TechNode Global Staff
Thai Forward raises $5M seed round led by Primestreet Capital global VC fund
Forward, a Thai digital asset and blockchain startup focusing on protocol development for decentralized derivative exchange and DeFi platform, said Monday it has successfully closed its $5 million seed round within just six months of fundraising.
Asset tokenization projected to grow 50 times into $16T opportunity by 2030, says BCG, ADDX report
A newly-published report by global consulting firm BCG and ADDX, the digital exchange for private markets, forecasts that asset tokenization will expand into a $16.1 trillion business opportunity by 2030. This growth comes as the crypto winter is prompting capital to focus on more viable blockchain use cases.
VinFast delivers first electric SUVs
VinFast, the automotive arm of Vingroup, on Saturday delivered the first batch of 100 VF 8 all-electric sport utility vehicles (SUVs) to local customers. VinFast plans to export the next batch of approximately 5,000 VF 8s headed to the United States, Canada, and Europe from November. The first international customers are expected to receive their vehicles…
Singtel partners Intel to launch 5G multi-access edge compute incubator
Singtel on last Friday announced its collaboration with Intel to establish a 5G Multi-access Edge Compute (MEC) incubator that will enable enterprises to adopt 5G seamlessly, deploy applications that need low latency processing at the edge, drive innovation and accelerate their digital transformation.
Indonesia’s UENA raises seed funding led by East Ventures
UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation from IDN Media and several angel investors.
Singapore’s Temus makes first acquisition with Dreamcloud
Temus, a Temasek-backed Singaporean digital transformation firm, announced Thursday the completion of its first acquisition, Dreamcloud, a home-grown Singapore-headquartered system integrator.
Singapore’s DBS partners with Hong Kong’s The Sandbox to launch ‘DBS BetterWorld’
DBS, a Singapore-based financial services group, announced Friday a partnership with The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, to create DBS BetterWorld, an interactive metaverse experience showcasing the importance of building a better, more sustainable world, and inviting others to come…
Singapore’s Ninja Van invests $50M to automate parcel processing capabilities across Southeast Asia
Ninja Van Group, a Singapore-based tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance its parcel processing capabilities across its key parcel sorting hubs.
MetaWeb Ventures raises $30M for builder focused blockchain fund
MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced Thursday the launch of its first fund (Fund I), with total capital commitments of $30 million.
Animoca Brands raises $110M funding led by Temasek, Boyu Capital, GGV Capital
Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for the open metaverse, announced Thursday that it has closed a strategic funding round for $110 million led by Temasek, Boyu Capital, GGV Capital.
