TechNode Global Staff
Airasia SuperApp average monthly active users up 12 percent q-o-q in first quarter
Airasia SuperApp recorded 12.9 million average monthly active users (MAU) in the first quarter of 2023, up by 12 percent quarter on quarter, its parent firm Capital A Berhad said Thursday.
Singapore digital wealth management platform Endowus officially launches in Hong Kong
Endowus, a Singapore-based wealth management platform, has on Wednesday announced the official launch of its digital wealth management services in Hong Kong. Hong Kong is Endowus’ first overseas expansion market after Singapore.
Capria Ventures marks first close of its $100M fund for emerging market
Capria Ventures, a Global South specialist venture capital firm, marks the first close of its target of $100 million fund. The new fund will focus on investing in 20 to 25 tech startups in the entrepreneurial hotspots of India, Southeast Asia, Latin America, the Middle East, and Africa.
Vietnam’s VinFast receives $2.5B for development
Vietnamese conglomerate Vingroup Joint Stock Company car maker subsidiary VinFast Joint Stock Company has received $2.5 billion in grants and loans to facilitate its continuing development enabling it to achieve its global growth goals.
Better Bite Ventures backs four emerging alt protein startups
Better Bite Ventures, a fund focused on Asia Pacific alternative protein startups, has on Wednesday announced four new investments under its early-stage First Bite initiative and reopens it for new applications.
Malaysian AI Startup VOX scores $250,000 investment from Silicon Valley
Malaysian-born artificial intelligence (AI) startup VOX said Monday it has harnessed ChatGPT with Sharly.ai and scored a $250,000 investment from Silicon Valley.
Singapore Edtech startup Explico raises $1.4M in Pre-Series A funding
Explico, a Singapore based edtech startup, announced Wednesday that it has successfully secured $1.4 million in pre-series A funding. Key investors include Astonic Ventures Singapore, MAVIS TUTORIAL CENTRE, which is one of the largest local tuition centres and Singapore Asia Publishers, the well-known publishing house and a few angel investors.
United States’ Fuel Venture Capital to conduct roadshow in Asia for latest fund
Fuel Venture Capital, a leading early-stage investor in technology and digital companies, will conduct a roadshow in Asia next week as it looks to raise money for its next fund, which uses an innovative, new funding structure positioned to transform the private markets landscape.
Animoca Brands’ subsidiary TinyTap raises $8.5M to expand Web3 education business
TinyTap, an edtech subsidiary of Hong Kong-based gaming firm Animoca Brands, educational games, has on Tuesday announced that it has raised $8.5 million. The funding comes from investors including Sequoia China, Liberty City Ventures, Kingsway Capital, Shima Capital, Polygon, GameFi Ventures, and others.
Vertex-backed Finland EV charging platform Virta raises $93M for APAC expansion
Finland-based electric vehicle (EV) charging platforms Virta Ltd, a portfolio company of Singapore based Venture Capital firm Vertex Holdings, has secured new €85 million ($93.33 million) growth funding.
