Latest news and trends about tech
Indonesia’s Kopi Kenangan hits unicorn status with $96M Series C fundraise
Kopi Kenangan has raised $96 million in the first closing of a Series C funding, giving the company a valuation of more than $1 billion. The oversubscribed Series C round was led by Tybourne Capital Management, with participation from existing investors including Horizons Ventures, Kunlun, and B Capital, and new investor Falcon Edge Capital, Kopi Kenangan.
Indonesia’s Alpha JWC Ventures banks on larger fund size as it scouts for opportunities in Southeast Asia
The firm, which has invested in several small and medium enterprises (SME) solutions companies, like GudangAda and UnaBrands, also believes that these firms will be the "next big trends" in the region.
VinFuture Prize: A gift of hope from Vietnam
VinFuture’s sole mission was simply put but stirred up bright hopes for people in a difficult time: “To create meaningful change in the everyday lives of millions of people by honoring transformational technological innovations.”
PwC Hong Kong acquires a land site in The Sandbox metaverse
The Sandbox, a subsidiary of Animoca Brands, announced Friday that PwC Hong Kong has acquired a land site in The Sandbox metaverse. PwC Hong Kong thus becomes the first member of an internationally recognised professional services network, and the first member firm of the PwC global network, to publicly enter The Sandbox.
A new vision for health and wellness
Smart and digital technologies including wearable sensors, artificial intelligence (AI), and telehealth software are transforming healthcare systems and delivery across the world, a trend that has been accelerated by the COVID-19 crisis.
Delivery Hero scales down its German operations, plans to divest its Japanese entity
Delivery Hero SE, the Germany-based local delivery platform, has announced plans to scale down its German operations, foodpanda Germany, to a Berlin-based hub focused on developing innovative logistics and tech solutions for the delivery industry. The company also announced a timeline for the planned divestiture of its Japanese entity which also operates…
True Global Ventures invests $25M into Web3 companies and blockchain
Singapore-based venture fund True Global Ventures 4 Plus (TGV4 Plus) Fund is investing about $25 million into the equity of five industry-redefining Web3 and blockchain. The fund focuses on three main verticals in Web3 which are infrastructure, financial services that are powered with blockchain and entertainment like play-to-earn games GameFi, metaverses,…
The future of food
With global food systems already making up about a third of all man-made greenhouse gas emissions, moving to more sustainable food production, delivery and consumption, is critical.
Singaporean fintech GEKO acquires EV bike-maker SWAG, plans pre-Series A round in early 2022
Following the acquisition, the combined SWAG and GEKO group plan to hold a pre-Series A funding round, with a combined entity value of $25 million in early 2022.
Vietnam’s e-wallet firm MoMo raises $200M, now a unicorn valued above $2B
The company will also expand and strengthen its services in tier 2 and tier 3 cities as well as rural areas.
