h.yperlocal[BETA]

Mon 26 June - Mon 03 July 2017

A list of startup news in South East Asia, without the fluff and clickbait.

News

Things you might have missed

Singapore

CredoLabs has raised US$1M in pre-Series A. CredoLab “anonomously” track your mobile behavior to give you a credit rating (for loans).

Link

Singapore

Holomusk has raised US$2.5 million so far out of their US$6M round. Holmusk created diabetes management platform GlycoLeap that enables users to track diet, blood sugar level, and weight.

Link

Bangkok

Digio has raised Series A funding (undisclosed amount). Digio provide a mobile POS (similar to Square in the US).

Link

Hong Kong

Three ICO (initial coin offerings) news stories this week: US$185M for its Ethereum, TenX has raised close to US$80M, and Cross Coin is looking to raise up to US$5M.
Etherium link and TenX link

Kuala Lumpur

Yet another crowdfunding success story in Malaysia: Firstation, a gym (yes, a physical gym) have raised US$150K.

Link

Singapore

Trax has closed a US$64M funding round. Trax uses AI to optimise the perfect shelf in retail stores)

Link

Singapore

Imagene Labs is expanding into Indonesia. Imagene develop healthcare recommendations based on your DNA

Link

Singapore

Lazada have received an additional $US1B funding from Alibaba.

Link

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