NewsAsiaMergers and Acquisitions
NVIDIA, SoftBank announce termination of NVIDIA’s acquisition of Arm due to regulatory challenges
NVIDIA and SoftBank Group Corp announced Tuesday the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited from Softbank. Both parties have…
February 9, 2022
AsiaInvestmentsBlockchain / Crypto
Taiwan’s Infinity Ventures Crypto closes its first fund at $70 Million to back GameFi, DeFi and Web 3 innovations
Taiwan's Infinity Ventures Crypto (IVC) announced the closing of its inaugural fund capped at $70 million to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3…
February 9, 2022
NewsMalaysiaFinTechInvestments
Malaysian fintech startup IIMMPACT raises $2 million funding from Sequoia India’s Surge
IIMMPACT announced Wednesday $2 million in seed funding by Sequoia India’s Surge. IIMMPACT is Surge’s first startup founded and based in Malaysia. The funding will be used to…
February 9, 2022
NewsInvestmentsAsiaPrivate Equity
Hong Kong’s ITCS Group secures investment from Singapore’s Dymon Asia Private Equity to accelerate growth globally
ITCS Group has secured a strategic growth investment from Dymon Asia Private Equity (DAPE). Partnering with DAPE will enable ITCS to rapidly accelerate its growth to scale up the…
February 9, 2022
SO-COL raises $1.75M in seed funding co-led by DeFiance Capital and Animoca Brands
SO-COL (Social Collectables) announced the close of a $1.75 million seed round. The funding round was co-led by DeFiance Capital and Animoca Brands, with participation from Three…
February 9, 2022
NewsBlockchain / CryptoMetaverseAsiaGaming
Binance partners with South Korean entertainment firm YG Entertainment to develop metaverse, NFT and gaming opportunities
Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will…
February 9, 2022
AIIoTTNGlobal Q&A and Interviews
Pinmicro’s Tiby Kuruvilla on the convergence of AI, IoT, RTLS, and how digital twins will optimize work in the future [ORIGIN Innovation Awards Q&A]
As the world is entering a new normal era after the pandemic business models and execution totally changed. Digitalization will be an essential part of daily operations.…
February 8, 2022
NewsFinTechMergers and AcquisitionsAsiaMalaysia
Indian payment platform Razorpay buys majority stake in Malaysian fintech firm Curlec
Razorpay announced Tuesday its first international expansion into South-East Asia with the acquisition of a majority stake in Curlec for an undisclosed amount. This marks…
February 8, 2022
NewsGamingAsiaMergers and Acquisitions
Australian mobile gaming firm iCandy buys 51 percent stake in Southeast Asian game developer Storms for $5.7M
iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the…
February 8, 2022
Vietnamese investing app Infina closes $6M in seed funding from Sequoia India’s Surge, Y Combinator, Saison Capital and more
Infina has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks.…
February 8, 2022
NewsBlockchain / CryptoAsiaInvestments
Indian Ethereum scaling platform Polygon raises $450M led by Sequoia Capital India
Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from…
February 8, 2022
AsiaVenture CapitalInvestments
Japanese VC firm Genesia Ventures raises $90M in first close of third fund to invest in Japan, SE Asia
Genesia Ventures announced the first close of its new fund, Genesia Venture Fund 3 Investment Limited Partnership, with a total amount of approximately $90 million. Similar to the…
February 8, 2022
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