News

Singapore’s Blockchain Founders Fund announces final close of its $75M fund

Singapore-based Blockchain Founders Fund (BFF) has on Monday announced the final close of its Fund II at $75 million. The funding saw participation from key investors, family offices and institutions in the industry including Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien Borget (Chief Operating Officer of The Sandbox), GSR, LD…

Mitsui & Co. invests in U.S. based healthcare technology company Koios Medical

Mitsui & Co., Ltd. has participated as a lead investor in a Series B round financing of Koios Medical, Inc. (Koios), a U.S.-based healthcare technology and digital medicine company.

SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report

Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.

Tencent sets up team to develop ChatGPT-like chatbot – report

Chinese tech giants such as Baidu and Alibaba Group have already announced plans to launch their own AI chatbots and incorporate the technology into their core businesses.

Japan’s Astroscale raises $76M G round funding from new investors

Astroscale Holdings Inc., the Japan-based firm in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than $76 million in funding. The investment were come from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.

XAG partners Chia Tai to launch autonomous agricultural drones in Thailand

XAG, a China-based smart agriculture technology firm, has teamed up with FarmInno (Thailand) by Chia Tai Group, a Thailand-based innovative agricultural company, to introduce fully autonomous agricultural drones in Thailand.

Axonect Enterprise Enabler powers Axiata’s first metaverse concert in Sri Lanka and Indonesia

Axiata Digital Labs (ADL), a telco-focused software and solutions provider, has on Monday announced its Axonect Enterprise Enabler delivered Axiata Group's first-ever immersive music concert: MetaStage powered by Dialog Futureverse, designed in association with GSMA Open Gateway APIs.

Grayscale Ventures announces the first close of its DevInfra focused micro-fund

Singapore-based venture capital firm Grayscale Ventures has on Monday announced the first close of their DevInfra and software as a service (SaaS) focused Pre-Seed fund.

HashKey gets approval to conduct off-platform virtual asset trading (OTC) in Hong Kong

HashKey Group, a Hong Kong-based digital asset financial services provider in Asia, has announced that it has obtained approval from the Securities and Futures Commission of Hong Kong (SFC) to carry on an off-platform virtual asset trading business out of (OTC) for Hash Blockchain Limited (HBL).

Malaysia’s Aerodyne makes strategic investment in Aiviewgroup in Italy

Aerodyne Group, the Malaysia-based drone solutions provider, announced Monday that it has entered the Italian market through a strategic investment in Aiviewgroup, the drone service provider in Italy, based in Rome.