Myanmar Startups Receive Investor Funding to Expand

Kone Si, a Yangon-based on-demand trucking start-up, has received a six-digit sum investment for nationwide expansion from Yangon Capital Partners (YCP), a Myanmar-focused venture capital under Trust Venture Partners, a local financial advisory firm, and Nest Tech, Vietnam-based venture capital company. This is the second round of investment for Kone Si after it initially received […]

Myanmar startups draw international investor interest

<a href=”” target=”_blank”><img src=”” width=”600″ height=”250″ /> </a> Interest in Myanmar’s startups has been on the rise as investors scour the market for potential returns. Yesterday, Germany’s development finance institution DEG and agRIF, an impact focused fund which provides funding to financial intermediaries targeting smallholder farmers and the rural population, announced a joint investment of […]

Myanmar’s new early-stage fund EME launches with investments in Joosk Studio, CarsDB

A sector-agnostic fund, EME looks to invest between US$50K and US$200K in five to seven startups per year Emerging Market Entrepreneurs (EME) has announced the launch of its first early-stage VC fund with a focus on Myanmar’s growing startup ecosystem. The fund has also announced investment in two startups — Joosk Studio (an animation and […]