Vietnam’s Loship raises $12M in pre-Series C funding led by BAce Capital, Sun Hung Kai & Co

Loship marks a Vietnam foray for both of the lead investors BAce Capital and SHK & Co, as part of their strategies to capture the emerging market opportunities in Southeast Asia.

Indonesia’s Traveloka in talks to raise up to $400M for SPAC deal – report

The fundraising, a so-called private investment in public equity (PIPE), would be part of a deal to merge the online travel startup with Bridgetown Holdings Ltd as soon as this…

Singapore FoodTech startup Hoow Foods raises $2.22M pre-Series A, launches new plant-based subsidiary Hegg Foods

The company is currently planning its pilot-scale production and is working on plans to commercialize HEGG by the first half of 2022.

Pandemic has served as a catalyst for accelerating ESG innovation in Southeast Asia, says Ee Ling Lim of 500 Startups [Q&A]

In this TechNode Global Q&A with Ee Ling Lim, Head of APAC Business Development, 500 Startups, we learn how the pandemic has served as a catalyst for companies in the region to…

BigPay banks on AirAsia’s ecosystem, consortium’s banking expertise to vie for digital banking license in Malaysia [Q&A]

In the interview, Dhanani also shared BigPay’s plans and strategy on how to serve the “underserved and unserved” segment in Malaysia.

Temasek, SoftBank invest in India EdTech unicorn Unacademy’s Series H funding round

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion.

Guschcloud International launches celebrity NFT collection in partnership with Robin8 and ToKAU Japan

Gushcloud International has announced that it has teamed up with AI-powered influencer platform Robin8, as well as global NFT platform ToKAU Japan to create NFT collectibles, in…

Malaysia’s Axiata eyes 66% stake in Indonesia’s Link Net

The group and its 66.48 percent subsidiary, PT XL Axiata Tbk, has entered a non-binding term sheet with Asia Link Dewa Pte Ltd and PT First Media Tbk to facilitate discussions and…

SME lending FinTech Validus reports breaching the billion-dollar (SGD) lending mark

The platform connects growing SMEs to accredited and institutional investors for fast, secure, collateral-free financing. Its differentiator lies in its strong origination…

Temasek, DBS jointly launch $500M debt financing platform for Asia’s growth stage tech firms

Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across Asia, with a focus on China, India, and Southeast…

FinTech democratizes access to investments as capital shifts toward private markets, says Oi Yee Choo of ADDX [Q&A]

The shift toward private capital is driving innovation in many ways – in technology, in business processes, and in the way the markets are regulated. The rise of platforms like…

Animoca Brands acquires indie game developer Blowfish Studios

The current management of Blowfish will continue to operate the company after the acquisition.

Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures

The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.