In today’s briefing:
- Hyperlounge Raises US$8M in Series A to Grow Beyond Being a Business Analytics Platform
- Venteny Raises $21m Via Indonesia IPO
Hyperlounge Raises US$8M in Series A to Grow Beyond Being a Business Analytics Platform
- Hyperlounge, a real-time data analysis and management insights SaaS platform for small and medium-sized (SME) business executives, announced that it had raised US$8 million in Series A investment.
- The funding round is led by Altara Ventures, together with FuturePlay, StoneBridge, BA Partners, RyuKyung PSG, and Nextrans.
- South Korean software reseller UClick joined the funding round as a strategic investor.
Venteny Raises $21m Via Indonesia IPO
- The firm, which provides growth funding and human resource services, went public under the ticker symbol VTNY.
- Venteny offered around 930 million shares – representing 15% of its enlarged share pool – at a price of 360 rupiah (US$0.023) apiece.
- The company raised US$21 million, pegging its valuation at around US$158 million.
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