News
Vietnam’s VinFast to raise $4B for US manufacturing facility via banks
Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.
Local Wealthcare® platform Hugosave raises $4M
Singapore-based Wealthcare® and savings app Hugosave announced on Wednesday the successful completion of its $4 million pre-Series A funding round, bringing the total amount of funds raised to $10.5 million.
Animoca Brands raises over $75M to advance vision of open metaverse
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…
Vleppo, Tokel conduct digital procedure to make NFT rights legally enforceable in the real world
Web3 firms Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and non-fungible token (NFT) owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.
India’s MedTel Healthcare plans to raise $10M Series A funding
MedTel Healthcare, an India-based business to business (B2B) and business to business to consumer (B2B2C) connected care and remote patient monitoring platform, said Tuesday it is planning to raise around $10 million in Series A. Existing investors and leading venture capitals have already expressed interest in the series A fund raise.
SpaceChain completes EVM Blockchain testing in space, expands space applications for Blockchain customers
SpaceChain announced on Tuesday the completion of the testing of the space node it created for Velas Network AG, which is hosted on an LEO satellite and independent of terrestrial networks.
Singapore’s Cake DeFi stacks leadership bench, with experts from the corporate and traditional finance sectors
Cake DeFi, the fastest-growing Singapore-based Decentralised Finance (DeFi) platform announced on Tuesday key appointments to its leadership bench from the traditional finance and technology sectors.
Singapore’s Intellect extends series A funding to $20M led by Tiger Global
Intellect, a Singapore-headquartered mental health startup, announced Tuesday it has raised an additional $10 million in a Series A extension, led by Tiger Global, bringing Intellect to a Series A total of $20 million. This round was led by Tiger Global and joined by new investors including K3 Ventures, JAFCO Asia, Singtel Innov8, and PERSOL Holdings, with…
Indonesian proptech platform Tanaku raises $5.5M pre-seed funding led by East Ventures
Tanaku, an Indonesia based proptech startup, said Tuesday it has raised $5.5 million of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank, Tanaku. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current…
Good Food Institute Asia Pacific launches database for alt protein startups
The Good Food Institute Asia Pacific (GFI APAC) has launched a new “one-stop shop” database in collaboration with FoodInnovate —a joint initiative launched by Enterprise Singapore (EnterpriseSG) together with the Agency for Science, Technology and Research (A*STAR), Economic Development Board (EDB), IPI Singapore, JTC Corporation (JTC), and the Singapore…
