TechNode Global Staff
Southeast Asia FinTech fundraising hits record high of $3.5B year to date – report
Following a dip in fundraising seen across ASEAN’s FinTech scene in 2020, funding has rebounded to reach a record high of $3.5 billion year to date, more than triple the amount seen over 2020, said an industry report. This funding was driven by 13 mega-rounds (classified as funding rounds of at least US$100 million), accounting for more than half of total…
November 11, 2021
News,Thailand,HealthTech,Singapore,Mergers and Acquisitions
Singapore’s Doctor Anywhere acquires Thailand’s largest telemedicine platform Doctor Raksa
The acquisition will also support Doctor Anywhere’s growth trajectory and enhance the group’s regional strategy of enabling borderless healthcare.
November 11, 2021
News,Indonesia,Malaysia,Venture Capital
Malaysia’s Penjana Kapital partners Indonesia’s AC Ventures to pave way for Malaysian start-ups to access $1T Indonesian market
AC Ventures has partnered with Translink Capital and Vertex Force to invest in Dana Penjana Nasional’s Southeast Asia (SEA) Frontier Fund focused on funding promising Malaysian start-ups to, among others, expand into Indonesia and form partnerships within the regional technology ecosystem.
November 11, 2021
News,Investments,Thailand,Gaming
Thailand NFT platform GuildFi raises $6M seed financing from DeFiance, Capital and Hashed to create an interoperable Metaverse
GuildFi is developing a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players' benefits and enable interoperability across the metaverse.
November 11, 2021
Singapore food supply chain marketplace TreeDots secures $11M Series A Investment led by Amasia and East Ventures
TreeDots is looking to enhance its growing food logistics optimization platform and expand regionally with fresh funding. The company, which started its operations in Singapore, expanded into Malaysia last year and expects further regional expansion ahead. it also recently expanded to logistics optimization services to help enterprise customers build more…
November 11, 2021
News,Asia,Singapore,Blockchain / Crypto
Tokai Tokyo Financial partners Singapore’s ADDX to offer private market investment products in Japan
Tokai Tokyo Financial Holdings and ADDX has announced a new partnership to offer fractional private market investment products to investors in Japan, after Tokai Tokyo secured a security tokens license from the Japanese regulator.
November 11, 2021
News,Investments,Singapore,Transportation
Singapore air mobility startup Yugo Private Aviation raises $300K to improve its digital ecosystem
Yugo Private Aviation has successfully raised $300,000 in its pre-Seed round funding to further develop its mobile and online applications. The funding was raised from angel investors based in Texas (United States), Seoul (South Korea), Paris (France), and three Family Offices including Bellone Invest (Estonia), Negocia Capital (Singapore) and LCH…
November 10, 2021
News,Digital Transformation,SEA
Southest Asia internet economy is expected to reach $1T GMV by 2030 – report
Continued shifts in consumer and merchant behaviour, matched with strong investor confidence, have ushered Southeast Asia (SEA) into its “Digital Decade” - and the region is on its way towards $1 trillion gross merchandise value (GMV) by 2030.
November 10, 2021
Korea EdTech startup Mathpresso secures strategic investment from Google
Mathpresso has received an undisclosed amount of funding from Google. The funding will help the startup to accelerate its global market expansion as well as its technological advancement.
November 10, 2021
Vietnam’s Society Pass announces $26M pricing for Nasdaq IPO
Society Pass Incorporated has announced the pricing of its $26 million Nasdaq initial public offering (IPO), offering 2.89 million shares of common stock at a price of $9 per share. The shares have been approved for listing on the Nasdaq Capital Market and will trade under the ticker symbol "SOPA" beginning November 9.
November 10, 2021