Author: TechNode Global Staff

Indian EdTech firm Emeritus secures $350M debt financing from CPP Investments

Emeritus has secured $350 million in debt financing from Canada Pension Plan Investment Board CPP Investments through its subsidiary CPPIB Credit Investments Inc. This funding will be used by Emeritus to fuel mergers and acquisition as part of a robust global growth strategy.

Vietnam’s Jio Health raises $20M Series B investment led by Heritas Capital

Jio Health has completed a $20 million Series B investment led by Singapore-based healthcare investor Heritas Capital. Other investors in the round include Fuchsia Venture Capital (corporate venture capital of Muang Thai Group Holdings), Kasikorn Bank Group, and existing investor, Monk’s Hill Ventures. This fundraise represents the largest in the company’s…

Malaysia’s Vase.ai raises seed funding led by Indelible Ventures

Vase Technologies Sdn Bhd (Vase.ai) has raised a seven-figure ringgit investment to kick-start its 2022 expansion. This new round of funding was led by Indelible Ventures, along with their existing investors. The investment from Indelible Ventures will be poured into aggressive geographical expansion and enhancing the artificial intelligence (AI) technology…

Singapore FinTech firm Cake DeFi launches $100M venture capital arm

Cake DeFi has launched Cake DeFi Ventures (CDV), its venture capital arm with $100 million in earmarked capital. CDV is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, non-fungible token (NFT), blockchain and esports industries, that will bring synergistic value to Cake DeFi’s core business.

Prosus Ventures and Tiger Global lead $50M Series C investment in India’s Captain Fresh

Captain Fresh has raised $50 million in a Series C investment round co-led by Prosus Ventures and Tiger Global, both existing investors. Other participants in this round also included existing investors Accel India, Matrix Partners India, Ankur Capital, and Incubate Fund.

US’s LEET Technology partners with Philippines’ Smart Communications to develop online esports gaming platform in the Philippines

LEET Technology Inc. (LEET) has partnered with Smart Communications Inc. (Smart), to develop Smart GIGA Arena, the first all-in-one online esports gaming platform in the Philippines. Enabling Filipinos to pursue their mobile gaming passion, Smart GIGA Arena is built on a proprietary esports and social gaming platform, by LEET. This platform on the fastest…

Funding Societies partners with MatchMove to widen credit access for MSMEs in Singapore

Funding Societies has selected banking-as-a-service (BaaS) provider MatchMove to offer virtual card solutions to their micro, small, and medium-size enterprises (MSME) clients in addition to their approved loans at affordable interest rates. This partnership would solve the growing need for MSMEs to manage their digital business expenses.

Japanese space startup ElevationSpace raises $2.7M Seed funding

ElevationSpace Inc. has raised seed funding of $2.7 million from six investors, bringing its total raise to approximately $3 million. Its seed round investors included Genesia Ventures, Inc., Plug and Play Japan, Tohoku University Venture Partners Co. Ltd, Innovations and Future Creation Inc, MAKOTO Capital Co., Ltd. and Leave a Nest Capital.

Taiwanese conversation management tool Cooby raises $2.9M to date led by Sequoia India’s Surge and Pear VC

Taiwan-based conversation management tool Cooby announced Tuesday that it has raised $2.9 million to date led by Sequoia India’s Surge and Pear VC.

Indian AgriTech start-up Otipy gets $32M in Series B funding round led by Westbridge Capital

Otipy has raised Rs235 crores ($32 million) in its Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round. These fresh funds have come in six months for Otipy, after its series A funding of Rs76 crores ($10.2 million). The funding will help the startup to further strengthen its supply chain,…