News

Singapore’s Bizbaz closes $4M seed funding led by HSBC Asset Management

Bizbaz, the next generation customer intelligence and risk assessment company headquartered in Singapore, announced Wednesday that it has closed its $4 million seed funding round led by HSBC Asset Management (HSBC AM).

Singapore’s Carro launches assurance certification for used cars

Singapore-based used car marketplace Carro, has launched Carro Certified, a technology-backed stamp of assurance certification for their used cars across all key markets, including Singapore, Indonesia, Malaysia, Thailand and Taiwan.

Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally

Aiello Inc.(Aiello), a Taiwan-based natural language processing (NLP) and voice artificial intelligence (AI) startup, announced Tuesday it has raised $5.8 million in a Series Pre-A+ funding round led by two major institutional investors, JAFCO Asia and Wistron Corporation.

US’s Anchorage Digital expands in Asia with five new institutional partners

United States-based crypto platform Anchorage Digital announced on Wednesday its expansion to Asia, with notable institutional partners including Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha, which have selected Anchorage Digital custody and bespoke offerings to safely participate in digital assets.

Thai media giant T&B Media Global enters metaverse with $300M hybrid equity-NFT raise led by Sygnum

Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services (CMS) licence, announces it is partnering Thai media and entertainment group T&B Media Global to raise over $300 million to fund its new interconnected metaverse platform.

Singapore’s ADVANCE.AI partners Visa to strengthen credit decisioning for unbanked and underbanked in Southeast Asia

ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company in Asia, is partnering with Visa to strengthen better credit decisioning to help unbanked and underbanked segments get access to credit across Southeast Asia.

SEA’s top 10 e-commerce platforms web traffic rises 64% between Q3 2019 & Q2 2022

Web traffic for Southeast Asia (SEA)’s top 10 e-commerce platforms increased by a notable 64 percent between the third quarter of 2019 and second quarter of 2022, a report showed Tuesday. According to iPrice’s Map of E-commerce first half report, during this period, Singapore-based Shopee consolidated its position as the leading regional e-commerce…

Animoca Brands and Coincheck strengthen strategic partnership collaboration

Hong Kong-based blockchain gaming firm Animoca Brands Corporation Limited and Japan-based cryptocurrency exchange and non-fungible token marketplace Coincheck, Inc. have agreed to further strengthen their collaboration and promote a strategic partnership that has been continued and enhanced since 2020.

Indonesia’s Bioma raises pre-seed funding co-led by East Ventures and Init-6

Bioma, an Indonesia-based product-as-a-service startup that enables consumers to rent various types of physical assets, announced Tuesday the completion of an undisclosed amount of pre-seed funding round co-led by East Ventures and Init-6.

Thai EdTech firm Globish succeeds in closing $2.36M fundraising deal & progressing to Series A+

The more than 90-million-baht ($2.36 million) investment will accelerate Globish for international markets and expansion to ASEAN following the company’s business in Vietnam. There are huge potentials for Thailand to achieve regional leadership in EdTech. In the contemporary labor market, language is a crucial skill and always the first to be upskilled and…