News

True Digital Park announces strategic partnership with TechNode Global

True Digital Park officially announces its strategic partnership with TechNode Global. Through our partnership, we can open up more opportunities and interactions between the tech startups across Thailand, China, and Southeast Asia, as well as breakthrough innovations and technologies that will drive a positive impact on the startup ecosystem.

Taiwanese conversation management tool Cooby raises $2.9M to date led by Sequoia India’s Surge and Pear VC

Taiwan-based conversation management tool Cooby announced Tuesday that it has raised $2.9 million to date led by Sequoia India’s Surge and Pear VC.

Indian AgriTech start-up Otipy gets $32M in Series B funding round led by Westbridge Capital

Otipy has raised Rs235 crores ($32 million) in its Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round. These fresh funds have come in six months for Otipy, after its series A funding of Rs76 crores ($10.2 million). The funding will help the startup to further strengthen its supply chain,…

Singapore’s Mighty Jaxx nets $20M in Series A+ funding led by East Ventures

Mighty Jaxx announced Monday the first close of $20 million in its oversubscribed Series A+ funding round, pushing the company’s valuation to over $200 million. The funding round, fuelled by burgeoning interest in the phygital and metaverse future, was led by East Ventures (Growth Fund) and includes new strategic investor Mirana Ventures - the venture…

Wavemaker Partners closes fourth fund above goal at $136 million

Wavemaker Partners has closed its fourth fund at $136 million, making it the largest fund focused on early-stage (Seed/Pre-A) enterprise, deep tech, and sustainability startups in Southeast Asia. Surpassing its $120 million fundraising goal, Wavemaker's Fund 4 is 22 percent bigger than the previous fund ($111 million) that closed in October 2020. Fund 4…

Singapore voice AI start-up AI Rudder bags $50M in Series B funding to propel growth and international expansion

AI Rudder has closed a $50 million Series B funding round, bringing total funding in the last 12 months to $60 million. New investors Tiger Global, Coatue, Cathay Innovation, First Plus and VenturesLab participated and were joined by previous investors Sequoia Capital India and Huashan Capital. To power this next phase of growth, the company will use the…

Australian NFT platform Immutable secures $200M in Series C financing led by Temasek

Immutable has secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also joined the round as new investors. King River…

Singapore’s Insider unlocks unicorn status and announces $121M Series D with a $1.22B valuation

Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…

Binance launches payments technology company Bifinity

Binance on Monday announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity's on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions.

Malaysian finance platform Ethis Group launches Ethis Global platform for global expansion

Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…