What is the metaverse, and why does it matter?
An ‘Open Metaverse’ protects each individual’s data on the blockchain from unpaid exploitation. By delivering real value through property rights, earning capability, and…
Sygnum raises $90M Series B funding to accelerate expansion of Web 3.0 offerings and into new global markets
Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors,…
Hong Kong gaming platform the Sandbox announces multiple partnerships to create Mega City in the metaverse
The Sandbox has added multiple Hong Kong partners from the film, music, entertainment, acting, professional services, finance, real estate, and gaming sectors to create Mega City,…
Hong Kong intelligent logistics platform Zeek launches quick commerce solutions in Hanoi, Vietnam
Zeek is closing the year on the back of strong momentum in Southeast Asia. Following its foray into Ho Chi Minh City in the fourth quarter of 2020 and its successful partnership…
Vietnam digital bank Timo secures $20M fresh funding led by Square Peg
Timo has raised $20 million fresh funding led by Square Peg. .Other participants are Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (existing investor) and other super…
Singapore fintech firm Brankas raises $20M from Insignia Ventures, Visa to expand open finance platform
Brankas announced the close of its $20 million Series B investment round led by Insignia Ventures Partners, Visa, AFG Partners and Treasury International. Its existing investors…
Malaysian edtech startup Pandai raises $2.03M from Y Combinator, 500 Global & others
Pandai Education Sdn Bhd has recently raised a total of $2.03 million investment from a group of local and international investors in its pre-seed and seed round. Among the…
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…
