The Digital Garage, Hubert Burda and SIG-backed B2B fashion and health marketplace reportedly raised the financing from unnamed existing investors.

Singapore-based business-to-business (B2B) e-commerce platform Zilingo has secured $35m in bridge funding from unspecified returning backers which could include corporates, DealStreetAsia reported yesterday, citing people privy to the matter.

One of the sources told DSA the deal took place six to nine months earlier and was likely in the form of convertible note financing. The company had last raised $3.5m in equity funding in 2020 from undisclosed investors, according to DSA’s Data Vantage platform.

Founded in 2015, Zilingo runs a…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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