Singapore esports player Ampverse raises $12M Series A funding led by Falcon Capital
Singapore esports player Ampverse on Tuesday announced its $12M Series A fund raise, the largest to date of any esports organisation in Southeast Asia. The round was led by global…
China’s Greenland Financial Technology partners Singapore’s MetaVerse Green Exchange for cross-border digital carbon credits and crypto assets
Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a global Fortune 500 company and one of Shanghai’s largest state-backed enterprises focusing…
Sea Ltd’s Shopee to close down India operations – report
Shopee reportedly said in its statement it would work "to support local seller and buyer communities and our local team to make the process as smooth as possible".
Malaysia’s private equity and venture capital funding up 26.75% to $3.52B in 2021
Malaysia's total committed funds for private equity and venture capital rose 26.75 percent to MYR14.83 billion ($3.52 billion) in 2021 from MYR11.7 billion ($2.78 billion) in…
Malaysia’s Petronas partners Waygate Technologies to commercialise co-developed robotic inspection solution
Petroliam Nasional Berhad (Petronas)'s technology commercialization arm Petronas Technology Ventures Sdn Bhd (PTVSB) said Friday it has entered into a partnership with Waygate…
Pakistan’s COLABS raises $3M seed fund led by Indus Valley Capital, Zayn Capital & Fatima Gobi Ventures
COLABS has raised $3 million in a seed round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. The round was also joined by Shorooq Partners, Kinnow Capital,…
Singapore’s FOMO Pay partners with Circle to use USD Coin for product offering
FOMO Pay Pte. Ltd. announced Thursday it has entered into a strategic agreement to collaborate with Circle Internet Financial, LLC (Circle). FOMO Pay will integrate USDC into its…
Singapore biotech firm Nalagenetics raises $12.6M Series A funding co-led by Intudo Ventures and Vulcan Capital
Nalagenetics announced Friday the closing of a $12.6 million Series A round of financing co-led by Intudo Ventures and Vulcan Capital. The round also saw participation from…
FinTech continues to be a hot sector in Southeast Asia after a booming 2021
FinTech will continue to be one of the hottest sectors in Southeast Asia after investors pumped record amounts into the region’s FinTech firms last year.
Singapore’s prePO raises $2.1M in strategic round led by Republic Capital, IOSG Ventures
PrePO has closed a $2.1 million strategic round led by Republic Capital and IOSG Ventures, turbocharging its mission to democratize pre-public investing. Other participants in the…
South Korea’s Krafton partners with Solana Labs for blockchain-based games and services
Krafton, Inc. announced Thursday the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services. Through this…
2C2P partners with ShopeePay to boost digital payments in Southeast Asia
2C2P and ShopeePay announced Wednesday a new partnership to increase access to digital payments for consumers and merchants by enabling ShopeePay as a payment option to 2C2P’s…
Securities Commission Malaysia registers two initial exchange offering operators
The Securities Commission Malaysia (SC) announced Wednesday that it has registered two initial exchange offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd,…
Indonesia readying tough new curbs for online platforms – report
Indonesia is one of the world top-10 markets by the number of users for social media firms including Youtube, TikTok, Facebook, Twitter, Instagram and Whatsapp. Indonesia is also…
