News

Vietnam’s VinFast exports the first batch of electric vehicles to United States

Vietnamese electric vehicle maker VinFast said Friday, it has exported its first batch of smart electric vehicles including 999 VF 8s to international markets. This batch was transported by the Silver Queen – a Panamanian charter ship – and is expected to arrive in a California port (USA) about 20 days after deporting from MPC Port in Haiphong, Vietnam.……

Singapore’s SC Capital Partners teams up ADIA to form Asia Pacific data center investment program

SC Capital Partners Pte Ltd, the Singapore-headquartered private equity real estate fund manager, has announced the formation of a data centre investment program with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). SC Capital Partners has secured commitments for the new mandate from ADIA, with the ability to scale up over time to $2…

India’s Kae Capital announces the final close of Fund III at $96M

Kae Capital, a venture capital firm in India, announced Friday that it has closed its Fund III, raising INR 767 Cr ($96 million).Some of the leading international institutional investors who have backed this fund are Old Mutual Wealth, Velo Partners, and Finext, whilesome of the Indian investors are HDFC Holdings and SIDBI.

Singapore Blockchain Innovation Program launches hackathon to accelerate blockchain adoption

S$80,000 in prizes for the nation's best hackers to bring their blockchain innovation to life.

EY and Microsoft expand alliance to help businesses achieve net-zero goals

The EY organization and Microsoft has on Friday announced a deepened strategic relationship to further develop environmental, social, and governance (ESG) data management offerings that support clients with achieving operational decarbonization and net-zero goals.

Binance Labs makes strategic investment in Belgium’s hardware wallet maker NGRAVE

Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment in and will be leading the upcoming Series A round of NGRAVE, a Belgium-based blockchain and digital asset security provider specialized in  user-friendly, maximum security solutions for crypto users, from creating keys to advanced key recovery.

South Korea’s Paycoin partners Singapore’s TripleA for global crypto payments

Paycoin, a crypto payments company based in South Korea, has kickstarted its expansion into the global crypto payments market through a partnership with Singapore-based crypto payment firm TripleA. Payprotocol AG, the issuer of Paycoin (PCI) has on Friday announced a memorandum of understanding (MOU) with TripleA, to collaborate on building a global crypto…

Binance to commit $1B for “Industry Recovery Initiative” for Web3

Binance, the world's largest cryptocurrency exchange, on Thursday announced the launch of a recovery initiative for the crypto industry, through which the exchange and other participants will evaluate investment opportunities in companies and projects that are facing significant short-term difficulties.

Vietnamese audio content platform Fonos raises $1.8M Pre-Series A round to expand into podcasting

Fonos, a Vietnamese audio content startup, said Thursday it has raised $1.8 million in Pre-Series A funding led by US media and technology VC North Base Media. The round also saw participation from returning and new investors, including AngelCentral, Vietcetera’s Vietnam Innovators Fund, and Orvel Ventures.

The Sandbox opens new virtual neighborhoods themed around 14 major brand partners with three LAND sales 

The Sandbox, a Hong Kong-based decentralized metaverse and a subsidiary of Animoca Brands, has on Tuesday announced the sale of over 1,900 LAND parcels, where future LAND owners will truly own and be neighbors with a selection of 14 brands and celebrities, starting November 24.