Malaysia’s HOMA2U secures $875,000 funding from Singapore-based Quest Ventures

TechNode Global

HOMA Sdn Bhd (HOMA2U), a Malaysian marketplace for renovation and interior design materials, announced Tuesday that it secured $875,000 in its pre-series A funding.

HOMA2U said in a statement that the investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Quest Ventures Pte Ltd, a Singapore-based venture capital firm.

HOMA2U will also channel the funds to help more people amplify their commitment to environmental, social and governance (ESG) sustainability as well as help them meet their ESG goals through their Yellow Boxes and online platform.

HOMA2U is working towards growing the business threefold and will be concentrating its efforts on opening a total of 18 Yellow Boxes throughout Malaysia and Singapore.


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