In today’s briefing:
- Singapore’s Cove nets US$4.5M to scale co-living in South Korea, Japan | e27
- Omni HR raises US$7.4M to simplify multi-country workforce management | e27
Singapore’s Cove nets US$4.5M to scale co-living in South Korea, Japan | e27
- Singapore-based flexible living platform Cove has announced a US$4.5 million funding round from existing investors, including Eurazeo and Keppel, along with Manchharam.
- The capital will fuel the startup’s regional expansion and transition to an asset acquisition model. This strategic shift will allow it to design and develop properties specifically tailored to the needs of its target market: young professionals and students.
- Cove’s expansion into South Korea and Japan is already underway, and the company has formed strategic joint ventures in both markets.
Omni HR raises US$7.4M to simplify multi-country workforce management | e27
- Omni HR, a SaaS-based employee management startup based in Singapore, has closed US$7.4 million in funding.
- The round was led by Picus Capital, with participation from Alpha JWC Ventures, January Capital, and Ratio Ventures.
- This deal brought the startup’s total funding raised to date to US$9.8 million.
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