Daily Markup #258: This week’s top stories on funding rounds from ESPL, BukuKas & iPrice Group, Aerodyne’s Japanese partnerships & more

This week, three 500-backed startups, ESPL, BukuKas, and iPrice Group announced successful funding rounds. Meanwhile, Aerodyne and Hydroleap are entering new territory, with the former striking a strategic partnership with Japanese firms while the latter is eyeing a Vietnam expansion.

Missed the last weekly roundup? Check it out here.

Credit: Empirics Asia

Funding news

Strategic moves

  • Drone tech startup Aerodyne Group has struck a partnership with a consortium of Japanese investors. This move is expected to support the startup’s core business growth in Japan as well as Southeast Asia’s agriculture sector.
  • Carsome has partnered with CKL Group. This deal will enhance Carsome’s education offering for students and broaden its services to car owners and buyers.
  • More on Aerodyne and Carsome here.

A horizon of possibilities

Success stories

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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Startups”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.

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