Industry: Internet of Things/ Intelligent Mobility

Where: Singapore

When: October 2019

Ascent Solutions (www.myascents.com) has completed a bridge financing round from the Japan South-East Asia Finance Fund, a joint venture between RISA Partners and the Development Bank of Japan.

Ascent is the leading IoT-powered Platform that delivers supply chain and smart city solutions utilizing its proprietary smart hardware, software, cloud connectivity, and related services. Ascent has customers in over 19 countries including customs authorities in Southeast Asia and Africa, blue-chip logistics firms, ride-sharing companies and regional financial institutions.

North Ridge Partners is the exclusive financial advisor to Ascent and led the bridge round as part of a series of financing initiatives.