News
Vietnam’s EV maker VinFast files for US IPO
VinFast intends to list its ordinary shares on the Nasdaq Global Select Market under the symbol “VFS”.
Animoca Brands acquires majority stake in music metaverse company PIXELYNX
Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has taken a majority stake in Pixelynx, Inc. through its controlled subsidiary. Both parties will focus on developing new formats of music consumption that can be scaled across the metaverse to unlock new revenue…
Australian entrepreneur Monique Conheady joins Wavemaker Impact as its Venture Partner in Australia
Wavemaker Impact, a Singapore-based climate tech venture builder, announced on Wednesday that Monique Conheady has joined as its new Venture Partner for Australia and New Zealand. With Monique leading its efforts in Australia and New Zealand, Wavemaker Impact intends to launch its first venture in the region next year.
ADDX fractionalizes venture debt fund by Innoven Capital
Singapore-based private market exchange ADDX has fractionalised a venture debt fund by Innoven Capital, a joint venture between Seviora Holdings (a wholly owned subsidiary of Temasek Holdings) and UOB, bringing down the minimum subscription size for individual accredited investors to $20,000, from $5 million.
Singapore’s Haulio acquires Indonesian logistics technology firm Logol
Haulio, Singapore’s largest and Southeast Asia’s fastest growing digital haulier, announced Tuesday that the company will be securing its first overseas acquisition with a controlling stake in Logol, a Jakarta-based logistics-focused technology platform.
Indonesia’s Fairatmos raises $4.5M seed round led by Go-Ventures and Kreasi Terbarukan TBS
Fairatmos, an Indonesia-based carbon technology platform, has raised $4.5 million in its seed round, led by Go-Ventures and Kreasi Terbarukan TBS, the investment arm of one of Indonesia’s leading integrated energy companies, Toba Bara Sejahtera. The round also saw participation from Vertex Ventures Southeast Asia and India and prominent angel investors.
Airwallex aims to accelerate growth in APAC with new Chief Revenue Officer and APAC GM
Australia-based global fintech platform Airwallex has on Tuesday announced that Kai Wu has been jointly appointed as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai has held a number of senior positions at Airwallex for close to five years, including as Chief Financial Officer and Greater China Chief Executive…
Malaysian EWA startup Paywatch raises $9M funding led by Third Prime
Malaysian earned wage access (EWA) service provider Paywatch has raised $9 million in a Pre-Series A funding round led by returning investor Third Prime. The round also saw participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois…
India’s Accacia raises $2.5M Seed round led by Accel and B Capital
Accacia, an India-based decarbonisation platform focused on the real estate and infrastructure sectors, has closed $2.5 million in seed funding led by Accel and B Capital. Blume Ventures, Good Capital, Zerodha’s Rainmatter Fund and Canada-based Loyal VC, along with several leading angels, also participated in the round.
SGX-listed Silverlake Axis partners Siam Commercial Bank for micro-lending solutions
Singapore listed enterprise technology, software and services company Silverlake Axis Ltd (SAL) has on Tuesday announced its agreement with Siam Commercial Bank (SCB) - one of Thailand’s top five banks, to power SCB’s innovative strategy of building new propositions outside of the traditional bank.
