The Latest from Catherine Shu
Hikvision shares plummet after report that the Biden administration is considering more sanctions
Hikvision shares fell by 10% after a Financial Times report that the Biden administration is planning to impose more sanctions on the surveillance camera company, accusing it of enabling human right a
LottieFiles raises $37M Series B to make the animation format even more ubiquitous
Lottie animations are everywhere. The JSON-based file format, first introduced as an open source library by Airbnb engineers, can now be seen in the top 500 iOS and Android apps, said LottieFiles co-f
Backed by Tiger Global and Sequoia India, Toplyne helps product-led growth teams tackle user conversion
For product-led growth companies (PLG), the perennial question is: How do we get non-paying customers to subscribe? Then the second question is: How do we get paying customers to move to higher tiers?
Oware is streamlining Pakistan’s supply chain
Managing goods as they make their way through multiple warehouses and logistics providers is one of the biggest headaches that businesses in the supply chain face. After leaving his job at Careem, Adi
Dat Bike is the creator of Vietnam’s first domestic electric motorbike
Dat Bike is on a journey to reduce the amount of gasoline used in Vietnam. The startup makes electric motorbikes with key components that it designs and produces domestically to reduce costs and impro
BintanGO wants to boost Indonesia’s creator economy
BintanGO has almost everything Indonesian creators need to monetize their content. First, there is its CreatorSpace, which helps them manage brand collaborations by measuring engagement and sending in
Social music platform BandLab scores $65M at a valuation of $315 million
BandLab, the Singapore-based app that lets users create and share music, announced today it has raised a $65 million Series B, at a post-money valuation of $315 million. The investment round was led b
Jack Dorsey says Elon Musk ‘is the singular solution I trust’
Jack Dorsey, the co-founder of Twitter and current Block Head, has weighed in on how he feels about Elon Musk buying Twitter. In a tweet thread that starts out with a link to Radiohead’s “Everythi
Arrow saves online shopping carts in Southeast Asia
Even in markets where credit card penetration is high, shopping cart abandonment is still a major source of concern for online vendors. Now imagine the situation in Southeast Asia, where many countrie
Manila-based MadEats is more than a ghost kitchen startup
MadEats, a Y Combinator alum, claims to be the first “‘full-stack’ delivery-only startup in the Philippines,” with their own virtual storefront, ghost kitchens and fleet of drivers. More than
Singapore-based healthcare startup Ordinary Folk gets $5M to fight stigma
Ordinary Folk, a Singapore-based telehealth startup dedicated to men and women’s health issues, has raised $5 million in pre-Series A funding from Monk’s Hill Ventures. The funding will be used fo
Everstage raises $13M Series A to make sales commissions more transparent
For sales reps, commission plans are often complicated and lack transparency, leading to accounting errors and frustration. Everstage, a sales commission platform, solves that, letting sales reps see
Indonesian audio content platform NOICE gets $22M Series A
NOICE, an Indonesia audio content startup, has raised $22 million in Series A funding led by Northstar, with participation from returning investors Alpha JWC Go-Ventures and Kinesys. NOICE is differen
Square Peg on building its foothold in Southeast Asia
Square Peg Capital, one of Australia’s largest venture capital firms with current assets under management of about $3 billion USD, is digging deeper into Southeast Asia. The firm is currently raisin
Ellis raises $5.6M to pave the way for international students
Almost anyone who has moved to a new country knows that setting up the basics, like a bank account, are the hardest tasks to do. That’s why Ellis was created for international students planning to s
Pakistan’s Zaraye, a B2B supplies platform, raises $2.1M from Tiger Global and Zayn
Obtaining raw materials is a major pain point for Pakistan’s manufacturers, who need to have multiple phone calls with suppliers while waiting for rates, say the founders of Zaraye. The startup, whi
Mental health app Real raises $37M Series B
Real, a mental health app, has raised a $37 million oversubscribed Series B. The round was led by Owl Ventures, with participation from former Cityblock CEO Iyah Romm and chief health officer Dr. Sylv
Aemi eases the challenges of social commerce in Vietnam
Social commerce sellers can be as small as one person selling products to their followers on social media platforms like Instagram or Facebook. Many don’t have a web storefront and instead rely on p
PayMaya owner Voyager Innovations raises $210M at a valuation of $1.4B
Voyager Innovations, the owner of the Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 billio
The Parentinc raises $22M led by East Ventures for its parenting community and D2C brand
The Parentinc, a Singapore-based startup that runs a parenting community and direct-to-consumer product line, announced today it has raised $22 million. The round was led by East Ventures with undiscl