News

COLABS has raised $3 million in a seed round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. The round was also joined by Shorooq Partners, Kinnow Capital, Muir Capital, Sai Ventures, and some key angels, including Turner Novak, William Hockey, and Teddy Himler.With this investment, COLABS aims to knit together a community of 100,000…

Nalagenetics announced Friday the closing of a $12.6 million Series A round of financing co-led by Intudo Ventures and Vulcan Capital. The round also saw participation from strategic investors, including Singapore-based Diagnostics Development Hub (DxD Hub) through the Agency for Science, Technology and Research’s (A*STAR) A*ccelerate Technologies Pte Ltd,…

PrePO has closed a $2.1 million strategic round led by Republic Capital and IOSG Ventures, turbocharging its mission to democratize pre-public investing. Other participants in the round including MEXC, AscendEX, GCR, Shima Capital, Caballeros Capital, Dexterity Capital, HoneyDAO, NeptuneDAO; Founders from Gnosis, 1inch, Moonbeam, Zapper, Gelato, BarnBridge,…

Krafton, Inc. announced Thursday the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services. Through this agreement, Krafton and Solana Labs are poised to build a long-term cooperative relationship for the development and operation of blockchain- and non-fungible token (NFT)-based games…

2C2P and ShopeePay announced Wednesday a new partnership to increase access to digital payments for consumers and merchants by enabling ShopeePay as a payment option to 2C2P’s extensive merchant network across five markets in Southeast Asia. The move will enhance connectivity to the digital economy, a key driver of regional economic development. With…

The Securities Commission Malaysia (SC) announced Wednesday that it has registered two initial exchange offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd, to promote responsible innovation in the digital assets space. The registered IEO operators will provide an alternative avenue for eligible companies to raise funds via the…

Indonesia is one of the world top-10 markets by the number of users for social media firms including Youtube, TikTok, Facebook, Twitter, Instagram and Whatsapp. Indonesia is also the world's fourth most populous country.

iPrice Group, Malaysia-based price comparison platform, announced Wednesday that it has raised $5 million of additional funding led by Japan-based firms Itochu Corporation and the KDDI Open Innovation Fund III (operated by Global Brain Corporation). The additional funding will bolster iPrice’s role in finding shoppers the best deals as Southeast Asia’s…

DELOS has raised $8 million in seed extension financing co-led by Centauri and Alpha JWC Ventures. The round was joined by existing investors, Number Capital, Arise, iSeed SEA, Irvan Kolonas, as well as Alto Partners Multi-Family Office, Mahanusa Capital, Kopi Kenangan Founder James Prananto, and a number of strategic follow-on investors, The company plans…

Omnipresent has raised $120 million in its Series B funding round, led by Kinnevik, and Tencent. The amount includes a pre-Series B round in the second half of 2021 and follows seed and Series A rounds in April 2020 and December 2020. Uncorrelated Ventures, a San Francisco-based investor, also participated the round, rounding out an investor list from Asia,…