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Vanessa Tan · · 2 min read

10 startup funding rounds in Asia last week

FUNDING_WEEKLY

Education and marketplaces seem to be hot favorites this past week, and here’s a roundup of startups with fresh cash in their pockets. Congratulations!

1. GoCoin | Singapore

GoCoin, a California and Singapore-based company that is creating a PayPal for digital currencies, has closed a US$1.5 million series A venture round led by former Facebook COO Owen Van Natta and Bitcoin Shop, an ecommerce website that transacts in Bitcoin. Crypto Currency Partners also joined the round. (Techlist Profile)

2. Sirclo | Indonesia

Sirclo, an ecommerce website builder based in Indonesia and Singapore, received seed funding for an undisclosed amount from East Ventures. The service helps small and medium enterprises build websites easily with fees ranging between IDR 99,000 (US$8) to IDR 1.75 million ($148) per month. Sirclo’s competitors are Shopify, Pixtem, Jarvis Store, Jejualan, and Klakat. (Techlist Profile)

3. Compathy | Japan

Wanderlust, makers of Japanese online travel log Compathy, has raised hundreds of thousands of dollars from Incubate Fund and Recruit. (Techlist Profile)

4. Skyfi Labs | Bangalore

Bangalore-based education startup Skyfi Labs has raised an undisclosed amount from The Chennai Angels (TCA) and Spark Capital. The new funds will be used to expand Skyfi’s reach to cover 1,000 more colleges, increase and refine course offerings to help students acquire relevant skills in areas of computer science, mechanical and electrical engineering, and enhance its back-end platform.

5. Sports365 | Bangalore

Bangalore-based online store Sports365 has received an undisclosed amount from US venture capital firm, Powerhouse Ventures. (Techlist Profile)

6. Meiaoju | China

Online real estate marketplace Meiaoju has secured RMB 50 million (US$8.13 million) in series A funding led by DCM. Meiaoju is an online marketplace where real estate developers can connect with China’s middle class citizens, who are snapping up property in other countries as investment opportunities or as a basis to move abroad. It mainly focuses on houses and apartments in Australia and the United States. (Techlist Profile)

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Community Writer

Vanessa Tan

Vanessa currently leads marketing for Xiaomi Indonesia and has led product marketing and product PR for Xiaomi Global prior to her current role. She is a proud Tech in Asia alumnus too!