E27, a platform for Asia’s tech industry, has raised a round of funding from investors, sources told Tech in Asia. E27 later revealed in a press release that the round, a series A, is about US$2.2 million.
PURPOSE is the new profit. Mission-driven businesses are on the uptick, as more entrepreneurs use technology to build novel, sustainable solutions to social problems. In other words, they are finding it feasible to do good and make money while at it - and they are getting help along the way in the form of seed money, networking help and tips on shaping their ventures.
THE startup ecosystem scored two positives on Monday: homegrown dating platform Paktor snagged US$10 million in a new funding round, while Infocomm Investments (IIPL) has partnered Bansea (the Business Angel Network South-east Asia) to jointly invest in local seed-stage startups.
Life in the future will be easier – albeit heavily machine-aided.
It does not require a far stretch of the imagination for one to visualize a future where robotic vacuums, lawn mowers, pool cleaners, and robotic personal assistants support our day-to-day lives.
SINGAPORE tech "unicorn" Garena has raised US$170 million in Series D funding led by Khazanah Nasional Bhd, the strategic investment arm of the Malaysian government, taking total investment to date past US$500 million.