Author: TechNode Global Staff
Dubai’s Cultos Global Web3 venture secures investment from industry leaders
Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the expansion of Cultos Global's product and engineering teams across the UAE and India as well as expanding its platform development by introducing several new innovative functionalities.
South Korean AI chip firm Panmnesia raises $12.5M in seed funding with a valuation exceeding $81.4M
Panmnesia, a South Korea-based fabless semiconductor company focused on CXL (Compute Express Link) technology, has on Friday announced its successful completion of a seed funding round amassing $12.5 million.
India’s Kae Capital announces the final close of its Winners Fund II at $50M
Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.
SGX partners BlackRock to launch $426M climate action fund for Asia
Singapore exchange (SGX Group) has partnered American multinational investment company BlackRock to launch $426 million climate action fund for Asia.
Singaporean med-tech firm AWAK Technologies raises $20+ million in Series B funding
AWAK Technologies (AWAK), a Singaporean medical technology company focused on dialysis using regeneration technology for end-stage renal disease, has on Wednesday announced it has successfully raised $20+ million in Series B funding. The round was co-led by venture capital firms Lion X Ventures and Vickers Venture Partners.
ADDX plans expansion in key MENA markets to serve private enterprises seeking financing
Singapore-headquartered private market exchange ADDX said Wednesday that it is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and…
Zilliqa forges strategic alliance with Google Cloud to power Web3 ventures and strengthen blockchain infrastructure
Singaporean blockchain firm Zilliqa Group has announced a multi-year strategic alliance with Google Cloud, which will enhance the scalability, resilience, and data availability of the Zilliqa layer 1 blockchain protocol.
Petronas, Gentari, Amazon and AWS team up to accelerate clean energy growth
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), clean energy solutions firm Gentari Sdn Bhd, American multinational technology company Amazon and Amazon Web Services (AWS) said Wednesday that they will collaborate in an effort to intensify their sustainability and decarbonization initiatives in the accelerated global energy…
Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar Digital
Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.
DFC selects Wavemaker Impact as first climate-tech fund investment in Southeast Asia
The United States International Development Finance Corporation (DFC) has committed to investing $15 million in Wavemaker Impact, a climate-tech venture capital fund based in Singapore that covers Southeast Asia.
