TechNode Global Staff
Binance to commit $1B for “Industry Recovery Initiative” for Web3
Binance, the world's largest cryptocurrency exchange, on Thursday announced the launch of a recovery initiative for the crypto industry, through which the exchange and other participants will evaluate investment opportunities in companies and projects that are facing significant short-term difficulties.
Vietnamese audio content platform Fonos raises $1.8M Pre-Series A round to expand into podcasting
Fonos, a Vietnamese audio content startup, said Thursday it has raised $1.8 million in Pre-Series A funding led by US media and technology VC North Base Media. The round also saw participation from returning and new investors, including AngelCentral, Vietcetera’s Vietnam Innovators Fund, and Orvel Ventures.
The Sandbox opens new virtual neighborhoods themed around 14 major brand partners with three LAND sales
The Sandbox, a Hong Kong-based decentralized metaverse and a subsidiary of Animoca Brands, has on Tuesday announced the sale of over 1,900 LAND parcels, where future LAND owners will truly own and be neighbors with a selection of 14 brands and celebrities, starting November 24.
Vietnamese electric motorbike startup Dat Bike raises $8M led by Jungle Ventures
Vietnam-based electric motorbike startup Dat Bike, has on Thursday announced an $8 million fundraise led by Singapore-based Jungle Ventures. GSR Ventures and Delivery Hero Ventures also participated in the round, along with Wavemaker Partners and Innoven Capital. This brings the total funds raised by the company to $16.5 million.
Experian appointed to operate Singapore’s BNPL bureau
Experian, a leading global information services company, has announced its official appointment by the Singapore FinTech Association (SFA) and the Buy Now, Pay Later (BNPL) Working Group as the bureau operator for Singapore’s BNPL Working Group. The appointment involves Experian’s leading global expertise to operate the BNPL bureau in Singapore with all…
Hong Kong’s Hex Trust gets licence for virtual assets services in Dubai
Hex Trust, the Hong Kong-based fully licensed and insured provider of bank-grade custody and associated services for digital assets, has received the minimum viable product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The MVP license will allow the firm to provide a wide range of virtual asset services to institutional clients and…
India’s RedBrick AI raises $4.6M seed funding led by Surge, Sequoia Capital India and Southeast Asia
Indian health-tech artificial intelligence (AI) platform RedBrick AI has on Wednesday announced a $4.6 milion seed funding round to accelerate the development and adoption of artificial intelligence in clinical settings, through rapid data annotation on medical imagery. The round was led by Surge, Sequoia Capital India, and Southeast Asia’s rapid scale-up…
Singapore’s NOVI Health raises $5M in Series A round led by Monk’s Hill Ventures
NOVI Health, a Singapore-based provider of technology-enabled chronic disease and preventive healthcare, announced Thursday the closing ofits Series A fundraising, securing $5 million, led by Monk’s Hill Ventures. The funding will be used to accelerate hiring for its technology, growth, and product teams, while also investing further in its…
ZA Bank integrates Wise to become first HK bank to launch low-cost international transfers in Hong Kong
Hong Kong’s virtual bank ZA Bank and United Kingdom-based financial technology firm Wise has jointly announced a partnership on Wednesday to offer low-cost and quick international money transfers to Hongkongers. This partnership marks two firsts: ZA Bank becoming the first bank in Hong Kong to provide international money transfers with no exchange rate…
East Ventures launches the fourth initiative of Indonesia PASTI BISA to support digital ecosystem
East Ventures, the Singapore-based venture capital firm that has supported over 250 tech companies across Southeast Asia, has on Wednesday launched the fourth initiative of Indonesia PASTI BISA, namely Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM, to revive and support the digital ecosystem in Indonesia.
