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
8F Asset Management makes first close of SE Asia aquaculture fund at $61m
The total corpus that the firm is planning to raise is $120 million.
SG Digest: World’s first commercial cultivated meat facility opens; BuzzAR raises $630K
The meat facility will help alt protein firm Eat Just produce its cell-based chicken bites.
Grab’s Q2 results show its enterprise business is the most underappreciated division
The enterprise business comprises GrabAds and GrabDefence.
Alternative protein fund Lever VC hits final close of Fund I at $80m
Lever VC is already in active conversations to initiate fundraising for Fund II.
Risk capital investors spot big promise in SE Asia’s mental health startups
MindFi and Holmusk are both looking to close their next rounds this year.
Alt protein firm Growthwell raises $15.9m from Temasek, Creadev
Temasek had led an $8 million funding round for Growthwell in April 2020.
What is Sea Ltd planning next after $6b addition to its war chest?
The company may expedite global expansion plans or scout for acquisitions.
[Updated] Indonesian e-commerce enabler SIRCLO raises $36m led by East Ventures, Saratoga
Indonesian travel unicorn Traveloka and Sinar Mas Land joined the round.
Asia Digest: Blockchain firm SubQuery raises $9m; AirBolt closes $1.5m seed round
SubQuery raised a seed round earlier this year from the likes of DeFi Alliance and P2P Capital.