Author: TechNode Global Staff

Singapore’s Carzuno launches car subscription services in Thailand

Carzuno, a Singapore-based all-inclusive subscription platform for cars, announced Thursday that it has launched its operations across Thailand. The company has hired Wisate Kirin (ex-Carro, Toyota, Michelin) and Cathrin Samijtwong (ex-Servcorp, HappyFresh) to spearhead the car subscription operations in Thailand and enhance Carzuno's service ofering by…

US and Japan-based gumi Cryptos Capital raises $110M early-stage fund to invest in blockchain startups

Gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm based in United States and Japan, announced Wednesday the completion of raising $110 million for its second blockchain-focused early-stage fund. The fund will target exceptional developers, projects, DAOs, guilds, apps, games, and protocols at any layer at the earliest stage and is…

Malaysia’s Hatten Land signs agreement with new partner for crypto mining activities

Hatten Land Limited and together with its subsidiaries, announced Thursday that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a crypto mining facility and support services agreement with a new business partner, where up to 550 crypto mining rigs can be added to the group's crypto mining activites and deployed across its crypto mining…

Singapore’s Pace acquires regional BNPL pioneer Rely to strengthen its FinTech position in the region

Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the assets of Rely, the home-grown FinTech startup that offers BNPL services in the region, for an undisclosed sum.

India’s Pine Labs raises $50M from United Kingdom’s Vitruvian Partners

Indian merchant commerce platform Pine Labs announced Wednesday a new investment of $50 million from Vitruvian Partners, a London-headquartered international investment firm.

Indian healthtech startup Qure raises $40M from Novo Holdings and HealthQuad

Qure.ai (Qure), an India-based health tech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced Tuesday that it has secured $40 million in a funding round led by Novo Holdings and HealthQuad, supported by existing investor MassMutual Ventures (MMV). The firm will use the new investment to extend and strengthen its global…

Vietnam’s Vinfast to build EV factory in North Carolina

VinFast and the government of North Carolina announced Tuesday the signing of the memorandum of understanding (MOU) for the establishment of VinFast’s first North Americanmanufacturing plant. The company intends to invest up to $2 billion in the project’s phase one, creating thousands of jobs. VinFast’s factory will create a major manufacturing center in…

Singapore private equity firm Azalea launches first sustainability fund

Azalea Investment Management Pte. Ltd. (Azalea) has launched the Altrium Sustainability Fund I (ASF I), which will invest in environmental, social and governance (ESG) focused opportunities to achieve positive environmental and social outcomes alongside private equity financial returns. ASF I is a PE fund-of-funds product that enables institutional and…

Japanese space industry startup Synspective raises $100M in Series B funding

Synspective Inc. has raised $100 million in a Series B funding round. The latest funding was led by Sompo Japan Insurance Inc. (Tokyo, Japan), Nomura SPARX Investment, Inc. (Tokyo, Japan), and Pavilion Capital Pte. Ltd. (Singapore) among others, as well as bank loans. This puts its total funding value at $200 million since its founding.Synspective will use…

Indian spacetech startup Pixxel nets $25M Series A funding led by Radical Ventures

Pixxel announced Monday a $25 million Series A funding led by Radical Ventures. Additional participation in Pixxel’s Series A comes from Jordan Noone, Seraphim Space Investment, Lightspeed Partners, Blume Ventures, Sparta LLC and Inventus Capital India, Pixxel said in a statement. The new funding will enable Pixxel to expedite production of the world’s…