News

BEYOND EXPO 2022 makes history as the largest tech conference in the metaverse

BEYOND Expo continues to strive for excellence as the international exhibition platform that provides an immersive experience to participants. We look forward to seeing you again at the BEYOND Expo 2023 in Macao.

India’s Drivetrain raises $15M from Elevation Capital, Jungle Ventures, and Venture Highway

Drivetrain AI, Inc., an India-based financial planning, monitoring and decision-making platform, announced Wednesday that it has raised $15 million in funding from Elevation Capital, Jungle Ventures, and Venture Highway.

VinFast announces its headquarters in Germany, France & The Netherlands

Along with establishing its headquarters in France, Germany, and the Netherlands, as well as developing an extensive retail and service network, VinFast continues to seek a suitable location for a European manufacturing facility.

Wise Singapore doubles headcount in 2022, to hit over 400 employees by year end

Wise, the global tech company building the best way to move money around the world, announced Wednesday it is bolstering its Asia ambitions, with the company on track to hit over 400 employees in Singapore by the end of 2022, doubling its team here since the start of the year.

Indian live-commerce platform Shopr.TV raises $1.7M seed capital from BEENEXT, Y-Combinator and others

Shopr.TV, an India-based live-commerce platform, announced that Tuesday it has raised $1.7 million seed capital from reputed global institutional investors, including BEENEXT, Y-Combinator, Locus Ventures, Shiprocket, Goodwater Capital, and more.

AWS to launch infrastructure region in Thailand with $5B investment in the next 15 year

Amazon Web Services (AWS), an Amazon.com, Inc. company, announced on Monday it plans to open an infrastructure region in Thailand. As part of its commitment to the region, AWS plans an estimated investment of more than $5 billion in Thailand over 15 years.

Singapore’s SixSense raises $2.6M Series A funding led by Tin Men Capital

SixSense, a Singapore-based artificial intelligence (AI)-powered industrial visual inspection platform for smarter manufacturing, announced Tuesday it has secured its Series A funding of $2.6million. The round was led by Tin Men Capital, a Singapore-based venture capital firm focused on business to business (B2B) tech startups in South-East Asia.

Singapore’s Partipost raises $7M led by iGlobe Partners

Partipost, a Singapore-based crowd influencer marketing and commerce platform, announced Tuesday that it has secured an investment of over $7 million.The oversubscribed round is led by iGlobe Partners, with participation from Temasek’s Pavilion Capital, Taiwan Mobile, Cathay Venture, and Quest Ventures.

EVMOS StayKing House protocol wins Evmos Momentum Hackathon grand prize

EVMOS StayKing House, a decentralized finance protocol developed by engineers from Sooho.io, the South Korea-based DeFi infrastructure service provider, won the Grand Champion award of $80,000 worth of USDC and EVMOS at Evmos’ inaugural Momentum Hackathon.

EY: Global IPO market continues to plummet as we round out Q3; Indonesia’s most active Asean exchange YTD

Asean saw a total of 96 IPOs raising $3.8 billion, up 4 percent in deal numbers and a decline of 57 percent in proceeds YOY. The notable decline in proceeds was due to a lack of mega IPOs (IPOs with proceeds equal to or greater than $1 billion) in YTD 2022.