Catherine Shu
Writer
The Latest from Catherine Shu
Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners
Macrometa, the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. The round was led by Pelion Venture Partners, with participation f
Golden Gate Ventures forecasts a record number of exits in Southeast Asia
Despite the pandemic’s economic impact, Southeast Asia’s startup ecosystem has proven to be very resilient. In fact, a new report from investment firm Golden Gate Ventures predicts a record number
Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2
Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants incl
Corporate services “superapp” Osome lands $16M Series A
Osome, a startup that combines multiple corporate services for SMEs into one “superapp,” has raised a $16 million Series A. The round included returning investors Target Global, AltaIR Capital and
Dracula Technologies turns ambient light into energy with printed solar cells
Internet of Things devices are proliferating, making daily tasks more convenient for many people — but that comes at a cost. The United Nations expects the amount of e-waste created globally to reac
BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater
BukuWarung, a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, ma
Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platform
Many of the highest-profile English tutoring platforms focus on children, including VIPKID and Magic Ears. Ringle created a niche for itself by focusing on adults first, with courses like business Eng
Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M
Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are proliferating around the world. Today, Indonesian EWA startup wagely anno
BuyerAssist launches with $2M in funding to help B2B sales teams keep their buyers engaged
Selling enterprise software is much more complicated than convincing a potential customer that your solution is the best and signing a contract. A recent Gartner study found that buying groups for B2B
Endua creates hydrogen-powered clean energy storage, using tech from Australia’s national science agency
Hydrogen-based generators are an environmentally friendly alternative to ones powered by diesel fuel. But many rely on solar, hydro or wind power, which aren’t available all the time. Brisbane-based
Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF
Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group
Line to launch digital banking platform in Indonesia [updated]
Line Corporation, best known for its messaging app, will launch a digital banking platform in Indonesia this month. This means Japan-based Line Corp. will offer banking services in three of its bigges
Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors
Zenyum, a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused
By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens
Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsi
Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex
Intel kicked off this year’s virtual Computex by announcing two new 11th-gen U-Series chips for use in thin, lightweight laptops. It also unveiled its first 5G M.2 module for laptops, designed in a
Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures
Along with the stock market, cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu, a platform focused on first-time cryptocurrency buyers, announced today it has raised a
Taipei-based computer vision startup eYs3D gets $7M Series A
EYs3D Microelectronics, a fabless design house that focuses on end-to-end software and hardware systems for computer vision technology, has raised a $7 million Series A. Participants included ARM IoT
E-commerce startup Little Birdie lands $30M AUD prelaunch funding from Australia’s largest bank
Melbourne-based Little Birdie, an e-commerce startup that wants to become the “new homepage of online shopping,” won’t launch until next month, but it’s already scored a major investor. Common
Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round
TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B. The funding was led by MDI Ventures, the investment a
Rakuten and Beyond Next invest $1.4M seed funding in farm-to-table startup Secai Marche
Farmers and food businesses, like restaurants, deal with the same issue: a fragmented supply chain. Secai Marche wants to streamline agricultural logistics, making fulfillment more cost-efficient and