Japanese space industry startup Synspective raises $100M in Series B funding

Synspective Inc. has raised $100 million in a Series B funding round. The latest funding was led by Sompo Japan Insurance Inc. (Tokyo, Japan), Nomura SPARX Investment, Inc.…

Indian spacetech startup Pixxel nets $25M Series A funding led by Radical Ventures

Pixxel announced Monday a $25 million Series A funding led by Radical Ventures. Additional participation in Pixxel’s Series A comes from Jordan Noone, Seraphim Space Investment,…

South Korean AI-driven FinTech firm Akros Technologies bags $3.75M funding led by PeopleFund

South Korea-based artificial intelligence (AI)-driven asset management fintech start-up Akros Technologies (Akros) announced on Tuesday that it has raised $3.75 million led by…

Singapore’s Mighty Jaxx closes Series A funding with new strategic investors including iDreamSky Technology

Mighty Jaxx announced Tuesday the final, undisclosed close of its oversubscribed Series A+ funding round. The new tranche sees new strategic investors iDreamSky Technology…

Singapore esports player Ampverse raises $12M Series A funding led by Falcon Capital

Singapore esports player Ampverse on Tuesday announced its $12M Series A fund raise, the largest to date of any esports organisation in Southeast Asia. The round was led by global…

China’s Greenland Financial Technology partners Singapore’s MetaVerse Green Exchange for cross-border digital carbon credits and crypto assets

Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a global Fortune 500 company and one of Shanghai’s largest state-backed enterprises focusing…

Sea Ltd’s Shopee to close down India operations – report

Shopee reportedly said in its statement it would work "to support local seller and buyer communities and our local team to make the process as smooth as possible".

Malaysia’s private equity and venture capital funding up 26.75% to $3.52B in 2021

Malaysia's total committed funds for private equity and venture capital rose 26.75 percent to MYR14.83 billion ($3.52 billion) in 2021 from MYR11.7 billion ($2.78 billion) in…

Malaysia’s Petronas partners Waygate Technologies to commercialise co-developed robotic inspection solution

Petroliam Nasional Berhad (Petronas)'s technology commercialization arm Petronas Technology Ventures Sdn Bhd (PTVSB) said Friday it has entered into a partnership with Waygate…

Pakistan’s COLABS raises $3M seed fund led by Indus Valley Capital, Zayn Capital & Fatima Gobi Ventures

COLABS has raised $3 million in a seed round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. The round was also joined by Shorooq Partners, Kinnow Capital,…

Singapore’s FOMO Pay partners with Circle to use USD Coin for product offering

FOMO Pay Pte. Ltd. announced Thursday it has entered into a strategic agreement to collaborate with Circle Internet Financial, LLC (Circle). FOMO Pay will integrate USDC into its…

Singapore biotech firm Nalagenetics raises $12.6M Series A funding co-led by Intudo Ventures and Vulcan Capital

Nalagenetics announced Friday the closing of a $12.6 million Series A round of financing co-led by Intudo Ventures and Vulcan Capital. The round also saw participation from…

FinTech continues to be a hot sector in Southeast Asia after a booming 2021

FinTech will continue to be one of the hottest sectors in Southeast Asia after investors pumped record amounts into the region’s FinTech firms last year.

Singapore’s prePO raises $2.1M in strategic round led by Republic Capital, IOSG Ventures

PrePO has closed a $2.1 million strategic round led by Republic Capital and IOSG Ventures, turbocharging its mission to democratize pre-public investing. Other participants in the…