Oneteam Raises SGD 3.5M Seed Round to Revolutionise SME Succession through Employee Ownership
SINGAPORE, 20 NOVEMBER 2024 – Oneteam, a Singapore-based startup dedicated to transforming succession at small and medium-sized enterprises (SMEs) through employee ownership, has successfully closed its SGD 3.5 million Seed round. The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners, Southeast Asia’s leading VC group investing in Enterprise, Deep Tech, and […]
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 […]
Beppo secures pre-Seed funding to acquire JuanTax, bookkeeping firms
MANILA, 28 MAY 2024 – Philippines-based fintech startup Beppo has concluded a pre-Seed funding round, enabling the company to acquire JuanTax, a Bureau of Internal Revenue (BIR)-accredited tax platform, and five pioneering bookkeeping firms. The funding round, for an undisclosed amount, was led by Wavemaker Partners, with the participation of angel investors. As the SME sector in the […]
Concrete has a major carbon problem. Here’s Neocrete’s solution
Think about this: after water, concrete is the most widely used material in the world. It is everywhere–in roads, bridges, tunnels, buildings, and other infrastructure. All this modern development, however, presents a big problem. Producing cement, the key ingredient in concrete, releases harmful carbon dioxide, making up 8% of global carbon emissions. We can’t deny how […]
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 […]