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Cambodia’s Iron Capital secures funding to develop digital automotive ecosystem

Cambodia-based investment holding company Iron Capital Plc has secured a $5.7-million Series A funding round to create the country’s first digitalised automotive ecosystem.

SE Asia Digest: NEXEA invests $250k in ZCOVA; Mediaload raises Series A

Malaysian Venture Capital firm NEXEA Angels Sdn Bhd (NEXEA) has invested RM 1 million ($250,000) in jewellery and diamond company ZCOVA while Cambodia-based digital media company Mediaload has raised an undisclosed amount in Series A funding round from True Digital Group (TDG).

Evergreen Assets Management looks to raise $73m for Indochina expansion

Singapore-based Evergreen Assets Management is raising a $73 million (S$100 million), five-year, closed-end fund to finance the expansion of its business in Indochina and Singapore, the company said in a press statement on Tuesday.

ThinkZone, CJCC forge partnership; Bonza bags funding from East Ventures

Vietnam-based accelerator ThinkZone and Cambodia’s CJCC have signed a cross-border partnership to support the burgeoning startup ecosystem in the two countries.

Vietnam Airlines sells 49% stake in Cambodia Angkor Air

Vietnam Airlines has sold its 49 per cent stake in Cambodia Angkor Air to private investors, Khmer media reported, citing a local government official.

Cambodian VC firm OOCTANE scores first deal in food delivery startup Muuve

OOCTANE, a $55-million Cambodian venture capital fund, has made its first investment in local food delivery service Muuve, per an official announcement.

500 Startups backs Cambodian property platform KhmerHome.com’s seed round

Cambodian property platform KhmerHome.com has secured an undisclosed six-digit seed funding round from Silicon Valley’s 500 Startups, the startup announced in a statement.

Vietnam’s co-working space operator Toong to foray into Cambodia

Vietnam’s co-working space operator Toong will now be present across the Indochina markets with its entry into Phnom Penh, Cambodia, this month, founder & CEO Duong Do told DEALSTREETASIA in an exclusive interview.