based approach to the treatment of chronic conditions, has raised a $35 million Series B round for expansion.
The ro... |
| 13.03.2019 | CXA Raises $25 million Convertible Debt, Takes Step Toward $1 Billion Valuation | As reported by Straits Times (found here):
Insurtech start-up CXA Group has raised US$25 million (S$33.9 million) in a bridge funding round for its expansion in the Asia-Pacific. Key investors in this round are HSBC, Singtel Innov8, Telkom... |
| 04.03.2019 | Indonesia's Halodoc raises $65m to expand hi-tech healthcare app | As reported by Kentaro Iwamoto in Nikkei (found here):
Indonesia’s largest telemedicine platform, Halodoc, has raised $65 million from investors in Singapore, South Korea and China, reflecting the burgeoning health care needs of Southeast ... |
| 27.02.2019 | Restaurant platform Chope partners with Meituan-Dianping to feed Chinese users | As reported by Robin Moh in KrAsia (found here):
Chope, a platform for making restaurant reservations, announced that is has formed a partnership with China’s lifestyle services provider Meituan-Dianping. Chope will be integrated into Meit... |
| 25.02.2019 | SME lender Validus Capital raises $15M for expansion in Southeast Asia | As reported by Jon Russell in TechCrunch (found here):
SME lending was a hot topic in Southeast Asia last year, and companies continue to attract investor dollars in 2019. The latest to pull in capital of its own is Singapore-based Validus... |
| 21.01.2019 | Indonesia’s Sale Stock rebrands as Sorabel | As reported by Jack Ellis in Tech in Asia (found here):
Indonesian fashion e-tailer Sale Stock is rebranding as Sorabel. The startup announced the change on its blog, but it didn’t give further details about the reasons behind the move.
T... |
| 04.12.2018 | How Telehealth is Transforming Healthcare in Indonesia | The BBC recently produced a video highlighting how HaloDoc’s telemedicine service has enabled access to healthcare to Indonesians across the country. It’s one of HaloDoc’s many services that are reshaping healthcare in the country.
Can fin... |
| 28.11.2018 | TOPICA raises $50M for its online learning services in Southeast Asia | As reported by Jon Russel in TechCrunch (found here):
One of the country’s elder statesmen of startups — educational service Topica — has closed its $50 million Series D. The round — which is one of the highest to date for a Vietnamese tec... |
| 23.11.2018 | Biofourmis collaborates with Brigham and Women’s Hospital to improve patient home care | As reported by Dean Koh (found here):
Biofourmis, a Singapore-based health analytics platform, has entered into a collaboration with Brigham and Women’s Hospital in Boston, US to co-develop improvements to their proprietary analytics engin... |
| 01.11.2018 | Pathao Tong and Pathao’s Path To One App For All Your Needs | As reported by Ruhul Kader at Future Startup (found here):
Pathao has been experimenting with a service called Pathao Tong, a shopping service where Pathao users could buy anything from Sanitary Napkin to daily necessities and get it deliv... |
| 31.10.2018 | CXA Group Wins Two Asia Insurance Industry Awards | Fifteen insurance champions took centre stage at the glittering 22nd Asia Insurance Industry Awards 2018 gala dinner tonight, held in conjunction with the 15th Singapore International Reinsurance Conference. The winners triumphed over stiff... |
| 29.10.2018 | Thousands of drivers in Singapore registered for Go-Jek after a few hours | As reported by Cheow Sue-Ann and Kok Yufeng in Straits Times (found here):
After months of eager anticipation by private-hire car drivers here, Indonesian ride-hailing firm Go-Jek has started a portal for them to pre-register to join its p... |
| 18.10.2018 | Openspace Ventures Bullish on Fintech, Marketplace Sectors | Hian was recently interviewed by Ka Kay Lum from DEALSTREETASIA. Excerpts from the interview can be found below. The full article is available here with a DEALSTREETASIA subscription.
Fresh off from closing its second fund at its $135-mill... |
| 12.09.2018 | Telehealth Apps Like Halodoc on Rise in Southeast Asia | As reported in the Nikkei Asia Review (found here):
Bayu Surya is a 28-year-old editor based in Jakarta who suffers from eye problems and pressure sores due to sitting in front of a computer screen for hours on end. Seeking advice from a d... |
| 11.09.2018 | Pathao to Launch in Nepal | As reported by Future Startup (found here):
Pathao, the Dhaka-based fast growing logistics + ride-hailing startup, is eyeing expansion beyond Bangladesh. The ride-hailing company has always aspired to be more. It has since expanded to food... |
| 06.09.2018 | Go-Jek, Axinan among latest Google Launchpad Entrants | As reported by Jack Ellis (found here):
Google has unveiled the latest cohort of startups for its Launchpad Studio program. Four out of the 10 entrants hail from Asia, with Indonesian ride-hailing unicorn Go-Jek among them.
Launchpad Stud... |
| 04.09.2018 | Chope Almost Doubles its Revenue to $10.4 million | As published by The Straits Times (found here):
Chope, a platform for reservations and deals related to dining, has recorded revenue of $10.4 million for 2017 – almost doubling from its sales of $5.5 million in 2016. Most of the growth cam... |
| 31.08.2018 | IDC Indonesia Announces FinAccel a Winner of an IDC Digital Transformation Awards | As reported in the IDC press release (found here):
IDC announced today the Indonesia winners of the second IDC Digital Transformation Awards (DXa) at the Indonesia Digital Summit 2018. Directorate General of Taxation was named 2018 “Digita... |
| 14.08.2018 | Openspace Ventures Closes Fund II at Hard Cap of US$135mm | PRESS RELEASE
Openspace Ventures (previously NSI Ventures) is pleased to announce the final close of Fund 2 on August 10, 2018 with total subscriptions accepted up to US$135mm. Including Fund 1, Openspace now has in total US$225mm committe... |
| 01.08.2018 | Go-Jek kicks off Southeast Asia expansion with Vietnam launch | As reported by Jon Russel in TechCrunch (found here):
Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new markets after it opened... |
| 25.07.2018 | Kredivo Raises $30M to Build a Digital Credit Card for Southeast Asia | As reported by Jon Russell in TechCrunch (found here):
FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins to consider overseas expansion.
T... |
| 24.07.2018 | Openspace Ventures-backed TradeGecko gobbles up $10m Series B | As reported by Ka Kay Lum (found here):
Singapore-based software-as-a-service startup TradeGecko has secured a $10 million Series B round led by TNB Aura Fund 1 and Aura Venture Fund, according to an announcement today. The round was joine... |
| 12.06.2018 | The Story Behind Pathao’s Explosive Growth | As reported by Rahul Kader (found here):
Pathao Founder and CEO Hussain M Elius on the early days of Pathao, how it has evolved and grown from a small team of 30 people to a team of over 500 people in a span of a few years, the hard work a... |
| 24.05.2018 | Indonesia's Go-Jek to Invest $500 million in Four New Markets | Indonesia's Go-Jek expands into four new markets from CNBC.
As reported by Saheli Roy Choudhury on CNBC (found here):
Indonesia’s massively popular ride-hailing start-up Go-Jek is expanding abroad.
It will invest about $500 million to mo... |
| 27.04.2018 | Bangladesh’s Pathao Raises over $10M in a Round led by Go-Jek and Openspace | As reported by Jon Russell in TechCrunch (found here):
$4.5 billion-valued ride-sharing startup Go-Jek may be busy in Southeast Asia, where it is aiming to step into the gap following Uber’s exit, but that isn’t stopping it from looking at... |
| 26.04.2018 | Early Go-Jek investor NSI Ventures Goes independent and Rebrands to Openspace | As reported by Jon Russell in TechCrunch (found here):
NSI Ventures, the Singapore-based VC firm affiliated with PE firm Northstar Group that invested early in ride-sharing unicorn Go-Jek, is going independent after it announced it has reb... |
| 18.04.2018 | Zimplistic Raises S$39.3m in Series C | As reported in Channel News Asia (found here):
The company behind the fully automated flatbread making machine, Rotimatic, announced on Tuesday (Apr 17) it has raised US$30 million (S$39.3 million) in a funding round led by Credence Partne... |
| 12.04.2018 | Oway Raises $14.7m from IFC, Daiwa, Others | As reported by Juliet Shwe Gaung (found here):
Travel company Oway has raised $14.7 million from investors including Daiwa PI Partners Co Ltd and International Finance Corporation (IFC) for business expansion. Daiwa PI Partners, a subsidia... |
| 17.02.2018 | Gamechanger in the Transport Industry | As reported by Rasmia Rahman Amreen (found here):
Hussain M Elius is the current CEO of Pathao, the popular ride-sharing platform that helps passengers reach their destinations on time. Recently, they have also launched two new services ca... |
| 13.02.2018 | Ex-Grab CTO's Startup Axinan Raises Series A Funding from NSI | As reported by Yon Heong Tung (found here):
Singapore insurtech startup Axinan has raised an undisclosed funding in a Series A round led by NSI Ventures, with existing investor Linear Venture joining the round with other backers. The compa... |
| 09.02.2018 | Grain raises pre-Series B funding from Majuven, others after clocking 330 percent growth | As reported by Sainul Abudheen (found here):
Singapore-based online restaurant, Grain, has raised an undisclosed amount in funding led by investors including early-stage VC fund Majuven, food services company FoodXervices, and F&B comp... |
| 01.02.2018 | Kakaku leads $13m Series B in NSI Ventures portfolio company Love, Bonito | As reported by Shiwen Yap, (found here):
Singapore-based Love Bonito, a digital-first womenswear label, has announced the completion of a $13 million Series B funding round led by Kakaku.com. The round was joined by return backer NSI Ventu... |
| 29.01.2018 | Google announces investment in Indonesia’s Go-Jek | As reported by Jon Russell (found here):
Google is back investing in ride-hailing companies. The U.S. search firm and China’s Meituan-Dianping are among the tech giants set to invest in Go-Jek, the Indonesia-based rival to Grab and Uber, a... |
| 30.11.2017 | Singapore Government's SGInnovate Partners with NSI Ventures to Invest in Deep-Tech Startups | As reported by Jacquelyn Cheok (found here):
A government-owned innovation platform will invest millions of dollars in a range of start-ups working in a field known as deep tech. SGinnovate, which focuses on tech-intensive, research-driven... |
