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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception.

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4DX Ventures and Flutterwave back Francophone Africa’s CinetPay in $2.4M round

TechCrunch

Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifies two particular markers for the pair. “Our vision is to be the first payment aggregator in Francophone Africa by 2025. million in seed funding.

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Venture investor Antler commits $100m to over 300 startups in SE Asia in 4 years

AsiaTechDaily

Register Global venture capital firm Antler has committed to investing $100 million by 2025 to at least 300 startups in Southeast Asia , according to an announcement. The plan is to enable founders to launch and grow early-stage startups in the Southeast Asian region over the next four years.

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Japan’s Zeals raises $38.8M to scale its chat commerce platform

TechCrunch

JIC Venture Growth Investments led the Series E equity funding, with participation from Z Venture Capital , a venture investment arm of Z Holdings, Japan Post Capital and Salesforce Ventures. The latest round brings its total funding raised to $41.4 million, the company said without disclosing its valuation.

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Malaysian startup HOMA2U eecures $875K in pre-Series A funding

AsiaTechDaily

The investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Singapore-based Quest Ventures Pte Ltd. This marks Quest Ventures Asia Fund II’s second investment in HOMA2U. In 2021, HOMA2U secured a series of funding amounting to RM2.4

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Hypd raises $4m to empower content creators in India

AsiaTechDaily

Register Hypd , the Indian tech platform that enables content creators to monetize their influence, has successfully raised $4 million in a pre-series A funding round led by Orios Venture Partners. Existing investors Sauce VC and Better Capital also participated, doubling down on their previous investments.

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