UOB Venture Management led a $30m round for social commerce platform developer Evermos while Advanced Farm Technologies and Nex each bagged $25m.

Funding

Indonesia-headquartered social commerce platform developer Evermos has raised over $30m in a series B round led by UOB Venture Management, a subsidiary of financial services firm United Overseas Bank, e27 reported today. UOB invested through its Asia Impact Investment Fund II and was joined by Telkomsel Mitra Inovasi – part of telecoms firm Telkomsel – and MDI Ventures, the venture capital firm backed by telecommunications company Telkom Indonesia, as well as International Finance Corporation, Future Shape, Jungle Ventures and…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.