Mass-market metaverse builder Virtualtech Frontier announces backing by 500 Global
Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its…
Singapore’s The Growhub inks 5-year partnership with FIPWA to build Southeast Asia’s food bowl
The Growhub, Singapore-based one-stop farm to table solution for food traceability and data analytics, announced Friday that it has inked a 5-year lease agreement with the Food…
The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth
The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development…
Singapore money transfer firm Nium secures license to expand payment services to Malaysia
Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time…
Indonesian culinary multi-brand firm Hangry eyes up to 100 outlets in 2022 while hunting for M&A targets
The company’s expansion will focus on Indonesia first before starting to expand regionally in 2024.
Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power…
World’s first metaverse music label 0x0 launches in Taiwan
With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of…
Singapore’s Oddle raises $5M in Pre-Series B funding
Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.
Carousell, L Catterton SPAC merger talks end – report
The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger…
Not on our watch: Addressing security vulnerabilities in the MedTech space
As we know, proper security involves the right people, processes, and technology, and there is no singular product that will alone make a system secure after deployment. While…
Indonesia poultry tech firm Pitik raises $14M in Series A funding led by Alpha JWC Ventures
The fresh funding will also be used for aggressive team expansion. Headquartered in the Greater Jakarta Area with operations in 14 cities, Pitik aims to add dozens of deep tech…
VinFuture Prize officially announces commencement of the Pre-Screening Round
The 2022 VinFuture Pre-Screening round takes place from May 18th to late September, 2022 and aims to enable the Council to meticulously evaluate the most impactful and…
Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund
The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive…
Improving insurance
From product push, the industry is moving to embed products by offering end-to-end distribution solutions and increasingly, ecosystem solutions. However, the promise is yet to…
