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Category: News

Beppo secures pre-Seed funding to acquire JuanTax, bookkeeping firms

MANILA, 28 MAY 2024 – Philippines-based fintech startup Beppo has concluded a pre-Seed funding round, enabling the company to acquire JuanTax, a Bureau of Internal Revenue (BIR)-accredited tax platform, and five pioneering bookkeeping firms. The funding round, for an undisclosed amount, was led by Wavemaker Partners, with the participation of angel investors.  As the SME sector in the […]

Singapore’s XSQUARE Technologies secures S$10.5M in Series A funding led by Wavemaker Partners

SINGAPORE, 23 MAY 2024 — XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised S$ 10.5 million in Series A funding.  The round was led by Wavemaker Partners–Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups; with participation from SEEDS Capital—the investment arm of Enterprise Singapore–and Goldbell Corporation. The fresh funds will […]

Rize Raises US$14M in Series A Funding to Boost Tech Platform for Sustainable Rice Farming

Making sustainable rice farming viable is essential for reducing greenhouse gas emissions, which account for more than 10% of global methane output. SINGAPORE, 9 MAY 2024 — Rize, a pioneering agritech platform dedicated to making sustainable rice cultivation viable through innovative and data-driven practices, today announces the closing of its US$14 million Series A funding round. […]

Gapai Secures $1 Million in Seed Funding to Empower Indonesian Migrant Workers

JAKARTA, 8 MAY 2024 – Gapai, a startup empowering Indonesian workers to pursue global careers, has secured US$1 million (IDR 16 billion) in seed funding to expand its international job placement services. Wavemaker Partners led the funding round with participation from returning investor Antler, both global VCs specialising in investing in early-stage startups in Southeast Asia. […]

MetroElectro secures AU$1.04M of pre-seed funding from Wavemaker Impact to develop mid-sized renewable power plants to fast-track energy transition

MELBOURNE, AUSTRALIA, 7 MAY 2024 – MetroElectro, an innovative climate tech startup  founded by veteran digital business entrepreneur Lloyd Heinrich, has reached a significant milestone in its journey to speed up Australia’s transition to an energy grid powered by renewables. The startup has successfully secured a pre-seed investment of AU$1.03 million (US$690k) from  Singapore-based climate tech venture builder […]

Staple raises $4m pre-Series A funding from Wavemaker Partners

SINGAPORE, 15 APRIL 2024 — Staple, a leading innovator in AI-driven document processing solutions headquartered in Singapore, today announced the successful closure of a $4 million pre-series A funding round led by Wavemaker Partners. This investment marks a significant milestone for Staple, underscoring its commitment to transforming the landscape of document processing through advanced artificial intelligence (AI). The […]

Future of space-tech: Aliena secures US$5.6M to scale up production of engines to serve 95% of satellites

SINGAPORE, 9 APRIL 2024 – Aliena, the only Southeast Asian satellite engine company based in Singapore, is known for its cutting-edge electric propulsion systems and extends the operational life span and mission capabilities of satellites in low-Earth orbit.  They received a US$5.6 million boost for its Series A financing round led by Wavemaker Partners, with participation from local […]

Climate tech startup WasteX gears up for accelerated growth in Southeast Asia with P4G funding

SINGAPORE, 3 APRIL 2024 – WasteX, a climate tech company operating in Indonesia and the Philippines, reached another milestone by securing US$450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy. This financing is pivotal in advancing WasteX’s mission: to help farmers solve […]

Elevate Foods secures US$525,000 pre-seed funding to revolutionise global food supply chains

Singapore, 27 March 2024 – Elevate Foods, South Asia’s first platform for small- and medium-sized farm-gate processors, announces the successful closure of its pre-seed funding round, led by climate-focused investors Wavemaker Impact (WMi). The investment of US$525,000 will catalyse Elevate Foods’ vision of establishing a globally trusted network for processed agri-produce. With this capital infusion, Elevate Foods […]