News
Singapore gaming firm Refract secures over $6M funding led by Sea Limited
Refract has secured over $6 million to continue the development of its AXIS motion capture technology, following the creation of an extended reality (XR) game development division. The Series A funding round saw investment from a number of investors anchored by Sea Limited,
Malaysian perfume startup Scentses + Co receives seed investment from conglomerate MUI Bhd
Scentses + Co has announced a strategic partnership and a lead investment from Malayan United Industries Bhd (MUI) through its venture arm, Pan Malaysia Ventures Sdn Bhd under Pan Malaysia Corporation Bhd. By leveraging the strength and backing of the conglomerate, Scentses + Co is set to further catapult the company’s growth towards achieving an annualised…
Spain’s ClimateTrade closes $7.92 million pre-Series A, targets another $14.71 million to expand world’s first climate marketplace in new markets
ClimateTrade has raised €7 million ($7.92 million) in a Pre-Series A closed in Europe in late 2021, and is raising another €13 million ($14.71 million) in a US-focused round set to close upon ClimateTrade’s US reincorporation in the next five months. In total, the company is targeting €20 million ($22.63 million) of funding for international……
Malaysia launches Financial Sector Blueprint 2022-2026, advancing digitalization of the financial sector’s among the strategic thrusts
Advancing digitalization of the financial sector is among the five strategic thrusts stated in the Blueprint. Among the initiatives include future-proofing key digital infrastructures, supporting a vibrant digital financial services landscape, strengthening cyber security readiness and responsiveness, and supporting greater use of technology for regulation…
NFT game project Slime Royale receives strategic investment from Vietnamese game firm Appota Group
Slime Royale has announced a strategic investment and incubation support from Appota Group. The Appota Group's investment and companionship would help Slime Royale access Appota Group's ecosystem of more than 50 million users.Additionally, with their experience in game publishing, Appota Group will provide appropriate strategic advice to make Slime Royale…
Taiwan podcast firm SoundOn Global receives strategic investment From Taiwan Mobile
SoundOn Global has received a strategic investment from Taiwan’s telecommunications group Taiwan Mobile.
Indonesia’s Lumina is backed by Y-Combinator and Alpha JWC to build job community platform for the working class
Lumina announced Monday the company is now backed by Y Combinator (YC) and Alpha JWC Ventures. With the funding, Lumina plans to triple the size of its engineering team where the company aspires to build a world class team of mission-driven technologists.
Malaysian venture capital firm 1337 Ventures launches new $290,000 fund for Malaysian startups
1337 Ventures announced a new MYR1.2 million ($290,000) 1337 Accelerator Fund I to invest into promising early-stage Malaysian startups.The new fund is open to seed-stage startups across any industry, from fintech, edtech to healthtech,
Kakao-backed blockchain platform Klaytn inks five key partnerships for global expansion
Klaytn, a public blockchain platform developed by internet giant Kakao Corp, has signed five key partnership deals to pursue its global expansion plans.Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.
Malaysia B2B startup Dropee raises $7M Series A round led by Vynn Capital
Dropee has completed its $7 million Series A round comprising a combination of equity and debt investments from new and existing investors. The current financing round, led by returning investor Vynn Capital, welcomes new investors including HCL Capital, Resolution Ventures and LKF Capital.
