Dubai’s Cultos Global Web3 venture secures investment from industry leaders

Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the…

South Korean AI chip firm Panmnesia raises $12.5M in seed funding with a valuation exceeding $81.4M

Panmnesia, a South Korea-based fabless semiconductor company focused on CXL (Compute Express Link) technology, has on Friday announced its successful completion of a seed funding…

India’s Kae Capital announces the final close of its Winners Fund II at $50M

Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.

SGX partners BlackRock to launch $426M climate action fund for Asia

Singapore exchange (SGX Group) has partnered American multinational investment company BlackRock to launch $426 million climate action fund for Asia.

Singaporean med-tech firm AWAK Technologies raises $20+ million in Series B funding

AWAK Technologies (AWAK), a Singaporean medical technology company focused on dialysis using regeneration technology for end-stage renal disease, has on Wednesday announced it has…

ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Singapore-headquartered private market exchange ADDX said Wednesday that it is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and…

Zilliqa forges strategic alliance with Google Cloud to power Web3 ventures and strengthen blockchain infrastructure

Singaporean blockchain firm Zilliqa Group has announced a multi-year strategic alliance with Google Cloud, which will enhance the scalability, resilience, and data availability of…

Petronas, Gentari, Amazon and AWS team up to accelerate clean energy growth

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), clean energy solutions firm Gentari Sdn Bhd, American multinational technology company Amazon and…

Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar Digital

Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody…

DFC selects Wavemaker Impact as first climate-tech fund investment in Southeast Asia

The United States International Development Finance Corporation (DFC) has committed to investing $15 million in Wavemaker Impact, a climate-tech venture capital fund based in…

OnFinality partners Google Cloud to enhance node infrastructure and data analytics support for Polkadot parachain builders

New Zealand-based blockchain firm OnFinality and Google Cloud have announced their support for two community-backed initiatives to empower developers to build, launch, and scale…

Animoca Brands subsidiary Darewise Entertainment seals strategic engagement with Horizen Labs

Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs…

Singapore’s sneaker marketplace Novelship bags $9.5M in Series B funding round led by East Ventures

The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia. This includes enhancing its logistics capabilities, refining authentication…

ARISE & Centauri announce the launch of its successor VC Platform, Ascent Venture Group, raising $200M corpus

Ascent is the largest ecosystem-linked venture platform in the region with four partners, 10 investment professionals, and a supporting operational team across Jakarta, Singapore,…