Research from e27, e27

Research from e27

e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Private Capital Markets

Elevarm Technologies   / Private Capital Markets

Elevarm Technologies Pte. Ltd. develops agricultural trading platform. The Company offers digitization of farmlands and provides supply services that also focus on the upstream side of farming, enabling business customers and farmers to maximize production and revenue. Elevarm Technologies serves customers in Indonesia.

<ul>
<li>Elevarm, an Indonesian agritech startup that aims to enhance the yield and income of smallholder horticulture farmers throughout Indonesia, has raised US$4.25 million in pre-Series A financing led by Intudo.</li>
<li>Existing investors Insignia Ventures Partners and 500 Global participated.</li>
<li>Founded in 2022, Elevarm specialises in horticulture production and the provision of “high-quality” agricultural inputs, including superior seeds, bio-based fertilisers, and environmentally friendly pest control solutions.</li>
</ul>


Elevarm, an Indonesian agritech startup that aims to enhance the yield and income of smallholder horticulture farmers throughout Indonesia, has raised US$4.25 million in pre-Series A financing led by Intudo.
Existing investors Insignia Ventures Partners and 500 Global participated.
Founded in 2022, Elevarm specialises in horticulture production and the provision of “high-quality” agricultural inputs, including superior seeds, bio-based fertilisers, and environmentally friendly pest control solutions.


Elevarm Nets US$4.25M to Boost Smallholder Horticulture Farmers with AI | E27

Okapi Technologies / Private Capital Markets

Okapi Technologies provides a solar leasing platform to provide solar panels for homeowners.

<ul><li>Okapi Technologies, a residential solar financing platform based in Malaysia, has closed an up to US$2 million debt facility arranged by Aquila, an IoT-powered sustainable finance company with operations across Vietnam, Singapore, Malaysia, and Indonesia.</li><li>The funding will accelerate Okapi’s expansion of solar energy adoption for homeowners and small businesses in Malaysia and the wider Southeast Asian region through innovative financial solutions.</li><li>This round comes over a year after Okapi announced its official launch in Malaysia with the closure of a new funding round led by impact investor The Radical Fund.</li></ul>

Okapi Technologies, a residential solar financing platform based in Malaysia, has closed an up to US$2 million debt facility arranged by Aquila, an IoT-powered sustainable finance company with operations across Vietnam, Singapore, Malaysia, and Indonesia.The funding will accelerate Okapi’s expansion of solar energy adoption for homeowners and small businesses in Malaysia and the wider Southeast Asian region through innovative financial solutions.This round comes over a year after Okapi announced its official launch in Malaysia with the closure of a new funding round led by impact investor The Radical Fund.

Okapi lands US$2M to expand its zero-upfront solar financing in SEA | e27

Featherless.ai is a serverless AI hosting provider with GPU orchestration system.

<ul><li>Featherless.ai, a US-based serverless AI inference platform, has raised US$5 million in seed funding.</li><li>The investment comes from a notable list of global investors, including Airbus Ventures, 500 Global, Kickstart Ventures, HF0, Panache Ventures, and Oakseed Ventures.</li><li>With the new funding, Featherless.ai intends to advance research and development into next-generation AI architectures to lower inference costs, potentially enabling AI deployment on lower-cost hardware.</li></ul>

Featherless.ai, a US-based serverless AI inference platform, has raised US$5 million in seed funding.The investment comes from a notable list of global investors, including Airbus Ventures, 500 Global, Kickstart Ventures, HF0, Panache Ventures, and Oakseed Ventures.With the new funding, Featherless.ai intends to advance research and development into next-generation AI architectures to lower inference costs, potentially enabling AI deployment on lower-cost hardware.

Featherless.ai secures US$5M to make AI inference faster and cheaper | e27

Kyberlife is an e-commerce marketplace startup for life sciences, pharmaceutical, and healthcare industries.

<ul><li>The Kyberlife team Kyberlife, a Singapore-based B2B healthcare e-commerce platform, has announced closing a US$3 million investment round.</li><li>The funding was spearheaded by local VC firm 5I Ventures, with participation from East Ventures, A2D Ventures, and NUS Alumni Ventures.</li><li>The newly secured funding will fuel Kyberlife’s next phase of regional growth, focusing on several key initiatives: Expansion into Indonesia: Kyberlife aims to onboard Indonesian vendors onto its platform, offering them cross-border business growth opportunities.</li></ul>

The Kyberlife team Kyberlife, a Singapore-based B2B healthcare e-commerce platform, has announced closing a US$3 million investment round.The funding was spearheaded by local VC firm 5I Ventures, with participation from East Ventures, A2D Ventures, and NUS Alumni Ventures.The newly secured funding will fuel Kyberlife’s next phase of regional growth, focusing on several key initiatives: Expansion into Indonesia: Kyberlife aims to onboard Indonesian vendors onto its platform, offering them cross-border business growth opportunities.

Kyberlife lands US$3M to scale regional healthcare marketplace | e27

Equity Capital Markets

Fore Kopi Indonesia / Equity Capital Markets

PT. Fore Kopi Indonesia Tbk provides non-alcoholic beverages. The Company retails cold brew and wide varieties of coffee products and related merchandises. Fore Kopi Indonesia markets its products in Indonesia.

<ul><li>Fore Coffee, a leading premium coffee retail chain in Indonesia, has announced its intentions to launch an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX).</li><li>Trading under the ticker symbol “FORE”, this strategic move is designed to bolster the company’s ambitious expansion plans.</li><li>Fore Coffee will offer 1.8 billion ordinary shares to the public, representing 21.08 per cent of its total issued and fully paid-up capital.</li></ul>

Fore Coffee, a leading premium coffee retail chain in Indonesia, has announced its intentions to launch an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX).Trading under the ticker symbol “FORE”, this strategic move is designed to bolster the company’s ambitious expansion plans.Fore Coffee will offer 1.8 billion ordinary shares to the public, representing 21.08 per cent of its total issued and fully paid-up capital.

Fore Coffee eyes expansion with US$23.2M IPO on Indonesia Stock Exchange | e27