Author: TechNode Global Staff

Singapore’s Mighty Jaxx nets $20M in Series A+ funding led by East Ventures

Mighty Jaxx announced Monday the first close of $20 million in its oversubscribed Series A+ funding round, pushing the company’s valuation to over $200 million. The funding round, fuelled by burgeoning interest in the phygital and metaverse future, was led by East Ventures (Growth Fund) and includes new strategic investor Mirana Ventures - the venture…

Wavemaker Partners closes fourth fund above goal at $136 million

Wavemaker Partners has closed its fourth fund at $136 million, making it the largest fund focused on early-stage (Seed/Pre-A) enterprise, deep tech, and sustainability startups in Southeast Asia. Surpassing its $120 million fundraising goal, Wavemaker's Fund 4 is 22 percent bigger than the previous fund ($111 million) that closed in October 2020. Fund 4…

Taiwan data mesh solution provider Canner raises $3.5M Series Pre-A funding led by Taiwania Capital

Canner has raised a total of $3.5 million in a Series Pre-A funding round. Led by Taiwania Capital, the funding round was also participated in by global venture capital firm Hive Ventures and SparkLabs Taipei. Canner will use this funding to accelerate product development, expand local and international marketing efforts, and grow its internal teams.

Singapore voice AI start-up AI Rudder bags $50M in Series B funding to propel growth and international expansion

AI Rudder has closed a $50 million Series B funding round, bringing total funding in the last 12 months to $60 million. New investors Tiger Global, Coatue, Cathay Innovation, First Plus and VenturesLab participated and were joined by previous investors Sequoia Capital India and Huashan Capital. To power this next phase of growth, the company will use the…

Australian NFT platform Immutable secures $200M in Series C financing led by Temasek

Immutable has secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also joined the round as new investors. King River…

Singapore’s Insider unlocks unicorn status and announces $121M Series D with a $1.22B valuation

Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…

Binance launches payments technology company Bifinity

Binance on Monday announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity's on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions.

Singapore e-commerce enabler Zaapi raises $4.5M seed investment led by GFC, Flourish Ventures, and Partech

Zaapi has raised a $4 million seed investment in the current round of funding. Prominent venture capital investors, including Global Founders Capital (GFC), Flourish Ventures, and Partech, led the investment. Other institutional investors in the round include 1982 Ventures, Kaya Founders, Iterative, XA Network, and Sketchnote Partners/Invertidos.

Malaysian finance platform Ethis Group launches Ethis Global platform for global expansion

Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…

Singtel’s NCS acquires Australian IT services firm The Dialog Group for $241M

NCS, the information technology (IT) and communications engineering arm of Singtel, announced Monday it has acquired Australia’s largest privately-owned IT services company The Dialog Group (Dialog) for A$325 million ($241 million). The acquisition of Dialog is geared to unlock new growth opportunities in the Australian market and accelerate NCS’…