Unicorn Nest news
Malaysia-based Poladrone raises $4.29M seed round to protect crops
- Poladrone, a drone startup, raised $4.29m in seed funding. - The round was led by Wavemaker Partners and joined by MTDC, ZB Capital Limited, and angel investors. - The company plans to use the funding for hiring and to scale operations and to build more service centers in agricultural areas.
Unicorn Nest news
Portcast gets $3.2M to create more transparent and sustainable supply chains
– Portcast, a logistics operating system, raised $3.2m in pre-Series A funding.
– The round was led by Newtown Partners, with participation from Wavemaker Partners, TMV, Innoport and SGInnovate.
– Based in Singapore, Portcast serves clients in Asia and Europe.
Unicorn Nest news
Hum Capital Raises $9M in Series A Funding
– Hum Capital is a NYC-based AI powered funding platform.
– The company raised $9m in Series A funding.
– The round was led by Future Ventures, with participation from Webb Investment Network, Wavemaker Partners and Partech.
– The new investment will be used to scale the company’s go-to-market operations and onboard new institutional investors onto its Intelligent Capital Market (ICM) platform to expand access to a diverse range of non-dilutive financing products.
Unicorn Nest news
Parcel Perform Raises US$20M in Series A Funding
– Parcel Perform from Singapore develops a cloud-based delivery experience platform for e-commerce businesses worldwide.
– The company raised $20m in Series A funding.
– The round was led by Cambridge Capital, with participation from new investor SoftBank Ventures Asia and existing investors Wavemaker Partners and Investible.
– The new investment will be used to establish a regional headquarters in North America and grow to 150 employees globally by the end of the year.
Unicorn Nest news
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 oversubscribed, passing its initial target of $75 million.
– The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners.
– This brings GudangAda’s total raised so far to about $135 million.
– Its last funding was a $25.4 million Series A last year, led by Sequoia Capital India and Alpha JWC.
– Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia.
Unicorn Nest news
MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming
– PreShow Interactive, a startup that provides gamers with virtual currency in exchange for watching ads, raised $3m in seed funding.
– The round was led by Harlem Capital and joined by Canaan Partners, Wavemaker Partners, Front Row Fund, ROC Fund, BK Fulton and Monroe Harris.
– The company is led by MoviePass’ founding CEO Stacy Spikes.
Unicorn Nest news
Vietnamese electric motorbike startup Dat Bike raises $2.6M led by Jungle Ventures
– Dat Bike, a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6m in pre-Series A funding.
– The round was led by Jungle Ventures and included participation from Wavemaker Partners, Hustle Fund and iSeed Ventures.
– The company’s flagship motorbike, called Weaver, was created to compete against gas motorbikes.
– Dat Bike opened its first physical store in Ho Chi Minh City last December.