News

Singapore’s logistics firm Locad raises $11M Series A funding led by Reefknot Investments

Singapore-based logistics firm Locad has on Monday announced it has raised an $11 million Series A funding round led by Reefknot Investments, a fund anchored by Temasek and logistics powerhouse Kuehne & Nagel.

SGInnovate launches national-level talent development strategy

SGInnovate, a deep tech ecosystem builder and investor backed by the Singapore government, has on last Friday launched Deep Tech Talent Central (DTTC), an integrated strategy for solving talent challenges across emerging tech sectors.

US’s MoviePass completes seed funding round led by Animoca Brands

MoviePass Inc., the technology platform enhancing the exploration of film and the moviegoing experience, announced Thursday it has raised its seed financing led by Animoca Brands. The round also saw participation from Claritas Capital, Emerald Plus, Gaingels, Harlem Capital, PKO VC and Sandhill Angels.

Thailand e-wallet provider TrueMoney enters Malaysia

TrueMoney, a fintech subsidiary of Thailand-based Ascend Money, has launched in Malaysia via partnership with Lotus’s Stores Malaysia Sdn Bhd (Lotus’s Malaysia) on Thursday.

India’s ApnaKlub raises $16M with new investors

ApnaKlub, an India-based business to business (B2B) wholesale platform for fast moving consumer goods, has on Thursday announced that it has raised a total of $16 million. The firm has raised an additional funding of $6 million from TrueScale Capital and ICMG Partners with participation from existing investors Flourish Ventures, Sequoia India’s Surge, Blume…

Animoca Brands Japan invests in Psychic VR Lab

Animoca Brands K.K. (Animoca Brands Japan), a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), has on Friday announced that it made a strategic investment of JP¥100 million ($774,230) into Psychic VR Lab’s JP¥1 billion ($7.74 million) fundraising round in December 2022.

Malaysia’s Carsome bolsters Indonesian operations via Electrum partnership and Nusantara expansion

Malaysia-based integrated car e-commerce platform Carsome is bolstering its Indonesian operations via partnership with Indonesian electric vehicle (EV) firm Electrum and has committed to investing in expanding its business in the nation’s planned Nusantara capital. 

MYStartup partners DNB to solve corporate problems through MYStartup Hackathon 2022

MYStartup, a Malaysian government-owned platform powered by Cradle Fund Sdn Bhd. (Cradle), has collaborated with Digital Nasional Berhad (DNB) to launch a hackathon (MYStartup Hackathon 2022) targeted at solving DNB's key corporate challenges.

The Straits Trading Company lists tokenised corporate bond backed by real estate on SDAX

SDAX, a regulated investment and trading platform providing multi asset securities and fund units, has listed a tokenised note from Straits Trading GG Pte Ltd (STGG) in its exchange.