In today’s briefing:
- Sirclo Banks US$10.5M to Expand in Indonesia
- Hmlet Co-Founder’s New Startup Bags $3.2m to Expand Globally
- ONEVIEW Raises US$2.9M in Seed Funding Round to Improve Bill Payment Experience
- Sequoia India Leads $5.7m Round for Climate Tech Startup Newtrace
Sirclo Banks US$10.5M to Expand in Indonesia
- Indonesian e-commerce enabler Sirclo Group has secured US$10.5 million in a Series C funding round from Vertex Ventures Southeast Asia and India.
- This takes the company’s total capital raised to approximately US$100 million, according to VentureCap Insights.
- Founded in 2013 by Brian Marshal, Sirclo provides omnichannel commerce solutions. It offers two main categories of solutions: entrepreneur solutions and enterprise solutions.
Hmlet Co-Founder’s New Startup Bags $3.2m to Expand Globally
- Hybr1d, a workforce management platform co-founded by Hmlet co-founder Yoan Kamalski, has raised US$3.2 million in pre-seed funding from Global Founders Capital, MS&AD, 468 Capital, and 1982 Ventures.
- Kamalski, who stepped down from his role as CEO of Hmlet in March 2021, established Hybr1d with Aditya Anand and Pauline Wetzer last year.
- His latest venture helps businesses automate and streamline their IT and HR processes, such as onboarding, procurement, and leave and attendance management.
ONEVIEW Raises US$2.9M in Seed Funding Round to Improve Bill Payment Experience
- Singapore-based startup ONEVIEW today announced that it had raised S$4 million (US$2.9 million) in a seed funding round from ADERA Global; Beyon Connect, part of the Beyon Group; and Cumulo9 to transform the digital payments and communication landscape across Southeast Asia.
- In a press statement, the company said that it aims to set the benchmark for a digital post-box service that will greatly improve people’s lives.
- It aims to revolutionise bill payments by simplifying everyday digital communications with what it promised to be a more convenient, sustainable, and spam-free experience.
Sequoia India Leads $5.7m Round for Climate Tech Startup Newtrace
- Demand for green hydrogen – or hydrogen that is generated by renewable energy – is expected to climb in the coming years as governments push for a cleaner future.
- Newtrace, a climate tech firm based in India, is developing a new type of electrolyzer, which is used to create green hydrogen from renewable electricity.
- The company says its electrolyzers have lower costs and higher efficiency than what is commonly used in the market.
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