News

Mystifly closes $8M in Pre Series B funding to expand operations in Singapore

Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding.The funding was from Cornerstone Venture Partners (CSVP), along with earlier investments from RSI Fund I. LLC, a subsidiary of Recruit Co. Ltd., Jenfi and Crusade Partners.

Vemanti partners Finastra to build SME-focused neobank in Southeast Asia

United States-based fintech firm Vemanti Group has chosen United Kingdom-based financial software company Finastra to help build Southeast Asia’s first small and medium-sized enterprise-focused neobank.

The Sandbox partners Ledger Enterprise to secure enterprises in the metaverse

The Sandbox, a decentralized gaming virtual platform and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced a partnership with Ledger Enterprise, a division of France-based crypto-asset security firm Ledger.

VinFast to deliver electric SUVs in Vietnam; eyes overseas deliveries

Vietnamese carmaker VinFast said Thursday that it will begin delivering its new electric sport utility vehicles (SUVs) in Vietnam this week.

30N Ventures launches $50M fund to invest in top-tier founders in emerging markets’ fastest-growing economies

Chile-based venture capital (VC) firm 30N Ventures has announced the launch of its new $50 million venture capital fund, focused on investing in top-tier founders in the fastest-growing economies of emerging markets (EMs) in late seed and Series A.

Malaysia’s Blueshark launches initiative to accelerate electric motorcycles adoption and development

Malaysia-based electric vehicle (EV) tech mobility company Blueshark has announced a new program called Malaysia Electric Vehicle Empowerment (MyEVE) to accelerate the adoption and development of electric motorcycles in Malaysia.

Singapore’s Kredivo raises $270M in Series D equity round led by Mizuho Bank

Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, has on Thursday announced that it has raised $270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close.

Singapore’s ThoughtFull raises $4M in Pre-Series A round led by Temasek-owned Sheares Healthcare Group

ThoughtFull, a Singapore-based digital mental health company, announced Thursday that it has raised $4 million in an oversubscribed pre-series A funding round, led by Sheares Healthcare Group, a wholly-owned healthcare entity of global investment firm, Temasek.

Animoca Brands’ Torque Drift 2 partners with Konig to bring out interoperable NFTs across three titles

Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands and the creator of the popular Torque Motorsports series, has partnered with Konig to introduce the first-ever interoperable wheel non-fungible tokens (NFTs) to Torque Drift 2 and other games in the Torque Motorsport games franchise in the second half of this year.

Malaysia to launch initiative to put innovation into mainstream of digital economy – report

Rafizi said on Wednesday the initiative had been carried out with the cooperation between his ministry and the Ministry of Science, Technology and Innovation since two months ago.