As we close the first half of 2021, we look back at the biggest stories in June, plus news you may have missed.
Four 500-backed startups across Indonesia, Spain, Pakistan, and Malaysia successfully raised funding this month, totaling US$153.3 million. Meanwhile, Singapore startup Haulio finds a firm footing in Thailand and Neuron Mobility scores another win after being appointed as the sole e-scooter operator in Dunedin, New Zealand.
Missed last month’s roundup? Check it out here.
Funding news
- Kredivo bags another US$100M debt facility, eyes 10M customers
- Lingokids raises US$40M, reaches more than 30 million families worldwide
- Dawaai lands US$8.5M, serving 11 million in 98 cities
- Naluri bags US$5 million to strengthen services in chronic diseases & mental health
Partnerships & launches
- Arcstone launches ~US$13.4M joint lab to boost digital manufacturing
- Haulio expands in Thailand with CMA CGM; eyes 200% growth
- Shohoz launches edtech platform with Scholastic learning tools
- Koo to reach wider multilingual audiences in India with new partnership
- Grassroot gamers to organize their own tournaments on ESPL
From 500 Startups
- Vishal Harnal on how more unicorns can emerge from Southeast Asia
- Southeast Asia’s next unicorn could be in insurance
- 500 Startups & Petronas launch accelerator program for deeptech
Awards
- mClinica awarded Technology Pioneer by World Economic Forum
- Jala Tech only SEA startup selected for Unreasonable Impact Asia Pacific 2021
Other stories you may have missed:
- Bicycle insurtech startup Laka embarks on an international partnership with Knaap Bikes.
- The city of Dunedin in New Zealand appoints Neuron Mobility as the sole e-scooter operator.
- MHub joins forces with fintech startup Blue Duck in a commitment to greater professionalism and transparency in delivering property transaction and advisory services.
Missed out the last Daily Markup? Go here to check it out.
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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.
This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Startups”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.
