News
South Korea’s Neowiz and India’s Polygon launch Web3 game platform Intella X
Indian crypto firm Polygon is teaming up with South Korean gaming firm Neowiz Corporation to launch a brand new Web3 gaming platform Intella X, to bring some of Neowiz’s popular gaming IPs to Web3.Exercising the core principles of user ownership in Web3, Intella X is designed to distribute the shares of all generated revenue back to the contributors of the…
Indonesia’s Diri Care closes $4.3M seed funding co-led by East Ventures, Sequoia Capital India and Surge
Diri Care, an Indonesia-based consumer health technology startup, announced Thursday it has closed its oversubscribed seed round at $ 4.3 million, co-led by East Ventures and Sequoia Capital India and Southeast Asia’s Surge.The round also saw follow-on participation from prominent angel investor, Henry Hendrawan.
Hong Kong’s Insilico Medicine bags new investment led by Aramco-backed Prosperity7 Ventures
Insilico Medicine, a Hong Kong-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced Wednesday that it has completed a second closing of its Series D round, led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, bringing the total Series D financing to $95 million.
Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil
Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a new investment fund, in which both parties have committed…
CleverTap raises $105M in Series D funding round led by CDPQ
CleverTap, an India-founded business to business (B2B) software as a service (SaaS) platform for customer engagement and retention, announced Wednesday it has signed definitive agreements to raise $105 million in a Series D funding round led by CDPQ, a global investment group who committed $75 million in the funding.
Singapore’s Thunes expands into Saudi Arabia
Thunes, a Singapore-based cross-border payments company, announced Wednesday that it is accelerating the expansion of its services in the Middle East and North Africa (MENA) region, setting up an office in the Kingdom of Saudi Arabia, and appointing a new country head – Ahmad Yaacoub.
Ethis Group launches new Ethis Super Angel Syndicate
Ethical and Islamic investment, and social finance platform operator Ethis Group has on Tuesday re-launched the Ethis Super Angel (ESA), rebranding it as the ESA Syndicate this year. Initially started as a network within the Ethis community in 2020, ESA is a private group of angel investors from across the globe that invests in Shariah-compliant startups…
