News

Animoca Brands partners Mitsui & Co. for Web3 market in Japan

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, has signed a memorandum of understanding for a strategic partnership with Mitsui & Co., Ltd. (Mitsui) through a strategic investment.

Carsome completes latest financing round, bringing liquidity position to $200M

Malaysia-based integrated car e-commerce platform Carsome Group Inc, has on Monday announced the closing of its latest fundraising round, which brings the group’s liquidity position to approximately $200 million.

Singapore’s affable.ai collaborates with Google Cloud for influencer marketing

Affable.ai, a Singapore-based innovator in the marketing technology industry, has on Monday announced the launch of Skye – the world's first artificial intelligence (AI) companion specifically designed for influencer marketers.

FOMO Pay implements Moody’s Analytics End-to-End KYC/AML Risk Monitoring Solutions

FOMO Pay, the Singapore-headquartered major payment institution, announced Monday its implementation of Moody's Analytics know your customer (KYC) solution to monitor risk and secure compliance of its digital payments and digital banking services.

Kaya Founders raises $12M in first close to support Philippine startup founders to scale-up

Kaya Founders, a Philippines-based venture capital firm, has on Wednesday announced the first close at $12 million in funding across two new funds to back the next generation of tech-enabled, industry-shaping start-ups across Southeast Asia.

The Third Hengqin International Scientific and Technological Innovation and Entrepreneurship Competition Offers RMB 300M Prize Pool

This prestigious competition, organized by the Guangdong-Macao in-Depth Cooperation Zone in Hengqin Economic Development Bureau, presents a lucrative opportunity for participants to showcase their talents and ideas while vying for a substantial prize pool of RMB 300 million.

SUSI Partners closes Southeast Asia Energy Transition Fund at $120M

Swiss infrastructure fund manager SUSI Partners has held a final closing for Southeast Asia Energy Transition Fund (SAETF) at the end of May, bringing total fund commitments to $120 million.

Recharge Capital launches $200M women’s healthcare fund

New York and Singapore-based private investment firm Recharge Capital has on Thursday announced the successful closure of the first tranche of its $200 million Women’s Healthcare Investment Vehicle.

Carro and Jardine Cycle & Carriage ink $60M automotive strategic partnership

Singapore-based used car marketplace Carro and Jardine Cycle & Carriage (JC&C) have announced on Friday a $60 million strategic partnership that aims to redefine the used car and aftersales segments of automotive retailing.