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Shift4Good Completes Its First Closing Of Over $98-Milllion In Its Latest Impact VC Fund

Impact investment fund Shift4Good is a Singapore and Paris-based sustainable mobility venture capital (VC) firm. The firm has attracted $98 million in the first close of its latest impact fund.  The VC firm confirmed the development in a LinkedIn post, which said that investors in the first close include European Investment Fund (EIF), Renault Group, […]

Singapore-Based Bolttech Concludes Series B Funding Rounds

Bolttech, which is one of the world’s fastest-growing international insurtech companies, announced that their Series B funding round will be led by Tokio Marine, alongside other shareholders.  Tokio Marine and other shareholders will lead bolttech’s Series B funding round in a move that values the Singapore-based insurtech unicorn at approximately US$1.5 billion, one year after […]

Singapore-Based Interior Design Unicorn Livspace Sets Aside $100m For Strategic Acquisition

Interior design unicorn Livspace has announced that it will set aside $100m for its expansion plans in India, Singapore, Malaysia, and the Middle East.  According to the company’s announcement, the funds will go towards incubating and investing in brands and content destinations across markets in the home decor, interior, renovation, and ancillary segments.  Anuj Srivatsava, […]

Line Man Wongnai Becomes Thailand’s Latest Unicorn After Securing $265 Million In Funding

In Line Man Wongnai’s latest funding round, Line Man Wongnai announced that they raised $265 million in a Series B funding round which values the company at over $1 billion, securing the company’s position as Thailand’s latest unicorn.  The latest funding round was anchored by Singapore’s sovereign wealth fund GIC and Japan-based Line Corporation. The […]

TikTok’s Failure To Protect Children’s Privacy Lands In £27 Million Fine In The UK

TikTok, a Chinese short video platform, is quite popular among young users, which has led to a slew of privacy-related issues.  The UK’s Information Commissioner’s Office (ICO) found the video-sharing platform may have processed the data of under-13s without appropriate consent. This breach of privacy is said to have happened over more than two years, […]
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