Newsroom
Launch of Venture Debt Financing Program for Southeast Asian Startups
Singapore, February 13th, 2025 — CC Innovation Singapore Pte. Ltd. (Managing Director: Michiaki Kawa; hereinafter “CCIS”), a subsidiary of the Hokkoku Bank Group, has officially launched its venture debt financing program in Southeast Asia. In its inaugural move, CCIS has provided debt financing to two Southeast Asian startups—VFlow Tech Pte. Ltd. (CEO: Avishek Kumar), a pioneer in long-duration energy storage (LDES) solutions, and Jala Tech Pte. Ltd. (CEO: Liris Maduningtyas), which aims to transform Indonesia’s shrimp farming sector into a sustainable industry.
Moving forward, CCIS plans to expand this initiative throughout the region, offering startups flexible and non-dilutive funding solutions that support continued innovation and growth.
VENTENY Group Strengthens Business Acceleration with Support from Hokkoku Financial Holdings
11 March 2025 –VENTENY Group, through its entity PT VENTENY Fortuna International Tbk, proudly announces it has secured strategic funding from Hokkoku Financial Holdings through CC Innovation Singapore Pte. Ltd. This investment marks a significant milestone in VENTENY’s efforts to accelerate business development and expand its impact in the technology and financial industries across Southeast Asia.
“This funding from Hokkoku Financial Holdings reflects their confidence in VENTENY’s immense potential to create significant positive impacts for businesses and society. With this support, we are more optimistic about accelerating our transformation journey and delivering innovative solutions that provide added value to our partners,” said Jun Waide, Founder and Group CEO of VENTENY.
Hokkoku Financial Holdings, through CC Innovation Singapore Pte. Ltd views VENTENY as a strategic partner with the potential to drive innovation in the financial technology sector across the region. With its solid business model and continuous innovation, VENTENY is well-positioned to address the industry’s evolving needs.
VFlowTech Accelerates Clean Energy Storage Growth with CCIS Venture Debt Support
VFlowTech is a Singapore-based company developing cost-effective and highly efficient long duration energy storage solutions specializing in modular vanadium redox flow batteries (VRFBs). Leveraging proprietary hardware design and advanced additive formulations, VFlowTech’s VRFBs achieve 10% higher efficiency than competing long duration energy storage solutions with a 25-year expected lifespan. The technology is inherently non-flammable and remains stable over the long term without performance degradation. Through CCIS’s venture debt financing for working capital, VFlowTech will be able to accelerate its growth to deploy more battery projects faster.