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
SG fintech Volopay plans APAC, Middle East expansion following $29m Series A
The funding round was led by the JAM Fund.
Bullish on SaaS, wealth management, healthtech in SE Asia: Prosus Ventures
Prosus Ventures has invested over $1 billion in over 20 companies as of November 2021.
Temasek, ABC World Asia earn $48m each by selling Sunseap stake to EDP
Sunseap co-founders earned over $20 million from paring their stake in the firm.
Proterra Asia makes three investments in China’s food sector
The investees include Zhong Hong, Wuan Chuang, and No Ordinary Drinks.
Market selloff, valuation plunges indicate no sign of weakness in SE Asia: Alpha JWC
Alpha JWC expects the number of deals it sees in the market to rise to 3,000 this year.
SG Digest: UnaBiz buys Dutch SensaTag; bolttech acquires AVA Insurance
Two Singapore startups - UnaBiz and bolttech - have announced acquisitions.
SG’s crypto firm Amber Group raises $200m in Series B+ round led by Temasek
The transaction pegs the valuation of the company at $3 billion.
Alt protein VC Better Bite Ventures launches $15m fund
Better Bite Ventures has invested in 10 companies so far.
Data centre operator Princeton bags $500m from Mubadala, Warburg Pincus, others
Princeton will use the funds to deepen its presence in Japan, India, Singapore, China, and Indonesia.
Climate tech deals in SE Asia still nascent with few startups, cautious investors
Circulate Capital, that has raised $112m for a fund, is scouting for projects in India, and SE Asia.
