News
India’s Detect Technologies raises $28M Series B funding led by Prosus Ventures
Detect Technologies, an artificial intelligence (AI)-based software as a service (SaaS) enterprise in India, announced Thursday that it has raised $28 million in primary and secondary funding. Prosus Ventures led this round with significant participation from existing investors Accel and Elevation Capital, and continued support from other existing…
Johnson & Johnson VisionCare and A*STAR’s new eye health digital innovation Consortium harnesses the power of data to empower better eye health in APAC
Johnson & Johnson Vision, a global leader in eye health and part of Johnson & Johnson MedTech, has signed a Memorandum of Understanding (MoU) with the Agency for Science, Technology and Research (A*STAR) to jointly establish an Eye Health Digital Innovation Consortium.
Malaysia’s Carsome appoints football legend & icon Eric Cantona as brand ambassador
Malaysia-based integrated car e-commerce platform Carsome, announced Thursday the appointment of football legend, Eric Cantona, as its brand ambassador. In his capacity as ambassador to the brand, Cantona will take an active involvement in Carsome’s upcoming promotional activities this year as well as group-wide advertising campaigns in Malaysia, Indonesia…
Singapore’s Temasek warns of cautious outlook, expects to slow down investment
The state-owned investor has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia.
Ex-Grab Founding member raises Seed Round for leading D2C brand aggregator Tjufoo
Tjufoo announced on Wednesday that it has raised seed funding by TNB Aura, a Singapore-based thesis-led, high conviction venture capital firm investing across Southeast Asian companies that are primed for the future and ready to change the very face of their categories.
Vietnam’s VinFast to raise $4B for US manufacturing facility via banks
Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.
Local Wealthcare® platform Hugosave raises $4M
Singapore-based Wealthcare® and savings app Hugosave announced on Wednesday the successful completion of its $4 million pre-Series A funding round, bringing the total amount of funds raised to $10.5 million.
Animoca Brands raises over $75M to advance vision of open metaverse
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…
Vleppo, Tokel conduct digital procedure to make NFT rights legally enforceable in the real world
Web3 firms Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and non-fungible token (NFT) owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.
India’s MedTel Healthcare plans to raise $10M Series A funding
MedTel Healthcare, an India-based business to business (B2B) and business to business to consumer (B2B2C) connected care and remote patient monitoring platform, said Tuesday it is planning to raise around $10 million in Series A. Existing investors and leading venture capitals have already expressed interest in the series A fund raise.
