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Hello readers,
Over the past few weeks, I was emceeing the semifinals of this year’s edition of our Startup Arena Pitch Battle series. There, we gave entrepreneurs a stage to pitch their startup ideas in front of thousands of viewers and a panel of investor-judges. All the participants stood a chance to win attractive prizes and grab the attention of VCs from across the region.
This year, we were specifically on the lookout for startups in the environmental, social, and governance (ESG) sector, which I truly believe deserves a lot more attention and investment than it gets right now. It was exciting to hear about the innovative solutions our participants are working on, the problems they’re trying to solve, and the future that they want to create for the world. As they pave the way with their efforts and (hopefully) successes, I hope it will inspire the next generation of budding entrepreneurs to come up with many more innovative ESG solutions.
You can learn more about this year’s Startup Arena Pitch Battle participants and watch the playback of the semifinals on the Tech in Asia Conference 2021 website. And be sure to get your tickets to Tech in Asia Conference 2021 to watch the finalists battle it out for the US$10,000 grand prize.
You can find all the important investment deals that took place over 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.
BIGGEST DEALS BY COUNTRY
🇸🇬 Ninja Van: The Singapore-based logistics startup bagged US$578 million in series E money from Alibaba Group, B Capital Group, DPDgroup, Monk’s Hill Ventures, and Zamrud.
🇮🇳 Meesho: The Indian online marketplace raised US$570 million from B Capital Group, Facebook, Fidelity Investments, Footpath Ventures, Prosus Ventures, SoftBank Vision Fund, and Trifecta Capital in a series F funding round.
🇨🇳 Momenta: The AI company based in China got a US$300 million strategic investment from General Motors.
🇮🇱 ProteanTecs: The Israeli cloud-based platform secured US$50 million in series D funding from Advantest, Champion Motors, Koch Disruptive Technologies, MediaTek, and Porsche SE.
🇰🇷 Coinone: The South Korea-headquartered blockchain company raised US$43.12 million in strategic investment from Gamevil.
Lists of most active investors in the region
List of top-funded startups in Asia
List of largest exits in Asia
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