News
FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup
Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service provider. Through this partnership, the two companies will begin full-scale collaboration, including the installation of LUUP ports at FamilyMart stores and joint marketing effort.
Indonesia’s Xendit makes strategic investment in Bank Sahabat Sampoerna
Xendit, an Indonesia-based financial technology company that provides payment solutions, said Thursday it has made a strategic investment in Bank Sahabat Sampoerna, an Indonesian private bank that focuses on micro, small and medium-sized enterprise (SME) businesses, as well as banking-as-a-service for technology-enabled businesses.
Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products
Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of Understanding (MOU) with Vietnam-based loyalty platform Society Pass to provide agri-food products from producers in Western Australia.
Animoca Brands partners Planet Hollywood to form joint venture for NFTs, themed metaverse and community
Hong Kong-based gaming firm Animoca Brands and United States-based entertainment firm Planet Hollywood Group announced Friday the MetaHollywood joint venture. The MetaHollywood will build the largest online community for movie lovers, studios, and creators to interact within a Hollywood-themed metaverse and marketplace for digital collectibles, moments,…
Gobi Partners and Ozora Venture launch first $10M seed fund for women startups in Indonesia
Venture capital (VC) firms Gobi Partners and Ozora Yatrapaktaja (PT Mega Ozora Venture) are partnering together to launch a $10 million seed fund for women start-ups in Indonesia, called the Ratu Nusa Fund. Focusing on health tech, e-commerce/social commerce, future of work/education, prop tech, enterprise/SME tech and fintech, the Ratu Nusa Fund will be…
Vietnam sustainability firm EQUO raises $1.3M seed funding led by NextGen Ventures
Vietnam-based sustainability company EQUO said Tuesday it has raised $1.3 million seed funding led by NextGen Ventures with participation from Techstars and East Ventures. Prominent angel investors Luke Vigeant of Shed Capital; Jeff Hohner of Tecumseh Capital; Jack Tai, Chief Executive Officer and Co-Founder of OneClass; Mark Groves, Founder of Create The…
Singapore’s Ordinary Folk raises $5M pre-series A round from Monk’s Hill Ventures
Ordinary Folk, a digital health technology startup based in Singapore, announced Thursday its Pre-Series A funding of $5 million by Monk's Hill Ventures. The funding will be used to accelerate hiring talent to build a differentiated CX in healthcare using tech, expand in new markets (Hong Kong and other Asian cities), while continuing to scale in Singapore.
Temasek’s Heliconia Capital invests in Crown Digital’s $3.7M Pre-Series A round
Crown Digital, the Singapore-based full-stack hardware and software tech start-up behind ELLA the robot barista, said Wednesday it has raised S5 million ($3.66 million) in a Pre-Series A round from Temasek Holdings’s Heliconia Capital Management, Momentum Ventures (SMRT), ParticleX, Leave a Nest, Gloca Link and M4ever.
Hong Kong’s FundPark secures $250M debt facility with Goldman Sachs as senior facility provider
FundPark, a Hong Kong-based eCommerce liquidity solution and technology provider, announced Wednesday the closing of an asset-backed securitization (ABS) facility of up to $250 million with Goldman Sachs as senior facility provider. Through this ABS facility, FundPark proprietary platform will serve to bridge the working capital finance needs of small to…
