SEA Digest: Staple raises $4m from Wavemaker; GIP freezes plan to buy MMC stake

SEA Digest: Staple raises $4m from Wavemaker; GIP freezes plan to buy MMC stake

Photo by Pepi Stojanovski on Unsplash

Singapore’s Staple has raised $4 million in a pre-Series A funding round from Wavemaker Partners, while infrastructure investor Global Infrastructure Partners (GIP) has shelved plans to buy an up to 49% stake in MMC Port Holdings, Malaysia’s biggest port operator.

Edited by: Pramod Mathew