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Sun King Raises Additional $70M; Expands Series D to $330M

Sun King, a provider of solar energy products for off-grid homes in Africa and Asia, raised additional $70M in an extension of its Series...

SolarHome Raises US$10M in Debt Financing

SolarHome, a Myanmar-based Pay-As-You-Go solar company, raised US$10m in debt funding. Backers included Crowdcredit, a cross-border crowdfunding platform based in Japan, and Trine, a...

Ongo Receives Strategic Investment from National Bank of Canada

Ongo, a Myanmar-based mobile payments business, received a strategic investment from the National Bank of Canada. National Bank Of Canada has become a new...

500 Startups Launches $50M Second VC Fund for Southeast Asia

Global early stage venture capital firm 500 Startups has launched its second fund, 500 Durians II for Southeast Asia. According to a regulatory form filed...

Myanmar-Based Tech Hub Phandeeyar Raises $2M Grant Funding

Phandeeyar, a Yangon, Myanmar-based technology hub, received US$2m in funding. Omidyar Network provided the grant. Led by Aung Kham, Aung Win Htut, David Madden, Ei...

Daraz Raises €50M in Financing

Daraz, an online retailer in Asian frontier markets, secured €50m (approx. $55m) in the first financing round. Backers included CDC Group as well as...

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