TechNode Global Staff
World’s first metaverse music label 0x0 launches in Taiwan
With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of music enthusiasts, the artists that 0x0 represents exist in the form of NFT characters, putting out music and MVs with the characters as their identities. This maximizes the…
May 20, 2022
News,Investments,Indonesia,SaaS
Indonesia’s Mekari secures $50M funding led by Money Forward
Mekari, an Indonesia-based software-as-a-service (SaaS) startup, announced Friday its latest funding of $50 million led by Money Forward Inc, the largest SaaS provider of financial planning and accounting applications from Japan. This funding was also followed by the participation of previous investors.
May 13, 2022
Singapore’s Volopay partners with Visa to offer financial management solutions in Australia
Volopay, a Singapore-based corporate cards and payable management fintech firm backed by Y-Combinator, announced Thursday it has signed a partnership with Visa to be part of Visa’s Fintech Fast Track Program which will significantly expand Volopay’s offering of financial management solutions in the Australian market.
May 13, 2022
News,eCommerce,Asia,Investments
Japan’s chat commerce firm Zeals raises $38.77M funding led by JIC Venture Growth Investments
Zeals Co., Ltd. (Zeals), a Japan-based Chat Commerce provider, announced Thursday that it has raised a total of ¥5 billion ($38.77 million) in funding.JIC Venture Growth Investments led the ¥3.5 billion ($27.14 million) Series E round with participation from Z Venture Capital, a venture investment arm of Z Holdings, Japan Post Capital, and Salesforce…
May 13, 2022
Singapore,Blockchain / Crypto,Asia
Singapore’s GIC leads $170M Series F financing in US blockchain data platform Chainalysis
Chainalysis, a United States-based blockchain data platform, announced Thursday a $170 million Series F financing led by GIC, Singapore's sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon (BNY Melon) and…
May 13, 2022
News,Electric Vehicles & Mobility,Asia
India’s Ather Energy raises $128M Series E round led by Strategic Opportunities Fund and Hero Moto
Ather Energy, an India-based electric two-wheeler company, announced Thursday the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp.
May 13, 2022
News,Indonesia,FinTech,Mergers and Acquisitions
Investree to acquire 18.4 percent stake in Indonesian digital bank Amar Bank
Investree Singapore Pte Ltd (Investree Group), a holding company of Southeast Asian fintech lending platforms for micro, small, and medium enterprises (MSMEs), is set to acquire 18.4 percent minority stake in PT Bank Amar Indonesia Tbk (Amar Bank), a licensed commercial bank and digital banking pioneer in Indonesia. Investree has signed a transaction…
May 12, 2022
Singapore’s Supabase announces $80M Series B funding led by Felicis
Supabase, a Singapore-based open-source database-as-a-service (DBaaS) company, announced Tuesday that it has raised $80 million in Series B funding led by Felicis, with participation from existing investors Coatue and Lightspeed. This latest round follows Supabase's $30 million Series A round announced in September 2021, and brings the company's total…
May 12, 2022
News,SEA,Transportation,Singapore
Grab announces three ESG goals for sustainable and inclusive growth
Grab, the Singapore-based superapp, announced Thursday three goals to drive sustainable and inclusive growth in Southeast Asia. The new goals are doubling the number of marginalised individuals earning income on its platform by 2025; reaching 40 percent female leadership by 2030, and achieving carbon neutrality by 2040.
May 12, 2022
Indonesia’s Qoala raises $65M Series B funding led by Eurazeo
Indonesia-based insurtech startup Qoala, said Wednesday it has successfully raised Series B funding of $65 million led by Eurazeo.The round also saw participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. BRI Ventures, Daiwa PI Partners, Indogen Capital,…
May 12, 2022