YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital

YAS MicroInsurance (YAS), an insurance on-blockchain pioneer in Hong Kong, has announced the completion of their Pre-Series A fundinground, raising $4.5 million. The round was led…

McLaren Racing launches 7-page comic NFTs on Tezos

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore…

Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others

Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide…

Malaysia’s Carsome announces ‘group-wide accelerated profitability plan’ including job cuts

As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line,…

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.

Grab targets group adjusted EBITDA breakeven by second half of 2024

Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and…

Singapore’s Una Brands raises $30M Series B funding for category and regional expansion

Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by…

Singapore’s HeadsUp secures $8.5M seed fund led by 645 Ventures

HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS)…

Ethereum security likely to remain under-challenged post-Merge?

There are reasons to believe the new changes brought by merge will make Ethereum temporarily less secure, but there are always two sides to the crypto coin. Where contributors are…

US’s Wasabi Technologies closes $250M new funding

Wasabi Technologies, a Japan-based hot cloud storage company, announced Wednesday it has achieved unicorn status following $250 million in new funding. The firm has raised $125…

AXA Hong Kong partners with The Sandbox to become first insurer in Hong Kong to enter metaverse

The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, and AXA Hong Kong, a Hong Kong-based insurer, announced Wednesday that AXA…

Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs

On Tuesday, 15 startups across nine verticals including manufacturing, SAAS, HealthTech, logisitcs, AgriTech, FoodTech, FinTech, EdTech and PropTech were chosen to pitch on the…

How the rise of mobile gaming is unlocking new opportunities for marketers 

The popularity of mobile gaming creates an opportunity for users, developers and marketers all alike with in-app advertising.

Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally

Aiello Inc., a Taiwan-based natural language processing and voice artificial intelligence (AI) startup, announced Monday it has raised $5.8 million in a Series Pre-A+ funding…