Indonesia is carrying the torch! Find out which Asian startups are raising funds between 02 and 8 December 2024. This week, Indonesian startup Mayapada Hospital raises USD 157 million to expand its hospital network.
Reminder: this article is sponsored by our partner WINVESTY. Are you looking for a Professional Fundraiser for your start-up or SME? Find out more about its WINVESTY Fundraiser programme.
Here is the list of fundraisers in Asia:
Meatable - Food - USD 31.7 million fundraising round
- Amount raised USD 31.7 million
- Domain Cultivated meat
- Country of origin : Netherlands
- Description Meatable, a Dutch company specialising in the production of cultured meat, has received investment from Betagro Ventures, the venture capital arm of Thai food giant Betagro, marking Betagro's first foray into the sector. At the same time, Meatable raised USD 31.7 million from Desmos Capital Partners, founded by former British politician Chris Skidmore. The funds will be used to expand Meatable into the Asian alternative protein market, with a planned launch in Singapore in 2025.
KKday - Travel - USD 70 million fund raising
- Amount raised USD 70 million
- Domain : Travel platform
- Country of origin Taiwan
- Description KKday: KKday, a Taiwanese travel experience platform, has raised USD 70 million from investors including the Cool Japan Fund, Taiwan's National Development Fund, CHBVC, Darwin Ventures and ZUU & De Capital Fund. Additional credit lines have been obtained from several financial institutions. The funds will be used for mergers and acquisitions in the Asia-Pacific region, technology improvements and talent recruitment, with a particular focus on the Japanese market.
eFishery - Aquaculture - raising USD 70 million in funds
- Amount raised USD 70 million
- Domain : Aquaculture technology
- Country of origin Indonesia
- Description Argor Capital Management, formerly Go-Ventures, is in the process of closing a USD 70 million follow-on fund to increase its stake in eFishery, an Indonesian start-up specialising in aquaculture technologies. The move reflects investors' confidence in eFishery's growth potential.
TechCoop - AgriTech - raising USD 70 million in funds
- Amount raised USD 70 million (Series A)
- Domain : Agritech
- Country of origin : Vietnam
- Description South East Asia: TechCoop, a Vietnamese agritech company, has raised USD 70 million in a combination of equity and debt, marking one of the largest Series A financings for an agritech start-up in South East Asia. The round was led by TNB Aura and Ascend Vietnam Ventures, with participation from other investors.
Mayapada Hospital - Healthcare - USD 157 million raised
- Amount raised USD 157 million
- Domain : Health
- Country of origin Indonesia
- Description Bain Capital has invested USD 157 million in PT Sejahteraraya Anugrahjaya Tbk, the parent company of Mayapada Hospital in Indonesia. The investment comprises USD 32 million in new shares and USD 125 million in bonds, aimed at supporting the expansion of Mayapada's hospital network across Indonesia.
The Flow Studio - Fitness and well-being - unspecified amount of funds raised
- Amount raised Not specified
- Domain : Fitness and well-being
- Country of origin Malaysia
- Description Bintang Capital Partners has made an undisclosed investment in The Flow Studio, a reformist yoga and pilates studio in Malaysia. Founded by Tiffany Yow and Lachlan McComiskie, The Flow Studio operates seven studios in Klang Valley, Penang and Kota Kinabalu. This investment underlines Bintang's commitment to gender investment, as The Flow Studio is a company founded and run by women.
These fundraisings illustrate the dynamism and diversity of Asia's growth sectors, ranging from food and travel technology to health and wellness.
English 
French 
German 
Spanish 
Portuguese 
Russian 
Chinese 
Dutch