Validus secures first tranche in Series C-1 round from major East Asian strategic investors

Validus, the Singapore-based financing platform, has on Friday announced that it has secured its first tranche of funds in a Series C-1 round with new, key strategic investors…

Vietnam’s VinFast selects IMA to provide roadside assistance for European customers

Vietnam-based electric vehicle maker VinFast and France-based roadside assistance provider IMA Group (IMA) have on Thursday announced a new collaboration to provide roadside…

Animoca Brands announces Mocaverse, the NFT collection to empower Web3 community connections

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Thursday Mocaverse, its official PFP NFT collection…

Singapore’s Digital Entertainment Asset secures $10M from LDA Capital to accelerate expansion

Digital Entertainment Asset (DEA), a Singapore-based operator of the PlayMining non-fungible token (NFT) gaming platform, announced Wednesday it has raised a $10 million…

Southeast Asia’s superapp Grab to implement cost cuts, cites uncertain macroeconomic situation – report

Tan said the company has been cautious with how it has spent money over the past two years, streamlining some businesses, tapering down incentives as well as slowing down hiring.…

South Korea’s Postype raises $7.6M funding led by Sui Generis Partners

Postype, a creator-focused content publishing platform based in South Korea, has announced that it has raised $7.6 million. The funding round was led by Sui Generis Partners with…

Singapore’s Aktivolabs scores $10M capital commitment from Mitsui to fuel global expansion

Aktivolabs Pte Ltd, a Singapore-based health tech firm, announced Thursday that it has secured a $10 million capital injection for a Series A round led by Mitsui & Co., Ltd.,…

Plugo

Plugo raises $9M Series A Funding led by Altos Ventures

Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with…

Singapore’s Casa Mia Coliving secures $1.3M strategic seed funding to accelerate expansion

Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity…

India’s Java Capital launches $9M seed stage fund

Java Capital, a seed stage focused, SEBI registered Alternate Investment Fund (AIF) in India, has announced the launch of its first fund with a corpus of INR 75 crore ($9…

Vietnam’s VinFast opens four more stores in California

VinFast, the Vietnamese electric vehicle car maker, has on Wednesday announced the opening of four more VinFast stores in Los Angeles and Orange County. The events affirm…

Touchstone Partners backs F&B ordering platform Oda in $1m seed round

Touchstone Partners has on Thursday announced that it is leading a consortium that has committed to investing $1 million in Oda, a Vietnam-based food procurement system for…

Venture Capital growth to remain solid despite headwinds, says Preqin Global Report 2023

Although venture capital is the asset class most exposed to the current market turmoil, 2023 may prove a solid vintage for performance, Preqin Global Report 2023 revealed on…