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VOCHI raises additional $2.4 million for its computer vision-powered video editing app

VOCHI, a Belarus-based startup behind a clever computer vision-based video editing app used by online creators, has raised an additional $2.4 million in a “late-seed” round that follows the company’s initial $1.5 million round led by Ukraine-based Genesis Investments last year. The new funds follow a period of significant growth for the mobile tool, which […]

Asia Asia Partners b2b marketplace Falcon Edge Fundings & Exits GudangAda Indonesia SMEs Southeast Asia Startups supply chain TC

Indonesian B2B marketplace GudangAda raises more than $100M in new funding

GudangAda founder and chief executive officer Stevensang GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million. The company says the round was oversubscribed, passing its initial target of $75 million. The funding was led by Asia Partners and […]

AgriTech Aruna Asia fisheries Fishing Food Fundings & Exits Indonesia maritime Southeast Asia Startups sustainability TC

Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This means fisheries, especially small ones, deal with fluctuations in demand […]

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Byju’s acquires reading platform Epic for $500 million in US expansion push

Byju’s said on Wednesday it has acquired California-headquartered reading platform Epic for $500 million, the latest in a series of moves from India’s most valuable startup as it deepens its footprint in the U.S. market. The deal involves both cash and stock and Epic founders — Kevin Donahue and Suren Markosian — will continue to […]

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Austin-based Fetch Package secures $60M in equity & debt after tripling ARR in 2020

Fetch Package, a last-mile package delivery company for apartment communities, has raised $50 million in a Series C round of funding and closed on a $10 million venture debt facility. Michael Patton founded Fetch in May 2016 after being frustrated by having packages lost at the apartment community in which he was living.  “I took […]

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