Tech Company Financing Transactions
Line Man Wongnai Funding Round
On 9/27/2022, Line Man Wongnai received $265 million in Series B funding from GIC, BRV Capital Management and Bualuang Ventures.
Transaction Overview
Company Name
Announced On
9/27/2022
Transaction Type
Venture Equity
Amount
$265,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will be used to strengthen LINE MAN Wongnai's strong position in the food delivery market, expand new service categories, recruit tech talent and improve tech infrastructure. LINE MAN Wongnai aims to be employing more than 450 talented tech professionals by the end of 2022.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
T-One Building, 8 Sukhumvit, 40 Alley, Khet Khlong Toei, Ph
Bangkok, 10110
TH
Bangkok, 10110
TH
Phone
Undisclosed
Website
Email Address
Overview
We aim to help Thai people live better, to empower all local businesses with our e-Commerce platform for services. Our platform will connect consumers, riders and local businesses and improve the daily life of all parties. And because we are local, we provide the deepest variety and services that are tailor-made for Thai people.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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