News
Vietnam’s VinFast selects IMA to provide roadside assistance for European customers
Vietnam-based electric vehicle maker VinFast and France-based roadside assistance provider IMA Group (IMA) have on Thursday announced a new collaboration to provide roadside assistance for VinFast customers in Europe.
Animoca Brands announces Mocaverse, the NFT collection to empower Web3 community connections
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Thursday Mocaverse, its official PFP NFT collection designed to strengthen the company’s ecosystem of Web3 and metaverse-centric projects.
Singapore’s Digital Entertainment Asset secures $10M from LDA Capital to accelerate expansion
Digital Entertainment Asset (DEA), a Singapore-based operator of the PlayMining non-fungible token (NFT) gaming platform, announced Wednesday it has raised a $10 million investment from United States-based LDA Capital, a global alternative investment group.
Southeast Asia’s superapp Grab to implement cost cuts, cites uncertain macroeconomic situation – report
Tan said the company has been cautious with how it has spent money over the past two years, streamlining some businesses, tapering down incentives as well as slowing down hiring. These measures had helped Grab get closer to its profitability goals
South Korea’s Postype raises $7.6M funding led by Sui Generis Partners
Postype, a creator-focused content publishing platform based in South Korea, has announced that it has raised $7.6 million. The funding round was led by Sui Generis Partners with additional participation from other high-profile South Korean investors, including Shinhan Venture Investment, We Ventures, Atinum Investment, KB Investment, and Playmake Ventures.
Singapore’s Aktivolabs scores $10M capital commitment from Mitsui to fuel global expansion
Aktivolabs Pte Ltd, a Singapore-based health tech firm, announced Thursday that it has secured a $10 million capital injection for a Series A round led by Mitsui & Co., Ltd., Adaptive Capital Partners and SEEDS Capital, the investment arm of Enterprise Singapore.
Plugo raises $9M Series A Funding led by Altos Ventures
Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.
Singapore’s Casa Mia Coliving secures $1.3M strategic seed funding to accelerate expansion
Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity veterans.
India’s Java Capital launches $9M seed stage fund
Java Capital, a seed stage focused, SEBI registered Alternate Investment Fund (AIF) in India, has announced the launch of its first fund with a corpus of INR 75 crore ($9 million), including a greenshoe option of Rs 25 crore.
Vietnam’s VinFast opens four more stores in California
VinFast, the Vietnamese electric vehicle car maker, has on Wednesday announced the opening of four more VinFast stores in Los Angeles and Orange County. The events affirm VinFast’s efforts to expand its retail and service system before the delivery of vehicles to United States customers at the end of this year.
