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).

Malaysian Venture Capital firm NEXEA Angels Sdn Bhd (NEXEA) has invested RM 1 million ($250,000) in jewellery and diamond company ZCOVA, according to an announcement.

“NEXEA believes that ZCOVA is on the right path to disrupt the traditional diamond market. When customers no longer see the reason to pay a premium for the same diamond they can get on ZCOVA’s platform – brick and mortar stores will soon meet their obsolescence,” said Ben Lim, Managing Partner, NEXEA.

In full: https://www.dealstreetasia.com/stories/asia-digest-zcova-mediaload-209601/

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