Three Singapore startups raise millions in funding
StoreHub snags US$5.1m in funds; tryb raises US$30m and Capital Match scores Series B funding
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THE funding game is strong for Singapore-based startups this week. Peer-to-peer lending site Capital Match scored Series B funding led by Eduardo Saverin's B Capital Group, while fintech group tryb raised US$30 million from Makara Innovation Fund and retail tech firm StoreHub snagged US$5.1 million in Series A funding led by Temasek's Vertex Ventures.
Capital Match said that its Series B funding round - the sum of which was undisclosed - was oversubscribed. The round was led by B Capital Group, a global venture capital firm backed by Mr Saverin, co-founder of Facebook. Dymon Asia Venture Capital Fund (Singapore), an existing investor in Capital Match, also participated in this funding round.
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