Catherine Shu
Senior Reporter
The Latest from Catherine Shu
AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups
AppWorks, the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. AppWorks Fund III’s limited p
Mushroom-based meat alternative startup Fable Food raises $6.5M AUD, will launch in the US
Sydney, Australia-based Fable Food is the latest plant-based food startup to announce funding. The company, which uses mushrooms in its meat alternatives, has raised $6.5 million AUD (about $4.8 milli
Founded by a Freshworks alum, sales commission platform Everstage gets $1.7M seed funding
For sales representatives, commissions are a source of motivation — and frustration, too. Commission structures are often complex and become even more labyrinthine as companies grow. “There is a s
LawVu, a cloud-based platform for in-house legal teams, raises $17M NZD from Insight Partners
In-house legal teams play a critical role in companies, but a lot of them don’t have the same kind of technology as their counterparts in sales or finance. Instead, they often rely on email, shared
Two months after its Series A, Pintu gets $35M in new funding led by Lightspeed
Just two months after its last funding announcement, Indonesian crypto assets platform Pintu has closed a $35 million Series A+. The new round was led by Lightspeed Ventures, with participation from r
Dataiku gets $400M at a $4.6B valuation, led by Tiger Global
Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning invest
Vietnamese on-demand e-commerce platform Loship raises $12M at a valuation of $100M
Loship, the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. The round
Revery gets $2M to improve mental health with mobile gaming techniques
In “Macbeth,” Shakespeare described sleep as the “chief nourisher in life’s feast.” But like his titular character, many adults aren’t sleeping well. Revery wants to help with an app that
MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks
MGA Thermal wants to help utility companies transition from fossil fuels to renewable energy sources with shoebox-sized thermal energy storage blocks. The company says a stack of 1,000 blocks is about
Singapore-based Nektar.ai gets $6M to help B2B sales team collaborate more effectively
Organizing information about prospective deals is a challenging task for B2B sales teams, since salespeople usually rely on multiple tools (email, Zoom, WhatsApp, etc.) to talk with buyer committees.
Employee engagement platform Culture Amp raises $100M at a $1.5B valuation
Culture Amp was founded in 2009 to let companies conduct anonymous employee surveys, but since then, its focus has expanded to helping employers turn the data they collect into action.
Japanese sneaker platform SODA raises $56.4M, acquires rival Monokabu
SODA runs SNKRDUNK, one of Japan’s largest sneaker reselling platforms with about 2.5 million monthly users.
INKR draws in $3.1M to make more comics accessible to worldwide audiences
INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previously bootstrapped, the com
Shikho, an edtech startup focused on Bangladesh’s students, gets $1.3M seed
In Bangladesh, students often rely on after-school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to
Greywing launches Crew Change to help shipping companies navigate COVID-19 regulations
For fleet managers, managing shipping crew changes across different countries is an elaborate process even in the best of times — and now is definitely not the best of times. Greywing, a Y Combinato
Rocketium raises $3.2M to help creative teams create massive marketing campaigns
In between A/B testing, customizing targeted ads and formatting for different digital platforms, some design teams are tasked with campaigns that include thousands of images, videos and other visual c
Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina
HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation fro
Freightify lands $2.5M to make rate management easier for freight forwarders
Freight forwarders often keep track of rates on spreadsheets they email to customers, but the pandemic has made that difficult because prices are constantly fluctuating. Freightify, a startup that ref
Indonesian B2B marketplace GudangAda raises more than $100M in new funding
GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million. The company says the round was ov
Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund
When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of t