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Tech In Asia Raises $6.6M In Fresh Funding, Plans To Double Down On Research and Product Development

Nov 21, 2017
Tech In Asia
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Tech in Asia, the Singapore-based media, events, and jobs platform for the tech community, has secured a US$6.6M round of financing led by Hanwha Investment & Securities, an affiliate of Hanwha, one of Korea’s largest conglomerates with US$55.5 billion in revenue in 2016, and joined by existing investors Eduardo and Elaine Saverin, Walden International, and East Ventures, said a press release.

Speaking about the investment, Willis Wee, CEO and founder at Tech in Asia, said: “It is always humbling to meet individuals and organizations who believe in our mission enough to invest in it. We will continue to serve and build Asia’s tech ecosystem and keep improving our products to better serve the community.”

The capital will be used for research and product development for Tech in Asia’s media, events, and jobs products. The company will also continue to pour resources into community efforts such as Tech in Asia City Chapters and expanding our community content efforts to share expertise from the ecosystem with a broad audience without compromising editorial quality.

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