Data Vantage | Neurowyzr, DiMuto, Hannah Life and Allies of Skin report updates

DealStreetAsia
3 min readAug 15, 2023

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Edition #299, 15 August 2023

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Singapore-based healthtech startup Neurowyzr has allotted shares worth [redacted] million to investors, including Peak XV Partners (formerly known as Sequoia Capital India) and Apollo Hospitals Singapore.

The share allotment comprises new funding and the issuance of shares worth [redacted] to an individual investor who had extended the company a loan earlier, according to regulatory filings.

The latest investment is an extension to a previously secured Series A funding round from Jungle Ventures and HealthXCapital, among other investors.

Founded in 2019 by Sze-Yunn Pang, the company provides early detection, diagnosis, therapy and prevention of brain decline. The AI-powered platform also provides gamified digital assessments for mental well-being.

Singapore-based agritech company DiMuto has issued additional shares at no consideration to investors that include The Yield Lab Asia Pacific and SEEDS Capital. The company referred to these shares as [redacted] in its regulatory filings seen by DATA VANTAGE.

DiMuto, which provides agrifood trade solutions, including a marketplace and financial services, had last raised $2.35 million in a Series A round in 2021.

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Other updates from DATA VANTAGE

Indonesian cold chain fulfilment startup Fresh Factory received $700k from IMC Ventures, IMC Pelita Logistik and KSK Angel Fund last week.

Singapore-headquartered deep tech startup Allozymes received $375k from venture capital firm SOSV as part of its Series A round last week.

Casa Mia Coliving, a Singapore-based co-living operator offering shared homes, received [redacted] last week.

Asian healthcare platform Fullerton Health’s Singapore unit reported a [redacted]% decline in its revenue for the financial year ended December 31, 2022. Its net losses grew 8x during the 12 months.

Monk’s Hill Ventures-backed fertility startup Hannah Life Technologies recorded an 11x revenue growth for the financial year ended December 31, 2022. The company’s losses more than [redacted] during the period.

Singapore-based skincare startup Allies of Skin more than tripled its losses in the twelve months ended May 31, 2022. Its revenue grew by 47% during the year.

Southeast Asian gaming startup Storms, which is owned by Australian mobile games company iCandy Interactive, saw its revenue more than halve in the financial year ended December 31, 2022. The startup managed to reduce its losses by over [redacted]% during the period.

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DealStreetAsia
DealStreetAsia

Written by DealStreetAsia

DealStreetAsia is a Singapore-headquartered, subscription-driven media company, covering all deals — private equity, venture capital & M&As in Asia.

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