News

Australian health tech company Vantari VR raises $4.7M in funding led by Co:Act Capital

Australia-based virtual reality (VR) medical training provider Vantari VR, has secured AUD $7 million ($4.7 million) via a Pre Series A capital raise. The oversubscribed round was led by Co:Act Capital and supported by Acova Capital, Significant Early Venture Capital, Sirius Capital and other investors from the medical device and insurance ecosystem.

Singapore’s ProfilePrint completes Series B fundraising led by Tai Partners

ProfilePrint Pte. Ltd., a Singapore-based technologycompany effecting significant changes in the agrifood industry, has announced the successful conclusion of its Series B funding round. The round was led by Tai Partners and participatedby four of its existing shareholders.

Securities Commission Malaysia introduces accelerated transfer of listing from ACE Market to Main Market for eligible companies

The Securities Commission Malaysia (SC) has on Wednesday introduced an accelerated transfer process to facilitate the promotion of eligible ACE Market public listed companies (PLCs) to the Main Market of Bursa Malaysia.

Liverpool FC welcomes Orion Innovation as its official digital transformation partner

Liverpool Football Club (LFC) has signed a multi-year deal with global system software firm Orion Innovation, to become the club's official digital transformation partner. Through this exclusive deal, Orion Innovation will partner with the club as it continues to innovate digitally and further connect its global fanbase to the club.

India’s Vegrow raises $46M in Series C funding round led by GIC

Vegrow, an India-based business to business (B2B) fruits marketplace, announced it has raised $46 million in primary and secondary funding. The new funding round is led by GIC, Singapore’s sovereign wealth fund, with significant participation from existing investor Prosus Ventures, and continued support from Matrix Partners India, Elevation Capital, and…

Tracxn : Indonesia sees 54 percent decline in startup funding in 2023

Indonesia has witnessed total funding of $1.4 billion year to date, a drop of 54 percent as compared to the same period in 2022, Tracxn said Wednesday. The number of funding rounds in the country year to date also experienced a drop of 49 percent as compared to the same period in 2022.

Animoca Brands and T&B Media Global partner to expand ecosystem capabilities in Web3 space

Hong Kong-based gaming company Animoca Brands and Thailand-based Intellectual Property (IP) company for entertainment technologies T&B Media Global (T&B) have announced a partnership to expand ecosystem capabilities in Web3 space.

Singlife launches Singlife Connect 2.0 to continue supporting insurtech startups in Singapore

Singapore-based financial services company Singlife has launched the second edition of its in-house accelerator program, Singlife Connect. The accelerator program supports and spurs the growth of promising insurtech and budding ecosystem enterprises, Singlife said in a statement on Wednesday.

South Korea’s LINE NEXT raises $140M to expand Web3 ecosystem

LINE NEXT Corporation., South Korea-based LINE’s venture dedicated to developing and expanding the non-fungible token (NFT) ecosystem, announced Wednesday that it has secured a $140 million investment from a consortium led by the private equity firm Crescendo Equity Partners.

Tracxn: Vietnam’s year-to-date funding falls to lowest since 2019

Vietnam has secured the fourth position in 2023 based on year-to-date (YTD) funding, marking the lowest funding year for the region since 2019. The Vietnamese tech startup ecosystem has raised a total of $142 million in funding year to date, reflecting a drop of 73 percent and 91 percent compared with the funds raised in the same period in 2022 and 2021,…