Daung Capital – a Myanmar-focused financing platform founded by SMU alumnus Leon Qiu – announced the final close of its undisclosed Series A investment round, with Majuven, an early- and growth-stage venture capital firm from Singapore joining as a new investor. With the Series A round now closed, Daung Capital’s post-money valuation has reached S$16.5 million.
Deal Street Asia (Jun 4)
Deal Street Asia (Jun 4)