News

Animoca Brands acquires Israeli EdTech platform TinyTap for $38.88M

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday it has completed the acquisition of 80.45 percent of the issued capital of Israeli EdTech platform TinyTap Limited (TinyTap), for a consideration of $38.88 million in cash and shares.

Singapore’s GIC backs French sustainability rating firm EcoVadis in $500M funding round

EcoVadis, the French provider of globally trusted business sustainability ratings, said Tuesday it has raised $500 million with plans to accelerate its vision of influencing every business decision with sustainability intelligence, becoming a sustainability impact unicorn. The round brings EcoVadis’ total capital raised to over $725 million and was led by…

J&T Express partners Foodpanda to provide next-day deliveries in Singapore

Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…

US-Japan venture capital firm World Innovation Lab raises over $1B additional capital

United States and Japan-based venture capital firm World Innovation Lab (WiL) announced Tuesday that the firm has raised over $1 billion in additional capital. The capital will be deployed across multiple funds including WiL’s third growth fund, WiL Ventures III; WiL’s venture fund investments, WiL Strategic Partners funds; and corporate VC (CVC) funds.…

TripleA announces the close of its first funding round, led by Razer’s corporate venture arm zVentures

TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS). This allows the company to provide end-to-end cryptocurrency payment services for businesses in full compliance with global regulatory standards.

Bluesheets raises $4M as it builds automation infrastructure for businesses globally to better manage financial data and workflows

With the funding, Bluesheets looks to reach more businesses in international markets, expand the use cases of its software, and expand its global team across functions to achieve this further growth.

CoachHub raises $200M Series C, led by Sofina and SoftBank Vision Fund 2 to democratize coaching worldwide

The round will be used to further scale CoachHub’s product innovation and operations while accelerating the company’s global expansion.

Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants

Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.

Singapore’s True Global Ventures closes $146M follow on fund for Web3 startup

Singapore-based venture capital firm True Global Ventures (TGV) announced Thursday its first closure of its $146 million follow on fund to invest into late stage Web3 startups. The True Global Ventures 4 Plus (TGV4 Plus) follow on fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than $62 million…

Grab buys and relaunches food site HungryGoWhere

Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.