Indonesia’s UENA raises seed funding led by East Ventures

UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation…

Singapore’s Temus makes first acquisition with Dreamcloud

Temus, a Temasek-backed Singaporean digital transformation firm, announced Thursday the completion of its first acquisition, Dreamcloud, a home-grown Singapore-headquartered…

Singapore’s DBS partners with Hong Kong’s The Sandbox to launch ‘DBS BetterWorld’

DBS, a Singapore-based financial services group, announced Friday a partnership with The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca…

Singapore’s Ninja Van invests $50M to automate parcel processing capabilities across Southeast Asia

Ninja Van Group, a Singapore-based tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance its parcel processing…

MetaWeb Ventures raises $30M for builder focused blockchain fund

MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced Thursday the launch of its first fund (Fund I), with total…

Animoca Brands raises $110M funding led by Temasek, Boyu Capital, GGV Capital

Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for the open metaverse, announced Thursday that it has closed a strategic funding…

NTT Ltd’s Kiran Bhagwanani on how digital transformation is creating new value through the Connected Industry [Q&A]

In the current age of the Connected Industry – where new value is being created through digital networks between people, companies, devices, machines and places – any organization…

Pos Malaysia launches Malaysia’s first NFT stamp

Pos Malaysia Berhad, a postal delivery service provider in Malaysia, has on Thursday issued its first Non-Fungible Token (NFT) stamps for collectors. It is the second postal…

Singapore’s VerifyVASP raises $5M led by FTX Ventures at $100M valuation

VerifyVASP, a Singapore-based compliance startup, has concluded its Series A investment led by FTX Ventures at $100 million valuation. FTX Ventures, together with Peak Capital and…

South Korea’s ITSBLOC raises $7.5M to build a brand-new Web 3.0 game platform

ITSBLOC, a South Korea-based web 3.0 game platform, announced Wednesday that it successfully closed $7.5 million in an investment round. In particular, in institutional investment…

Singapore’s Tin Men Capital announces the first close of Fund II

Tin Men said in a statement that the new Fund II will continue the vision of Fund l in building on Tin Men's track record of investing in business to business (B2B) technology…

Hong Kong’s Wada Bento bags $2.8M Pre-Series A funding for expansion

Wada Bento, A Hong Kong start-up with a new decentralised foodservice platform, announced Wednesday the successful conclusion of a fresh round of Pre-A funding, landed over HK$22…

Higher interest rates challenge APAC digital banks, says Fitch

Fitch Ratings said Wednesday that it believes that many new digital banks in the Asia-Pacific (APAC) region will find it more challenging to achieve financial viability as…

Y Combinator-backed Philippine startup Shipmates raises $2.2M to grow shipping platform

Shipmates, Philippine-based shipping platform backed by Y Combinator and Iterative, announced Thursday that it had raised $2.2 million in a seed funding round. The seed round was…