Rachel Phua
Rachel Phua is a reporter with DealStreetAsia based in Singapore and covers startups and venture capital. She was previously a reporter at Channel NewsAsia with both the digital and broadcast teams, covering labour and property news.
Stories by Rachel Phua
[Updated] SG fintech startup Minterest bags $2m from SingHaiyi’s Huaidan Chen
The funding brings the total raised by Minterest in its current round to $40 million.
Quest Ventures, ShipsFocus launch $7.5m maritime-focused fund
The fund will back startups that are creating solutions for the entire shipping supply chain.
Crypto exchange Binance invests in metaverse platform SecondLive
The investment pegs the valuation of SecondLive at $30 million.
Shanghai-based SPAC Pomelo Acquisition files for $75m US IPO
The SPAC will target a company in either Asia-Pacific or North America.
Auto marketplaces Carro and Carsome eye funding from state investors amid pre-IPO rev-up
Carro is reportedly in talks with Malaysia's PNB and Singapore's Temasek for an extended Series C funding.
SEA Digest: Indonesia’s Astro, SG underwater robot maker BeeX raise capital
BeeX has raised a seed round led by Cap Vista.
SoftBank Vision Fund 2, Singapore’s GIC back crypto conglomerate DCG
Alphabet’s Capital G, Ribbit Capital, and Tribe Capital also invested.
Temasek-backed ShopBack to acquire Singapore BNPL firm hoolah
hoolah’s co-founder Stuart Thornton had quit the company last month.
SG’s Hugo Capital looks to raise up to $200m to invest in growth-stage firms
The firm seeks to make its first close by mid-next year.
KKR to buy Australian hotel Sofitel from SG’s Frasers Hospitality for $237m
The hotel was sold at a 34.3% premium to Frasers’ purchase price.
