Other updates from DATA VANTAGEĪNEXT Bank, a wholly owned subsidiary of China’s Ant Group, received S$250 million in fresh capital infusion last week. It claims its products can reduce fuel dependency and soil degradation.
Founded in 2019, Agros focuses on sustainable horticulture by small and medium-sized farmers in Asia. The allotment is part of a $2.7 million pre-Series A round announced earlier this month. Singapore-headquartered agritech startup Agros allotted shares worth $2.65 million to Wavemaker Impact, Gaia Impact Fund, Schneider Electric Energy Access Asia and other investors. It also turned profitable during the period, according to DATA VANTAGE. Supermom reported a 66.7% surge in revenue for the financial year that ended Dec 31, 2021. The company also provides data and consumer insights to over 200 brands, including Kimberly Clark, Procter & Gamble and Philips. It claims to have a network of 20 million parents from over 1,000 social communities in Southeast Asia. Supermom enables parents to discover crowdsourced parenting tips, best practices, and product reviews. Lead investor Qualgro Partners contributed $3.7 million to the round, which was joined by AC Ventures and Farquhar VC. The company had announced the round in January.
SUPER MOM HEADQUARTERS SERIES
Singapore-based parenting network Supermom received over $6 million in Series A funding last week, according to regulatory filings. Data Vantage: Supermom, Agros, ANEXT Bank and TabSquare welcome funding
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