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Jon Russell / TechCrunch:
Indonesia-based trucking logistics startup Kargo comes out of stealth, raises a $7.6M seed round led by Sequoia with Travis Kalanick's 10100 participating   —  Travis Kalanick may be busy cooking up a cloud kitchen business, but that hasn't stopped the former Uber CEO's VC fund from making its first investment in Southeast Asia.
Mar 22, 2019, 2:00 PMIn context
Jon Russell / TechCrunch:
Singapore-based Sea is raising as much as $1.5B from a new share offering, most likely for its Shopee e-commerce business in Southeast Asia   —  Alibaba is about to get a jolt from its largest rival in Southeast Asia.  Sea, the Nasdaq-listed business, is raising as much as $1.5 billion …
Mar 6, 2019, 7:55 AMIn context
Jon Russell / TechCrunch:
Grab confirms $1.46B investment from SoftBank's Vision Fund, which takes Grab's ongoing Series H to $4.5B, source says at a $14B valuation   —  Grab has become the newest addition to the SoftBank Vision Fund after it announced today that it has pulled in a $1.46 billion investment from the super fund.
Mar 5, 2019, 11:15 PMIn context
Jon Russell / TechCrunch:
Ride-hailing company Go-Jek raises $100M from Indonesian conglomerate Astra as part of its Series F; Go-Jek has raised more than half of its Series F $2B goal   —  U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia …
Mar 4, 2019, 7:15 PMIn context
Jon Russell / TechCrunch:
Thailand's government passes cybersecurity bill that has been criticized for vagueness and the potential to give the government sweeping access to user data   —  Thailand's government passed a controversial cybersecurity bill today that has been criticized for vagueness and the potential to enable sweeping access internet user data.
Feb 28, 2019, 8:55 PMIn context
Jon Russell / TechCrunch:
From April 1, Viber to start charging chatbot operators $4.5K per month to send up to 500K messages, as part of a controversial new strategy   —  Viber, the messaging app down by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will see it charge companies that run chatbots on its platform.
Feb 24, 2019, 5:00 AMIn context
Jon Russell / TechCrunch:
Clutter, an on-demand physical storage company that manages the pickup, storage, and retrieval of your belongings, raises $200M Series D led by the Vision Fund   —  There's plenty of speculation right now around apparently disgruntled investors in SoftBank's Vision Fund …
Feb 21, 2019, 12:40 AMIn context
Jon Russell / TechCrunch:
Lalamove, a Hong Kong-based on-demand delivery startup, has closed a $300M funding round split into two tranches, says it has been valued over $1B for some time   —  Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia.
Feb 20, 2019, 8:45 PMIn context
Jon Russell / TechCrunch:
German insurance giant Allianz increases the size of its VC fund, Allianz X, from €430M when it launched in 2016, to €1B, making it one of the largest in Europe   —  Allianz X, the venture capital arm attached to German insurance giant Allianz, has increased the size of its fund to €1 billion …
Feb 20, 2019, 8:05 AMIn context
Jon Russell / TechCrunch:
Coinbase buys Neutrino, which helps monitor, analyze, and track cryptocurrency flows, for an undisclosed sum   —  Coinbase, the world's most valuable crypto company, is gearing up to add more cryptocurrencies to its exchange thanks to its latest acquisition.
Feb 19, 2019, 8:10 AMIn context

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