TechNode Global Staff

NEC, Animoca Brands, Gryfyn team up for Web3 space collaboration

With the aim of creating and expanding the digital wallet market in the Web3 area, Japanese technology firm Nippon Electric Company, Limited, (NEC) has entered a memorandum of understanding with Hong Kong-based Wed-3 firm Animoca Brands Corporation Limited (Animoca Brands) and Gryfyn Holdings Limited (Gryfyn), a joint venture between Animoca Brands and Hex…

Singapore’s Horizon Quantum Computing raises $18.1M Series A funding from Sequoia Capital India, Tencent and others

Horizon Quantum Computing, a Singapore-based company building software development tools to unlock the potential of quantum computing hardware, announced Friday that it has raised $18.1 million Series A investment from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital and Expeditions Fund.

Mobee obtains license to operate digital asset exchange in Indonesia; raises funds led by 1982 Ventures

Indonesian digital assets and securities Mobee has launched its newly registered digital asset exchange in Indonesia. The firm has also closed its funding round led by leading fintech fund 1982 Ventures and strategic Indonesian family offices and individuals.

Animoca Brands Japan invests $113M in LMI Group

Animoca Brands Japan, a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), announced Thursday that it has invested JP¥150 million ($112.8m) into LMI GROUP Inc. (LMI).

Shopee survey shows new generation of Malaysians shop value-based online

New generations of Malaysians are shopping with purpose online as Shopee's marketplace data shows online consumers are three times more likely to buy products that promote smarter consumption in 2023 than in 2020.

Indonesian insurtech firm Qoala raises $7.5M in Series B+ led by responsAbility

Qoala, an Indonesia-based insurtech company, has completed its Series B+ funding round, raising $7.5 million led by responsAbility Investments AG (responsAbility), a European investment firm.

BNPL schemes grow at a more moderate pace in 2022, says Malaysian Central Bank

Malaysian Central Bank said Wednesday that buy-now-pay-later (BNPL) schemes grew at a more moderate pace in 2022 amid tapering customer demand.

Singapore’s Right-Hand Cybersecurity announces $5M Series A funding

Right-Hand Cybersecurity, a Singapore-based human risk management firm for cybersecurity, has on Tuesday announced its successful $5 million Series A led by former PayPal Executive Jack Selby and his firm AZ-VC, the largest venture capital firm in Arizona.

Singapore’s Igloo extends weather index insurance to coffee farmers in Vietnam

Following the success of the weather index insurance for rice farmers, Singapore-based insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers.

Gobi Partners onboards Care Concierge to the Khazanah-backed Gobi Dana Impak Ventures fund

Gobi Partners, an interconnected Pan-Asian venture capital (VC) firm, has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak Ventures (GDIV) fund.