Tencent divests 2.6% of equity interest in Singapore’s Sea Ltd
Tencent’s voting power to be reduced below 10 percent following the transaction and proposed share conversion.
Malaysian drone firm Aerodyne makes strategic investment in AI & data analytics firm Synapse Innovation
Aerodyne Group has signed an agreement to acquire a principal stake in Malaysia-based artificial intelligence (AI) and data analytics company Synapse Innovation Sdn Bhd. This…
Indian fresh food retailer Living Food raises $7.5M Series A investment led by Amasia
Living Food announced the successful closing of a $7.5 million Series A fundraise led by Amasia.Other participating investors included SOSV, Blume Founders Fund, and notable…
Israeli battery maker StoreDot raises $80M Series D funding led by Vietnam EV manufacturer VinFast
StoreDot has announced the first close of its Series D funding round of up to $80 million led by flagship Vietnamese electric vehicle (EV) manufacturer VinFast. Other investors…
Vietnam fintech firm Anfin raises $1.2M seed round led by Goodwater Capital and Global Founders Capital
Anfin has raised $1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC). New investor XA Network as well as existing investor First Check Ventures…
Malaysian Central Bank issues discussion paper on licensing framework for digital insurers & takaful operators
Malaysian Central Bank has issued the discussion paper on licensing framework for digital insurers and takaful operators. The discussion paper outlines the proposed framework for…
X0PA AI raises $4.2M in Series A funding to scale AI-powered objective B2B hiring and selections solution
X0PA AI announced $4.2 million in Series A funding led by ICCP SBI Venture Partners (ISVP).SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments also participated…
Singapore’s Azalea closes Altrium Private Equity Fund II at $805M
Azalea Investment Management Pte. Ltd (Azalea) announced the successful closing of the second fund of its flagship private equity (PE) fund of funds product, Altrium Private…
Singapore’s Novo Tellus gets nod for SPAC listing on SGX – report
Novo Tellus could be among the first wave of sponsors looking to list SPACs in Singapore after the regulators introduced a framework in September last year, according to…
For Tier One Entertainment’s Alodia Gosiengfiao, we are in a golden era of play-to-earn games [ORIGIN Innovation Awards Q&A]
"I think the major trend nowadays is that Asian Market is entering a golden era of Play 2 Earn (P2E) games that kick-started because of Axie Infinity and we are super excited for…
Singapore crypto media platform Chain Debrief raises $900,000 seed funding to expand its platform
Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures,…
Tribe launches hacksingapore to drive innovation in technology
Tribe announced the launch of hacksingapore, in partnership with the Infocomm Media Development Authority (IMDA), Enterprise Singapore, Government Technology Agency and Temasek, a…
Taiwanese pop star Jay Chou sells $10+M worth of NFTs to rank 4th place globally next to Cryptopunk
Taiwanese pop star Jay Chou has recently released an non fungible token (NFT) series called Phantabear, which is currently among the top four most sold NFT series on Opensea. Over…
Singapore healthtech startup Smarter Health raises $3.8M led by East Ventures
Singapore-based healthtech startup Smarter Health announced Monday that it has secured S$5.15 million ($3.81 million) in Series A funding led by East Ventures, with the…
