TechNode Global Staff
Singapore’s Resolution Ventures announces first close of $20M Southeast Asia FinTech fund
Resolution Ventures, a Singapore-based venture capital firm, announced Wednesday the first close of its $20 million Southeast Asia-focused Fintech fund, Resolution Fintech Fund I. With its inaugural fund, Resolution Ventures is committed to backing the most promising founders in Southeast Asian Fintech, building solutions that have local, regional, and…
Germany’s Soundcloud acquires Singapore music AI firm Musiio
Germany music entertainment firm SoundCloud announced Tuesday it has acquired Musiio, a Singapore-based music artificial intelligence (AI) firm. Musiio will amplify SoundCloud’s existing music intelligence capabilities and allow the company to further leverage its vast data to identify what’s next in music trends and talent.
India’s Zepto raises $200M Series D led by Y Combinator Continuity
Just nine months after launching, Indian quick commerce firm Zepto has announced its $200 million Series D fundraise, valuing the company at around $900 million. Y Combinator Continuity doubled down and led Zepto’s Series D, with new investor Kaiser Permanente joining in to back the company.
Indian smart interviewing platform BarRaiser secures $4.2M in seed funding round
BarRaiser, an India-based artificial intelligence (AI)-powered smart interviewing platform, announced Monday that it has raised $4.2 million in seed financing. The seed funding round was led by 021 Capital and Global Founders Capital, with participation from other angel investors.
Grab-led digibank consortium to focus on local micro-SMEs, gig economy workers
Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited (Singtel), and Malaysian investors including Kuok Brothers Sdn. Bhd, is expected to enable local micro-small and medium enterprises (SMEs) and other financially underserved segments such…
India’s Geniemode lands $28M Series B funding led by Tiger Global
Geniemode, an India-based business to business (B2B) cross-border tech platform for lifestyle goods, said Friday it has scooped up $28 million Series B funding led by Tiger Global. Existing investor Info Edge Ventures, also doubled down in the round.
Vietnam’s Trusting Social raises $65M Series C round from Sherpa
Vietnamese FinTech firm Trusting Social announced Thursday an investment of $65 million in the group from The Sherpa Company Limited (Sherpa), a subsidiary of Masan Group Corporation, for the initial close of its Series C round. It also announced a strategic collaboration between Trusting Social and Masan intends to develop an artificial intelligence…
Hong Kong’s Animoca Brands partners Germany’s OneFootball to bring football to blockchain
Animoca Brands, a Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday that it has partnered Germany-based football media platform OneFootball and United States-based venture capital firm Liberty City Ventures to set up OneFootball Labs, which will enable clubs, leagues, federations and players to…
Thai blockchain startup Athena Mentor launches mentor-to-earn platform
Athena Mentor (Athena), a Thai blockchain startup, on Wednesday introduced its core mentor-to-earn service with the key feature "wisdom mining", whereby a user can receive Athena Mentor tokens by contributing as a mentor or participating as a mentee.
Indonesian Bukalapak 1Q revenue surges 86 percent to $54.39M on higher Mitra Bukalapak contribution
Indonesian e-commerce firm Bukalapak said Thursday that its revenue for the first quarter of 2022 (1Q22) grew by 86 percent year on year to IDR788 billion ($54.39 million), underpinned by its Mitra Bukalapak’s growth.
