News
South Korea’s DoubleMe lands $25M Series A funding co-led by Coentry Investment and NH Investment
South Korea-based real-world metaverse startup DoubleMe said Wednesday it has raised $25 million in a Series A funding co-led by Coentry Investment and NH Investment with a strategic investment from Samsung Electronics.
Indonesian alt-protein startup OFF FOODS raises $1.7M seed round led by Alpha JWC Ventures
Indonesian-based food tech startup OFF FOODS announced Tuesday its $1.7 million seed funding round led by Alpha JWC Ventures and participated by Global Founders Capital (GFC) and other strategic investors including Creative Gorilla Capital, Lemonilo, and United Family Capital (UFC). With this fresh seed capital, OFF FOODS plans to invest in its research and…
Singapore’s TechCreate and Diginius to merge and combine into an integrated FinTech enterprise
TechCreate Solutions Private Limited (TechCreate), a Singapore-based technology services group specialising in digital payment and digitalisation solutions, and Diginius Pte. Ltd. (Diginius), a provider for information technology (IT) security and infrastructure solutions, on Tuesday announced a merger between both companies via a share swap transaction…
Singapore FinTech platform Recur Club raises $30M seed round led by InfoEdge Ventures and Village Global
Recur Club, a Singapore-based FinTech platform facilitating non-dilutive growth capital for companies with recurring revenues, said Tuesday it has closed its $30 million seed funding round, as a combination of equity and debt allocation. The funding round was led by InfoEdge Ventures and Village Global, with financing for the platform from marquee…
Aura FAT Projects Acquisition Corp closes $115M SPAC IPO on Nasdaq
Aura FAT Projects Acquisition Corp,a special purpose acquisition company (SPAC) focused on funding emerging technology start-ups with an acute growth potential in Southeast Asia and Australasia, announced Tuesday the successful close of its initial public offering (IPO) of $115 million.
Singapore FinTech startup Doxa secures $2M in pre-series A round
Doxa Holdings International Pte. Ltd. (Doxa), a Singapore-based fintech startup, said Monday it has successfully concluded its S$3 million ($2.21 million) pre-series A funding round from financial institutions including venture capitals, public listed and logistics corporations. Doxa plans to use the incoming funds to accelerate its traction in the built…
Hong Kong’s Animoca Brands set to acquire Australian digital marketing agency Be Media
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Tuesday it will acquire Australian digital marketing agency Be Media to focus on key opportunities in Australia centered around blockchain development.
Singapore’s Thunes takes majority stake in AML and compliance platform Tookitaki in $20M deal
Thunes, a Singapore-based global payments company, announced Tuesday that it has taken a majority stake in the Singapore-based anti-money laundering (AML) and compliance technology firm Tookitaki Holding Pte Ltd by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money…
Ant Group to become major shareholder of Singapore payment firm 2C2P
Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.
Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding
Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…
