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
IFC proposes to invest $10m in Circulate Capital fund
IFC is likely to invest in Circulate Capital Ocean Fund I-B.
SE Asia’s Carsome said to have confidentially filed for Nasdaq IPO
The company has recently witnessed a change in board representation.
China’s Ant Group acquires SE Asian digital payments firm 2C2P
After this acquisition, 2C2P aims to secure more overseas merchants and improve its product.
Real estate listing site PropertyGuru’s net loss balloons to $138m in 2021
It attributed a large portion, S$124.1 million, of the net losses to a one-time accounting charge.
Singapore Medtech firm Us2.ai raises $15m from IHH Healthcare, Sequoia, EDBI
Australian firm Heal Partners co-led the round with IHH Healthcare.
DEG commits to invest $13m in Quona Capital’s latest fund
Quona Accion Inclusion Fund III targets early-stage fintech and insurtech investments.
EcoImpact Capital to raise $50m health tech fund with White Hole Hub
The fund will start raising capital in the second quarter of this year.
[Updated] Healthtech firm Biofourmis to earn unicorn status with General Atlantic funding
The company had last raised $100 million in a Series C round led by SoftBank Vision Fund 2 in 2020.
SG’s Quest Ventures ties up with raiSE to launch social impact accelerator
The accelerator programme will invest capital up to $40,000 in seed-stage startups.
Equity management software Sprout raises $3m from Sovereign’s Capital, others
Sprout will use the funding to develop its product further, among others.
