Funded! A list tracking Singapore based start-ups which raised money/ got acquired

Funded! A list tracking Singapore based start-ups which raised money/ got acquired

By alphabetical order:

  • chopeThe Chope Group – $8 milllion – June 2015
A four-year-old, Singapore-based online restaurant reservations platform, with the likes of Opentable, has just raised $8 million in new funding from F&H Fund ManagementNSI VenturesDSG Consumers PartnersFrontier Ventures, and Singapore Press Holdings. (see post “THE PIXE- LIST: TOP 5 STARTUPS TO WATCH THIS WEEK”)
  • Fastacash – $15 million  – July 2015
A three-year-old, Singapore-based fintech startup that serves to revolutionalise social payments and acts as an intermediary for banks — has raised $15 million in Series B funding led by Rising Dragon SingaporeLife.SREDAUVM 2 Venture Investments, and undisclosed existing investors, bringing it to a grand total of $23.5 million. Read more here.
  • KFit – $3.25 million – July 2015
One of my favorites, Kfit, has disrupted the steeply priced gym membership packages in Singapore with their one-for-all packages, freeing gym goers from the reins and giving them unlimited access to go to any gym which is Kfit’s listed partner. They raised $3.25 million in the round led by Sequoia capital. Read more here
  • Luxola – acquired by LVMH – July 2015

Another of my favorite shopping site, Luxola is now acquired! Famed for providing consumers with a myriad of makeup, skincare and personal care products, as well as excellent customer service, they have braved a long but confident journey to success. Read more here 

  • Mobikon – $2.3 million – July 2015

A six-year-old, Singapore-based company that makes cloud-based software to help restaurants manage almost all aspects of their businesss, has raised $2.3 million in new funding led by returning investor Jungle Ventures, bringing it to a grand total of $5 million altogether.  Read more here.

  • PayWhere – $5 million – August 2015

One of NUS’ most successful startups, PayWhere, is recently acquired by Philippine telco PLDT for $5 mil. PayWhere is the company behind TackThis, a SAAS platform that allows entrepreneurs and business owners to set up their own online stores in just a few steps, manage their inventory, and accept payments through a variety of local providers. The acquisition comes about as a result of PLDT’s goal of building its digital commerce business in the Philippines and other emerging markets.

  • Paktor – $7.4 million – June 2015

A two-year-old, Singapore-based social networking platform for singles, has raised $7.4 million in Series B funding from earlier investor, Vertex Venture Holdings and new backers Majuven, and Convergence Ventures. Previously, Paktor has raised $5 million from Vertex Ventures Holdings last year. Read more here.

  • qoo10Qoo10 – $82 million – July 2015
Qoo10 – my favorite ecommerce for buying virtually anything for all time (All these happened to be my favorites) has bagged $82 Million from SPHmediafund. It comes to no surprise that they are funded though I was expecting them to IPO. Other investors for this round include eBay, Saban Capital Group, UVM 2 Venture Investments, Brookside Capital and Oak Investment Partners. Read more here
Invested by Singapore VC firm:
  • Matterport – $30 million – June 2015

A 4.5-year-old, Mountain View, Ca.-based company, well known for its $4,500 camera that takes 360 degree images of its environment, has raised $30 million in growth funding from Qualcomm Ventures and Singapore’s GIC. Read more here.

Sources: Venture Beat, Techinasia, Techcrunch, StrictlyVC


For the latest startup news, Follow me on

Read my posts on Techinasia:

Add me on Linkedin

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s