News
Singtel partners Intel to launch 5G multi-access edge compute incubator
Singtel on last Friday announced its collaboration with Intel to establish a 5G Multi-access Edge Compute (MEC) incubator that will enable enterprises to adopt 5G seamlessly, deploy applications that need low latency processing at the edge, drive innovation and accelerate their digital transformation.
Indonesia’s UENA raises seed funding led by East Ventures
UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation from IDN Media and several angel investors.
Singapore’s Temus makes first acquisition with Dreamcloud
Temus, a Temasek-backed Singaporean digital transformation firm, announced Thursday the completion of its first acquisition, Dreamcloud, a home-grown Singapore-headquartered system integrator.
Singapore’s DBS partners with Hong Kong’s The Sandbox to launch ‘DBS BetterWorld’
DBS, a Singapore-based financial services group, announced Friday a partnership with The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, to create DBS BetterWorld, an interactive metaverse experience showcasing the importance of building a better, more sustainable world, and inviting others to come…
Singapore’s Ninja Van invests $50M to automate parcel processing capabilities across Southeast Asia
Ninja Van Group, a Singapore-based tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance its parcel processing capabilities across its key parcel sorting hubs.
MetaWeb Ventures raises $30M for builder focused blockchain fund
MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced Thursday the launch of its first fund (Fund I), with total capital commitments of $30 million.
Animoca Brands raises $110M funding led by Temasek, Boyu Capital, GGV Capital
Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for the open metaverse, announced Thursday that it has closed a strategic funding round for $110 million led by Temasek, Boyu Capital, GGV Capital.
Pos Malaysia launches Malaysia’s first NFT stamp
Pos Malaysia Berhad, a postal delivery service provider in Malaysia, has on Thursday issued its first Non-Fungible Token (NFT) stamps for collectors. It is the second postal service provider in Southeast Asia to produce NFT stamps after Thailand and joins the global postal fraternity of other countries with similar initiatives such as Austria, Switzerland,…
Singapore’s VerifyVASP raises $5M led by FTX Ventures at $100M valuation
VerifyVASP, a Singapore-based compliance startup, has concluded its Series A investment led by FTX Ventures at $100 million valuation. FTX Ventures, together with Peak Capital and Bcharu, have invested $5 million into the company to cement its position as the Travel Rule solution trusted by reputable digital asset businesses.
South Korea’s ITSBLOC raises $7.5M to build a brand-new Web 3.0 game platform
ITSBLOC, a South Korea-based web 3.0 game platform, announced Wednesday that it successfully closed $7.5 million in an investment round. In particular, in institutional investment round, a total of eight institutions including Vista Labs, Nexus one, Edimus Capital, Atlas Capital, Bull&Bear, and three other institutions participated.
