In today’s briefing:
- KKday lands US$70M funding to bolster M&As in Asia Pacific, AI projects | e27
- KPay nets US$55M for expansion amid Asia’s fintech slowdown | e27
- Taiwan’s TMYTEK secures US$40M Series B to boost 5G, satellite tech | e27
KKday lands US$70M funding to bolster M&As in Asia Pacific, AI projects | e27
- KKday, an e-commerce platform for tours, experiences and activities, has raised approximately US$70 million in a new financing round.
- New and existing investors, including Cool Japan Fund, Taiwan’s National Development Fund, ZUU & De Capital Fund, CHBVC, and Darwin Ventures, participated in the round.
- KKday has also secured several credit lines from financial institutions.
KPay nets US$55M for expansion amid Asia’s fintech slowdown | e27
- KPay Group, a Hong Kong- and Singapore-based financial management and business operations platform, has secured US$55 million in its Series A funding round.
- This round was led by Apis Growth Markets Fund III and Apis Global Growth Fund III, managed by Apis Partners, a UK-based ESG and impact-native global private equity asset manager.
- The investment will fuel KPay’s expansion plans across key Asian economies, including Indonesia, the Philippines, Malaysia, and Thailand.
Taiwan’s TMYTEK secures US$40M Series B to boost 5G, satellite tech | e27
- TMY Technology (TMYTEK), a Taiwanese provider of millimetre-wave (mmWave) solutions, has raised US$40 million in its Series B funding round. Amazing Microelectronic Corp. and EZconn Corporation led the round, which was participated in by CDIB Capital Group.
- The funding will accelerate the company’s global expansion plans and bolster its research and development capabilities. It will focus on optimising mmWave phased array antenna modules.
- TMYTEK, one of SparkLabs Taiwan’s portfolio companies, also aims to debut on the Taipei Exchange (TPEX) in 2025.
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