News

Immutable has secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also joined the round as new investors. King River…

Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…

Binance on Monday announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity's on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions.

Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…

NCS, the information technology (IT) and communications engineering arm of Singtel, announced Monday it has acquired Australia’s largest privately-owned IT services company The Dialog Group (Dialog) for A$325 million ($241 million). The acquisition of Dialog is geared to unlock new growth opportunities in the Australian market and accelerate NCS’…

Transport Capital has launched its new venture capital arm named TC Ventures. TC Ventures will focus on startups offering compelling solutions for transportation’s two mega challenges: decarbonisation and digitalisation. It not only provides capital but makes a deep understanding of - and contact network in - maritime and aviation available to its investee…

Thai venture capital firm ORZON Ventures on Friday announced its investments in five fast-growing startups in Thailand and Southeast Asia (SEA) region, namely Pomelo, Carsome, Freshket, GoWabi and Protomate.

Docsumo has raised $3.5 million in seed capital led by Common Ocean. The round also saw the participation from Fifth Wall, Arbor Realty Trust, and existing investor Better Capital. The startup plans to utilize the fresh funds to expand its client base in the North American market and grow the team.

BigPay announced Thursday the launch of its fully digital loans as part of the wider suite of financial services offerings. This makes BigPay the first product to have a full digital personal lending product as part of its offering in Malaysia.

Umami Meats has secured pre-seed funding of $2.4 million.The pre-seed funding round was co-led by Better Bite Ventures and Genedant. Further participants in the round include CULT Food Science, Impact Venture, Katapult Ocean, Plug and Play Ventures, Prithvi Ventures, The Yield Lab Asia Pacific, and Venture for America.