Data Vantage: Marathon Education, Skuad, CytoMed and MyPetGo raise funding and more
Summary
Vietnam-based edtech startup Marathon Education received $4.5 million last week from Vulcan Capital, DSG Consumer Partners, Goodwater Capital and other investors.The funding is part of a $5.1 million seed round led by New York-based Vulcan Capital, show regulatory filings.The company also allocated shares under a simple agreement for future equity (SAFE) to Y Combinator, Blowfish Ventures, Forge Ventures, iSeed SEA and other SAFE holders that had collectively extended it $2 million under the agreement previously.Skuad, a Singapore-headquartered HR tech startup, on Thursday announced it has secured $15 million in a Series A funding round led by an undisclosed Southeast Asia venture capital firm alongside a US strategic investor.According to DATA VANTAGE, the round was led by Go-Ventures, which contributed $5.3 million to the round, and NMVM. The startup has so far received $5.75 million in equity funding as part of the new financing.CytoMed Therapeutics, a spin-off from Singapores Agency for Science, Technology and Research (A*STAR) focused on cancer immunotherapies, allotted shares worth S$1.2 million ($857.7k) this week. The recipients include Teoh Teik Kee, biopharma company Essex Bio-Technology, and mDR Limited.HR tech startup FastJobs bagged nearly $842k from Cento Ventures this week, while SaaS startup Epsilo received $1 million from Sequoias Surge.Scorpio Electric, a Singapore-based developer of electric motorcycles, received $1.75 million last week from individual investors. The companys parent, EuroSports Global, is the sole authorised dealer for Lamborghini in Singapore since 2002 and in Indonesia since 2018.MyPetGo, a startup that offers health and location monitors for pets, received $100,000 from Optimal Investments this week.Zeemart, a B2B platform for the Horeca industry, received $491k from investors, including entomo (formerly known as KPISOFT), this week.KaryaKarsa, an Indonesia-based subscription platform for content creators, received $417,000 from Sketchnote Partners, Maxsteel Holdings, and individual investors, including Matthew Wood Crakes and Yoga Nandiwardhana.Biotech startup AUM Biosciences received $250,000 from Singapores Agency for Science, Technology and Research (A*STAR) as part of a $27 million Series A round announced in Oct 2021. Health sciences-focused investment and consulting firm SPRIM had invested $1.6 million in the startup in August.Alternative protein firm Growthwell has appointed Creadevs Asia managing director JY Chow to its board of directors.