TechNode Global Staff

Hong Kong’s Gusto Collective completes seed plus financing round of $11M

Gusto Collective, Hong Kong-based BrandTech holding company, said Thursday it has raised $ 11 million in its seed plus funding round led by Animoca Brands and Gaw Capital. The oversubscribed round also received participation from BlackPine, YCI Limited, and several existing shareholders including ClearVue Partners. With the completion of this round, the…

Singapore’s Eureka Robotics raises $4.25M Pre-Series A round led by UTEC

Singapore-based robotics firm Eureka Robotics said Wednesday it has raised a Pre-Series A round of $4.25 million led by one of Asia’s largest deep-tech investment firms The University of Tokyo Edge Capital Partners (UTEC), with participation from Vietnam’s Touchstone Partners and Eureka’s seed round investor ATEQ.

Taiwan’s Gogoro to launch battery swapping platform & smartscooters in Israel

Gogoro Inc., a Taiwan-based battery swapping ecosystems provider, announced Thursday it was partnering with Israeli two-wheel vehicle distributor Metro Motor and Israeli gas and energy company Paz Group to launch its battery swapping platform and smartscooters in the Tel Aviv metropolitan area this summer and other cities in Israel in the future.

Temasek’s Fullerton Fund Management to list private equity fund on ADDX’s digital platform

Private market exchange ADDX said Wednesday it has partnered with investment specialist Fullerton Fund Management Company Ltd (Fullerton) to list Fullerton’s private equity fund of funds on its digital platform. The Fullerton Optimised Alpha Fund is a closed-end fund targeting 8 percent to 12 percent in returns per annum over its fund life of seven years.

Singapore insurtech firm CoverGo raises $15M Series A led by SemperVirens VC

CoverGo, a Singapore-based insurtech platform, announced Tuesday it has secured $15 million in Series A funding led by California-based SemperVirens VC with participation from US venture capital firms SixThirty, Tribeca Early Stage Partners and Fresco Capital. The startup's strategic investors include pan-African insurance group Old Mutual, Asia-based…

South Korea’s oHouse raises $182M Series D funding from SoftBank Ventures Asia and others

oHouse, a South Korean home furnishing and remodeling unicorn, announced Friday that it has raised $182 million Series D funding from prominent global investors to power the global growth of its groundbreaking lifestyle platform. The funding came investors including SoftBank Ventures Asia, BRV Capital Management, Vertex Growth which is anchored by…

SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round

SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.

Singapore’s Funding Societies steps into Vietnam in fifth market expansion

Funding Societies, a Singapore-based small and medium-sized enterprise (SME) digital financing platform, has officially launched in Vietnam on Tuesday, marking its fifth market expansion .Addressing the SME financing gap in Vietnam, where the SME landscape is growing yet financially underserved, is a natural next step for the fintech company as it pushes…

Fundnel Group and BRI Ventures launch fund for Indonesian growth-stage start-ups

Fundnel Group, Southeast Asia’s largest marketplace for alternative assets, has signed a Memorandum of Understanding (MoU) on Monday with BRI Ventures (BVI), the corporate venture capital arm of Indonesia’s largest bank, to launch a first-of-its-kind BVI – Fundnel Secondaries Fund. Upon signing of the MoU and through this strategic partnership, Fundnel and…

Airwallex rolls out more global payments services in Singapore with virtual business cards and card expenses launch

After officially entering the Singapore market in January, global fintech firm Airwallex continues to progressively roll out key offerings in its global payments suite with Tuesday’s launch of its Airwallex Borderless Card and integrated expense management solution.