Also: MegaRobo, UpGrad, Pixellot, and more startups raised funding. [Read from your browser]( FOMO Saturday Hello {NAME} My mom died from cancer earlier this year. It was heartbreaking for my family and all of our friends - she was a pillar of the community of sorts. Amid my sorrow, I found it funny that so many people came up to me during the funeral and introduced themselves as my momâs âbest friend,â even though Iâd never even met most of them. When I saw Tessa Therapeutics on our list of top fundraisers this week, it got me thinking about that time again. The Singapore-based cell therapy company aims to develop next-generation cancer treatments for hematological or blood-related malignancies and solid tumors. Imagine what it would be like if cancer werenât such a terrifying disease. What a world would that be to live in. You can find all other important investment deals that happened in the last few days in our [weekly funding news wrap-up](. Letâs dive into the biggest deals and M&As that recently took place. -- Nathaniel --------------------------------------------------------------- THE BIGGEST DEALS BY COUNTRY ð¸ð¬ Envision Digital: The Singapore-based greentech startup [bagged US$210 million in series A money]( from Government of Singapore Investment Corporation and Sequoia Capital China. ð¨ð³ Doma Biopharmaceutical: The Chinese drug developer raised US$144 million in a series A funding round from Biocytogen, CMBI, China Life Investment, PICC Financial Services Company, SDIC Venture Capital, and Suzhou Industrial Park Science and Technology Innovation Fund. ð®ð© Pintu: The Indonesia-headquartered crypto exchange [scored US$113 million in series B funding]( from Intudo Ventures, Lightspeed Venture Partners, Northstar Group, and Pantera Capital. ð®ð± Vayyar Imaging: The Israeli 4D-imaging radar company secured US$108 million in series E financing from Atreides Management, Battery Ventures, Bessemer Venture Partners, ClalTech, GLy Capital Management, Koch Disruptive Technologies, and MoreVC. ð®ð³ PhysicsWallah: The India-based edtech platform got US$100 million in series A funding from GSV Ventures and WestBridge Capital. Hereâs the complete list of this weekâs funding chart: [103 deals worth over US$1.7 billion](. --------------------------------------------------------------- M&As ð®ð³ Indian third-party logistics startup Shiprocket acquired rival Pickrr in a US$200 million deal. ð¸ð¬ Mighty Jaxx, a collectibles platform based in Singapore, [acquired high-end collectible firm Kinetiquettes and B2C platform PlayE]( in undisclosed deals. ð¸ð¬ Grab [acquired and relaunched Singapore-headquartered F&B platform HungryGoWhere]( for an undisclosed sum. ð¸ð¬ Space Matrix, a Singapore-based international design firm, acquired Pursuite, an Indian B2B ecommerce platform in the hospitality sector, for an undisclosed amount. ð®ð³ Clari, a US-based revenue operations platform, acquired Indian [SaaS]( platform Wingman for an undisclosed sum. --------------------------------------------------------------- STARTUPS THAT ARE RAISING FUNDS Fundraising is hard. To make things slightly easier, weâve compiled this list of fundraising startups for our subscribers. Do you run a startup thatâs raising at the moment or know someone who does? Sign your company up for listing [here](. ðµð° SalamChef is a hyperlocal service that helps chefs in Pakistan connect with nearby communities ð®ð© GetCraft is an Indonesia-based creator directory and management platform that connects content producers and creative businesses with top brands for projects and collaborations across Southeast Asia. ðð° 0xmoon is a Hong Kong-headquartered no-code toolkit that allows communities to verify and authenticate ownership of non-fungible tokens in real life with just one click. You can find the full list of fundraising startups in Asia [over here](. --------------------------------------------------------------- KILLER PITCH DECKS 1ï¸â£ An India-based working capital platform raised US$30 million in series B funding with this pitch deck
CredAble provides enterprises with liquidity to address challenges with securing working capital. Its AI-powered platform combines deep learning and analytics to create innovative supply chain financing products. Last year, it used [this pitch deck]( to raise series B funding. The deck begins with a comprehensive summary about the company. It then details CredAbleâs platform of services, covering each of its market ecosystems. 2ï¸â£ This women-focused fintech firm landed pre-seed funding with this pitch deck
Lucy is a mobile app that supports women entrepreneurs financially. The company used [this pitch deck]( to raise a US$365,787 pre-seed round from 18 women investors. The deck is designed to showcase the characteristics of Lucyâs female-focused brand, explaining how the startup is guided by its mission of helping women âwho are overlooked, underestimated, and underbanked become unstoppable by leveling the financial playing field.â 3ï¸â£ A Sequoia-backed startup secured US$60 million in series C funding with this deck
Ethos, an insurtech startup based in the US, uses machine learning and data science to underwrite life insurance - no need for medical exams, blood tests, or complex paperwork. It used [this pitch deck]( to raise US$60 million in its series C funding round. The deck introduces Ethosâ vision and its roadmap, which is geared toward untangling problems in the insurance industry. It then goes on to describe how the companyâs services simplify the process of applying for insurance. --------------------------------------------------------------- TIA SCHOOL Applications for Tech in Asia School's Fundraising Program close next week! We've been getting some really great questions from eager students on what the four-week curriculum is like and how it will equip early-stage founders with the tools and resources they need to cut through the fundraising noise. To help address these queries, we've published a [video FAQ]( on what Tech in Asia School is, and how our inaugural Fundraising Program is dedicated to help early-stage founders get investor-ready with our star lecturers Ula founder and CEO [Nipun Mehra]( and Quest Ventures partner [Yiping Goh]( together with support from mentors and our Founders' Community. Interested? [Submit your application]( by June 26 to be considered for the program! --------------------------------------------------------------- EXCLUSIVE LISTICLES Lists of most active investors in the region [China]( | [India]( | [Indonesia]( | [Japan]( | [Singapore]( | [Southeast Asia]( List of top-funded startups in Asia [China]( | [India]( | [Indonesia]( | [Israel]( | [Japan]( | [Hong Kong]( | [Singapore]( | [South Korea]( | [Vietnam]( List of largest exits in Asia [China]( | [India]( | [Indonesia]( | [Singapore]( | [Southeast Asia]( --------------------------------------------------------------- THOUGHTFUL READS 1ï¸â£ Sequoiaâs guide to weathering 2022
Earlier this year, Sequoia Capital hosted a series of sessions for its portfolio startups to help them navigate the current market conditions. The firm is now sharing these presentations as a digital toolkit for the broader startup community. Check it out on Sequoia Capitalâs [website](. 2ï¸â£ Not the end for crypto
Cryptoâs downfall has been greatly exaggerated, according to Lightspeed Venture Partnersâ Mercedes Bent. Though token values are crashing and the crypto winter has arrived, she is confident that cryptoâs fundamental underlying technology - blockchain and layered applications - will continue to be a defining technological shift of the next decade. Read her thoughts in [this Medium post](. 3ï¸â£ How to lead in an era of constant change
Since itâs no small feat to endure and manage change, CEOs across the business world will have to be aggressive in their efforts to stay competitive. [This Harvard Business Review piece]( outlines some of the actions business leaders have to take to successfully lead their companies through the changes of today. 4ï¸â£ Why so many whistleblowers are women
The tech industry has seen a number of high-profile whistleblowers come out in recent years, but why are so many of them women? [This Fast Company article]( attempts to answer the question. 5ï¸â£ The potential fallout of Three Arrows Capitalâs insolvency
Three Arrows Capital, one of the worldâs largest crypto-focused VCs, is in danger of insolvency, and this could have catastrophic consequences in the broader blockchain space. Twitter user @thedefiedge breaks down whatâs going on in [this thread](. [ADVERTISE]( | [SUBSCRIBE]( | [HIRE]( | [FIND JOBS]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Too many emails?
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Todayâs edition was written by Nathaniel Fetalvero. Itâs edited by Joy Tirkey. Copyright © 2022 Tech in Asia, All rights reserved.
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