Tag: Startups

Investment app Syfe raises $30M Series B led by returning investor Valar Ventures

Syfe founder Dhruv Arora Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just four months after a $30 million growth round. Now Singapore-based Syfe is announcing that…

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NewView Capital leads $22.3M Series B in Australian telehealth platform Eucalyptus

Telehealth platform Eucalyptus raised a $22.3 million Series B round of funding to build a digital health portfolio for primary care in Australia. NewView Capital led the round with participation from existing investors Blackbird Ventures and W23, and new investor AirTree Ventures. As part of the investment, Ravi Viswanathan, NewView…

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Looking Glass launches second-gen holographic displays

Brooklyn-based Looking Glass Factory today announced the release of a pair of second-gen holographic displays. Following up on late-last year’s release of the entry-level Portrait, the startup is offering new versions of the Looking Glass 4K and 8K systems, which sport 15.6- and 32-inch displays, respectively. In addition to sizes,…

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Carsome Group will acquire iCar Asia in a deal worth $200M

Southeast Asia’s car marketplace wars are going into high drive. Today Carsome Group, one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. Carsome has agreed to acquire 19.9% of iCar Asia from Malaysia…

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Vara raises $4.8M from investors like Go Ventures and Sequoia India’s Surge to digitize Indonesian SMEs’ payrolls

Staff management platform Vara’s team If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. BukuKas and BukuWarung, for example, both recently raised large rounds to fuel their race to digitize SMEs’ operations. Founded in November…

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Whisper Aero emerges from stealth to quiet drones and air taxis

The skies are on the cusp of getting busier — and louder — as drone delivery and electric vertical take-off and landing passenger aircraft startups move from moonshot to commercialization. One former NASA engineer and ex-director of Uber’s air taxi division is developing tech to ensure that more air traffic…

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