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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.
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).
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.
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 has sold its 49 per cent stake in Cambodia Angkor Air to private investors, Khmer media reported, citing a local government official.
OOCTANE, a $55-million Cambodian venture capital fund, has made its first investment in local food delivery service Muuve, per an official announcement.
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 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.