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Singapore proptech startup Ohmyhome raises S$4m Series A funding

On Thursday, Singapore-based  OHMYHOME announced it has raised S$4 million in Series A funding. The funding was  led by Golden Equator Capital with participation from individuals and family offices. Launched in September 2016 by sisters Rhonda Wong and Race Wong, Ohmyhome seeks to simplify how properties in Singapore are being transacted, through making housing transactions… Read More »

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Singapore’s home interior platform Livspace gets US$70m Series C funding

  Livspace, a Singapore-founded home interior and renovation platform whose three-sided marketplace brings together homeowners and a curated community of designers and vendors, has raised US$70 million in Series C funding. The round was led by global investment funds TPG Growth and Goldman Sachs with participation from existing investors Jungle Ventures, Bessemer Venture Partners and Helion Ventures also… Read More »

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Nasscom launches second phase of its mentor programme focusing on AI startups

India’s software services industry body The National Association of Software and Services Companies (Nasscom) unveiled the second phase of the 10,000 start-ups initiative that will focus on mentoring deep technology ventures in areas such as artificial intelligence (AI), machine learning (ML) and blockchain. The Accelerate 10X programme, that aims to catapult the nation’s deep tech startup ecosystem onto… Read More »

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GSR Ventures Closes $400 Million Fund for Early Stage Startups

Chinese private equity firm GSR Ventures that is notably known for having been an early backer of ride-hailing giant Didi Chuxing, has closed a new $400 million fund to invest in technology startups. Fund VI, which is denominated in U.S. dollars, will focus on early stage investments, Managing Director James Ding told Bloomberg Television. GSR manages about $2… Read More »

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Health services organization Cigna launches $250M venture fund to invest in tech startups

Health services organization Cigna on Wednesday launched a corporate venture fund with an infusion of $250 million in capital to be invested in healthcare technology startups and early-stage companies. Cigna Ventures will focus on “transformative and innovative” healthcare startups specializing in analytics, digital health, retail, care management, and other business opportunities related to value-based care…. Read More »

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Imec-Backed Fund Raises $131 Million for Hardware Startups

A venture capital fund backed by nanoelectronics and digital technologies research hub imec in Belgium has closed its first fund with $137 million in committed capital. The fund aims to address a problem that has plagued European semiconductor and hardware research spinouts and startups for many years — the gap in growth funding. Imec.xpand, an… Read More »

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Hustle Fund closes $11.5 million fund

Hustle Fund, the pre-seed firm founded by former 500 Startups partners Elizabeth Yin and Eric Bahn investing in Southeast Asia and North America, has closed their first fund, coming in at the tune of $11.5 million. The round was led by Shanda, the China’s online gaming company; LINE, and Naver, Korea’s largest search engine with participation from… Read More »

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Business accelerator programme Luminate NY to award $1 million to OPI Startups

Luminate NY (Rochester, NY), a business accelerator for startups with optics, photonics, and imaging (OPI)-enabled applications, is offering early-stage startups an opportunity to grow their businesses by offering an initial $100,000 convertible note, expert mentorship, and a chance to win up to $1 million in follow-on funding, provided through the Finger Lakes Forward Upstate Revitalization Initiative. . Startups… Read More »

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MEST Invests USD 700k in 7 Startups

Now in its 10th year investing in tech entrepreneurs in Africa, ​Meltwater Entrepreneurial School of Technology (MEST) today announced a funding round of USD $700,000 in startups formed from its recently graduated 2018 training program cohort. Out of 17 teams, composed of 58 entrepreneurs hailing from Ghana, Nigeria, Kenya, South Africa, Cote d’Ivoire and Zimbabwe, MEST will… Read More »

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