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Hello reader,
It’s been a relatively quiet week on the funding and acquisitions front, likely because of the recent Lunar New Year celebration. The holiday is a big deal here in Asia, so it makes sense that things have slowed down during this period.
However, it certainly hasn’t been quiet here at Tech in Asia. Last week, we launched Glasswall, a platform that lets startup founders review VCs anonymously, and suffice to say, it has caused quite a stir.
Glasswall was developed as part of our ongoing mission to support Asia’s tech and startup community. There’s long been a kind of information asymmetry in the industry, with VCs having the upper hand, and we want to level the playing field for founders.
We’ve received lots of feedback, positive and negative, from founders and investors alike since Glasswall went out into the world. We’ve also had to reflect deeply on various concerns related to the product, such as content and moderation, and have decided to adopt a more subtle and community-driven approach to drive desired behavior.
It’s still early days for Glasswall, and we’ll continue to iterate and improve on the product. But we firmly believe that driving greater transparency can help take our tech and startup ecosystem to even greater heights.
After all, having good investors is how the startups featured in today’s newsletter got where they are today, y’know?
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by market
🇮🇳 Amber, a long-term accommodation booking platform for students, has raised US$21 million in an early stage round from Gaja Capital, Lighthouse Canton, and Stride Ventures.
M&As
Startups that are raising funds
Killer pitch decks
Calling all startups – showcase your tech at our exhibition space!
Exclusive listicles
Thoughtful reads
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