News

Global payment firm Nium opens new headquarters in Singapore

Real-time global payments firm Nium has on Monday announced the opening of its new headquarters in Singapore. The new headquarters is Nium’s strategic hub for serving clients across Asia Pacific, the Middle East, and Africa.

Animoca Brands’ Yat Siu appointed to Hong Kong Task Force on promoting Web3 development

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday that its Co-Founder and Executive Chairman Yat Siu has been appointed to the task force on promoting Web3 Development newly established by the government of the Hong Kong Special Administrative Region.

Gaw Capital Partners completes final close of Gateway Real Estate Fund VII at $3B

Hong Kong real estate private equity firm Gaw Capital Partners has announced the final close of its seventh Asia Pacific real estate fund, Gateway Real Estate Fund VII, bringing the total equity raised for the fund to $3 billion.

Germany’s BLUU Seafood aims to launch cultivated seafood products in Singapore in 2024

BLUU Seafood, a Germany-based food biotech that produces cultivated fish, aims to launch the first cultivated seafood products in Singapore in 2024 after securing Series A funding. After securing EUR 16 million ($17.36 million), the firm has secured the necessary capital to further advance the work on its groundbreaking technology and to enable the market…

Hong Kong’s OneDegree closes $55M Series B round to expand digital assets insurance

Hong Kong-based insurtech firm OneDegree Group has on Thursday announced that it has closed additional funding, taking its Series B round to $55 million. The new funding will be used to expand OneDegree Group’s digital assets insurance business and insurtech offerings globally as well as to broaden the product offering and deepen the market penetration of…

Tata Communications to acquire global CPaaS platform player Kaleyra at $100M

India-based digital ecosystem enabler Tata Communications has on Friday announced that it will acquire United States-listed communications platform as a service (CPaaS) platform at approximately $100 million.

TechNode Global hosts forums in Singapore and Seoul, focusing on China Market Access and the Greater Bay Area

Both forums also showcased the Hengqin region's potential as a springboard for startups to access the vast opportunities in Greater China. Liang Ying, Chief Information Officer of Zhuhai Da Hengqin Development Co., Ltd., gave presentations on Hengqin's strategic location within the Guangdong-Hong Kong-Macao Greater Bay Area, its unique advantages, and…

ADB approves $1B loan to support low-carbon public transport in the Philippines

The Asian Development Bank (ADB) has on Thursday approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.

Singapore’s SUNRATE closes Series D-1 funding round with Prosperity7 Ventures as lead investor

SUNRATE, an intelligent global payment and treasury management platform based in Singapore, has announced on Tuesday that Prosperity7 Ventures, the diversified growth fund under Aramco Ventures, has made an investment in the company in its latest D-1 funding round.

Taiwan’s Gogoro to deploy $1.5 billion smart battery infrastructure in India’s State of Maharashtra

Taiwanese battery-swapping refueling platform provider Gogoro will manufacture and deploy smart battery infrastructure in India's State of Maharashtra that would exceed $1.5 billion over eight years.