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Hello readers,
Popping in here to apologize for leaving a dead link in Tuesday’s newsletter, and thank you to those who wrote in to let me know about it!
So let’s try this again: Fundraising is the first step toward becoming a unicorn. To get your journey started, we’ve highlighted a list of fundraising startups for our subscribers. If you run a startup or know someone who does, sign up to get it listed right here.
Today we look at,
- Who are the region’s unicorns and their early investors?
- A Singapore-based logistics company valued at US$100 million
- Other newsy highlights such as Meesho reaching a US$4.9 billion valuation and the birth of another edtech unicorn
PREMIUM SUMMARY
Unicorns of Southeast Asia and their investors
A record number of new unicorns have been born this year, boosting the total number in Southeast Asia to 38 today.
- At least 50% of the unicorns earned their titles this year alone.
- The new Mothers are Thailand and Malaysia, which both gave birth to their first unicorns in 2021.
- Sequoia is the biggest backer, having invested in the most number of unicorns from Southeast Asia including J&T Express, One Championship, GoTo, Moglix, and Carousell. Meanwhile, 500 Startups, Accel, East Ventures, Vertex Ventures, and Heliconia follow closely behind.
Read more: A list of Southeast Asia’s unicorns and their early investors
PREMIUM SUMMARY
The logistics space just got hotter
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