News

Blume Ventures announces first close of new opportunity cum continuity fund at $25M

Indian venture capital firm Blume Ventures has on Wednesday announced the first close of its new opportunity cum continuity fund, Fund 1Y. This is the firm’s third growth fund, and it has already raised INR 200Cr ($25 million) of the INR 400Cr ($50 million) target with visibility for the remaining corpus.

Swiss impact investor responsAbility raises $106M for climate-smart agriculture and food fund

Swiss impact investor responsAbility has raised $106 million for its climate-smart agriculture and food fund that will invest in Asia Pacific, Latin America and Africa.

Animoca Brands’ subsidiary Anichess completes oversubscribed $1.5M seed round

Anichess, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced the completion of an oversubscribed seed round that raised $1.5 million from investors including GameFiVentures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, Asymmetry Capital, and others.

Singapore’s Frontline Industrial Software raises $700,000 in seed round led by Cocoon Capital

Singapore-based deep tech firm Frontline Industrial Software (Frontline) has on Thursday announced that it has raised a $700,000 in seed round led by Cocoon Capital to revolutionize construction planning with its proprietary simulation and optimization software.

Singapore’s Integra Partners leads $7M funding round in Germany’s CleanHub

CleanHub, the Germany-based company that stopping plastic from entering oceans, has on Wednesday announced it has raised $7 million in funding led by Integra Partners and Lakestar.

Singapore-based climate-tech company Transitry secures $600,000 Pre-Seed funding

Transitry, a Singapore-based climate-tech company, has on Wednesday announced the successful completion of its Pre-Seed funding round, securing a total of $600,000. Prominent investors, including Info Edge Ventures, Plug & Play, Antler, and angel investors has contributed to the round.

Singapore’s dtcpay raises $16.5M in Pre-Series A funding round led by Kwee Liong Tek

Dtcpay, a Singapore-based digital payments platform, on Wednesday announced it has raised $16.5 million in a pre-Series A funding round. Singapore's conglomerate family business owners and Pontiac Land Group Chairman Kwee Liong Tek led this round.

India’s Digantara raises $10M is Series A1 funding led by Peak XV Partners and Kalaari Capital

Digantara, an India-based space situational awareness (SSA) company, announced Tuesday that it has raised $10 million in a Series A1 funding round to further develop its revolutionary Space-Mission Assurance Platform (Space-MAP).

Samsung Ventures invests in wearables sleep tech firm Earable Neuroscience

The United States and Vietnam-based wearables sleep tech firm Earable Neuroscience has announced the completion of the investment process in its bridge round by Samsung Ventures at an undisclosed amount.

Monetary Authority of Singapore proposes standards for digital money

The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger.