BusinessBreak 
Proxtera has announced the successful first close of its Series Seed round of funding, with investments from Ant Group, CerraCap Ventures, and EDBI. Proxtera is the result of the Business sans Border initiative led by the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA), with the vision to create a global, … Read more
Scale Asia Ventures (SAV), a Silicon Valley-based venture capital firm, has launched its $30M inaugural early-stage fund in commitments to support enterprise-focused companies globally. Beyond early-stage funding, SAV also plans to fuel its portfolios with additional $100M later-stage funding directly from its deep-pocketed Limited Partner base. Fund backers include institutional funds, prominent family offices, and … Read more
Jenfi, a Singapore-based fintech startup, is expanding its business to Indonesia. The expansion follows their recent series A funding in 2021 and also includes Vietnam. The startup provides alternative funding solutions for businesses that can only be used for growth activities such as, but not limited to, digital advertising. Indonesia’s digital economy has grown significantly … Read more