TechNode Global Staff
Hong Kong’s PAG to invest over $1B on renewable energy in Asia
PAG, a Hong Kong-based Asia Pacific (APAC)-focused alternative investment firm, announced Wednesday the launch of PAG Renewables, a wholly owned company with the mandate to develop, build, operate, and invest in renewable energy in Asia. The fund is expected to invest over $1 billion through the platform over the next several years.
Vietnam’s Vinfast invests in solid-state battery manufacturer ProLogium
VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…
Singapore’s YouTrip launches in-app travel insurance
Singapore's neobank YouTrip announced Monday that it has launched a new travel insurance product on its multi-currency app for all local users. Rolled out in conjunction with online insurance provider, HL Assurance (HLAS), travellers can now purchase a single-trip policy directly and conveniently on the YouTrip app, and enjoy up to 65 percent in savings on…
China’s Xinghuo BIF and Malaysia’s Zetrix jointly introduce Web3 Services
China's Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF) and Malaysia's Zetrix have jointly announced the introduction of blockchain-based identifiers (BID) / verifiable credentials (VC) and blockchain-based E-signing services to international markets.
India’s MoHash raises $6M seed funding led by Quona and Sequoia Capital India
MoHash, an India-based decentralized finance (DeFi) protocol, announced Thursday that it has raised $6 million seed funding led by Quona and Sequoia Capital India which aims to offer global capital access to private debt in high growth economies and creating liquidity. The round also saw participation from Jump Crypto, Hashed Ventures, Coinbase Ventures,…
UK’s Ascential acquires Singapore e-commerce services provider Intrepid for up to $250M
Ascential plc, the specialist information, analytics and eCommerce optimisation company in the United Kingdom, has acquired Intrepid E-Commerce Services Pte. Ltd. (Intrepid), a provider of eCommerce execution services to brands in Singapore. The maximum total consideration payable for Intrepid, in the event that very stretching targets are reached, is…
India’s Fitmint raises $1.6M seed funding led by General Catalyst
Bengaluru-based move-to-earn startup Fitmint announced Wednesday it has raised seed funding of $1.6 million from multiple venture capital firms and institutional investors. This seed fundraising round was led by renowned international venture capital firm General Catalyst, and it also witnessed participation from iSeed, Kearny Jackson, Dweb3 and 1947 Rise,…
Indonesia’s Mapan secures $15M Series A funding co-led by Patamar Capital and PT Astra Digital Internasional
Mapan, an Indonesia-based FinTech startup, announced Tuesday it has closed a successful Series A round of $15 million co-led by Patamar Capital and PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra). The round also saw participation from Indonesian giants BRI Ventures, SMDV, Blibli, Prasetia Dwidharma, and global venture…
UK’s Entrepreneur First raises unconventional $158M Series C funding for talent investing in Southeast Asia
Entrepreneur First (EF), a United Kingdom-based scaleup investor in early stage founder talent, said Wednesday it has raised a $158 million Series C funding round from a group of veteran technology founders, including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.
