New Straits Times
HOMA2U, a Malaysian online marketplace for home improvement and interior design supplies, revealed that it has secured US$875,000 (RM 3.87 million) in its pre-series A funding.
The investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Quest Ventures Pte Ltd, a leading Singapore-based venture capital firm. This is Quest Ventures Asia Fund II’s second cheque for Homa2U.
Worldwide Management Solutions and Qhazanah Sabah Berhad (QSB) are also participants in the investment round.
The construction and renovation industry is quickly adopting circular economy concepts that emphasise sustainability standards and optimal usage of natural resources.
By integrating environmentally friendly practices and social responsibility into their business offerings, Homa2U hopes to set new standards in design and sustainability, helping more individuals and businesses bolster strategies to achieve net zero carbon emission targets.