Ongo, a Myanmar-based mobile payments business, received a strategic investment from the National Bank of Canada.
Global early stage venture capital firm 500 Startups has launched its second fund, 500 Durians II for Southeast Asia.
Phandeeyar, a Yangon, Myanmar-based technology hub, received US$2m in funding.
Daraz, an online retailer in Asian frontier markets, secured €50m (approx. $55m) in the first financing round.