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11 startup funding rounds in Asia last week

FUNDING_WEEKLY

It’s back to work this Monday morning, and here’s a recap on the funding news that took place last week.

1. Kamelio | Japan

News curation app Kamelio announced it has raised about JPY 50 million (US$490,000) from Japanese investment firm Global Brain. (View Techlist Profile)

2. Boqii | China

Shanghai-based pets products e-store Boqii completed a US$25 million series B funding round. The investors are as-yet unnamed but reportedly hail from the US and possibly include Goldman Sachs, which also participated in the startup’s series A round last June. (View Techlist Profile)

3. Ini3 Digital | Thailand

One of Thailand’s main online game operators Ini3 Digital announced that SoftBank Ventures Korea, a venture capital arm of SoftBank Group, has invested an undisclosed amount for 23 percent of the company’s equity. A SoftBank partner will join the company’s board. (View Techlist Profile)

4. The French Cellar | Singapore

The French Cellar, an online subscription service for wine, has received an undisclosed strategic investment from Kyosei Holdings. Serial entrepreneur Jackie Lee, who founded HardwareZone and ClickTrue, will join the startup as the chairman (View Techlist Profile).

5. Influx.com | Australia

Melbourne-based online customer support solution Influx.com has raised A$250,000 (US$222,575) from investors such as 99designs Founder Mark Harbottle, angel investor Leni Mayo, and the Sitepoint Group. (View Techlist Profile)

6. Page 365 | Thailand

Thailand-based Facebook e-commerce solution Page 365 announced it has raised seed funding from Galaxy Ventures. Amount invested is undisclosed. (View Techlist Profile)

7. Dash Labs | New York

Japanese internet giant CyberAgent announced it has invested in New York startup Dash Labs, which is like a FitBit for Cars. (View Techlist Profile)

8. Quipper | London

London-based mobile learning company Quipper, founded by co-founder of Japanese mobile social gaming giant DeNA Masa Watanabe, disclosed it has raised £3.4m (US$5.8m) from investors. The investors include Atomico, a venture capital firm started by Skype co-founder Niklas Zennström, Benesse Holdings, and Globis Capital Partners. (View Techlist Profile)

9. Avazu | China

Shanghai-based digital marketing agency Avazu has secured $48 million series A funding from Gaorong Capital. (View Techlist Profile)

10. Spacious | Hong Kong

Hong Kong property platform Spacious has secured $500K in seed funding. (View Techlist Profile)

11. Altitude Games | Philippines

Philippine game development startup Altitude Games received $275,000 seed funding from mobile content provider Xurpas founder Nix Nolledo, gaming company Level Up! Games co-founder Philip Cahiwat, and several other investors. (View Techlist Profile)

(Editing by Steven Millward and Terence Lee)


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