Checkmate secures US$1.6M in Seed funding to transform pre-employment screening
The company will use the funds to expand to US and Southeast Asia markets,including the Philippines SINGAPORE, 17 SEPTEMBER 2024 — Checkmate, the fast-growing provider of comprehensive pre-employment screening solutions, is thrilled to announce the successful completion of its Seed funding round, securing over US$1.6 million (NZD 2.7 million) from Wavemaker Partners, Southeast Asia’s leading early-stage VC investing […]
Tour Amigo secures US$2M Seed capital to accelerate software development and expand global operations
Funding Will Support Advances of Tour Amigo Products and North America Expansion BRISBANE, QLD, 4 September 2024 — Tour Amigo, one of the fastest-growing B2B SaaS companies in the travel industry, announced today that it secured US$2 million capital in a Seed round led by Singapore-based venture capital firm Wavemaker Partners followed by 500 Global. This […]
Mushroom Material secures over US$5m Seed round for fungi-based Styrofoam alternative
SINGAPORE, 8 AUGUST 2024 – Mushroom Material, a start-up replacing styrofoam with the world’s first pelletized fungi packaging, has secured over US$5 million (NZ$8.5 million) in Seed funding. Wavemaker Partners, one of Southeast Asia’s leading VC firms, and Singapore’s SEEDS Capital have led the investment along with Icehouse Ventures, K1W1, and Black Kite Capital. Founded in 2020 by […]
Lhoopa Secures US$80 Million in Equity and Debt to Reduce Affordable Housing Backlog in Southeast Asia
Investment to drive expansion and support strategic initiatives MANILA & SINGAPORE, 16 JULY 2024 – Lhoopa, the innovative proptech company revolutionizing affordable housing in emerging markets, today announced the successful completion of its US$80 million funding round. This is one of the biggest funding rounds by a startup in the Philippines to date, and one of the […]
Tiger New Energy’s Battery Swapping Technology Receives US$3.5M Push
The injection of funds will enable the Bangladeshi startup to empower more drivers through an expanded network of battery swapping stations. DHAKA, BANGLADESH, 25 JUNE 2024 /PRNewswire/ – In the bustling streets of Bangladesh, where millions rely on three-wheelers daily, Tiger New Energy (“Tiger”), a Bangladeshi clean energy startup, is setting a new standard in urban mobility with […]
Singapore’s XSQUARE Technologies secures S$10.5M in Series A funding led by Wavemaker Partners
SINGAPORE, 23 MAY 2024 — XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised S$ 10.5 million in Series A funding. The round was led by Wavemaker Partners–Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups; with participation from SEEDS Capital—the investment arm of Enterprise Singapore–and Goldbell Corporation. The fresh funds will […]
How B2B investor Wavemaker Partners views Indonesia’s B2C scene
Almost all of Indonesia’s unicorns and decacorns are B2C companies, except perhaps two. But that’s not surprising at all. Indonesia is a goldmine of a consumer market—it boasts a staggering population of 270 million people, making it the largest in Southeast Asia and the fourth-largest in the entire world. The country is also becoming more […]
Gapai Secures $1 Million in Seed Funding to Empower Indonesian Migrant Workers
JAKARTA, 8 MAY 2024 – Gapai, a startup empowering Indonesian workers to pursue global careers, has secured US$1 million (IDR 16 billion) in seed funding to expand its international job placement services. Wavemaker Partners led the funding round with participation from returning investor Antler, both global VCs specialising in investing in early-stage startups in Southeast Asia. […]
Lhoopa: Solving SEA’s affordable housing crisis, one home at a time
It’s a story we often hear in emerging markets: people leaving rural areas for cities in search of a better life, only to find themselves in informal settlements with unsafe water, poorly built houses, and uncertain property rights. The problem isn’t that people don’t want to buy homes; it’s that there aren’t enough affordable ones […]
Staple raises $4m pre-Series A funding from Wavemaker Partners
SINGAPORE, 15 APRIL 2024 — Staple, a leading innovator in AI-driven document processing solutions headquartered in Singapore, today announced the successful closure of a $4 million pre-series A funding round led by Wavemaker Partners. This investment marks a significant milestone for Staple, underscoring its commitment to transforming the landscape of document processing through advanced artificial intelligence (AI). The […]