On location

Pilon, a Singapore-based FinTech firm that offers cloud-based supply chain financing system, has on Friday announced that it has successfully raised a seed round of $5.2 million led by Wavemaker Partners. The round also saw participation from Octava Pte Ltd and Polaris Kin Pte Ltd.

Capital Square Partners (CSP) and Basil Technology Partners (BTP) (collectively the GP or the team), two Singapore-based private equity firms, announced Thursday a new partnership and the successful close of a about $700 million fund (CSP Fund II).

B Capital, a global multi-stage investment firm, has on Thursday announced the close of its third venture growth fund and related companion funds (together, Growth Fund III), with aggregate capital commitments of approximately $2.1 billion.

Hong Kong-based PCCW and HKT (PCCW/HKT) have announced the launch of PCCW-HKT Futurera, a virtual world in The Sandbox metaverse, introducing over 20 missions for players, such as games based on popular ViuTV show "Be ON Game", and serving as Hong Kong's first metaverse staff recruitment to explore Web3.0 talent through gamification.

MYStartup, a Malaysian government initiative powered by Cradle Fund Sdn Bhd. (Cradle), in partnership with Digital Nasional Berhad (DNB), has on Wednesday announced the winners for the recently concluded MYStartup Hackathon 2022.

GOOD Meat, the cultivated meat division of food technology company Eat Just, Inc., has on Wednesday announced that it has been given a new, first-in-the-world regulatory approval by the Singapore Food Agency (SFA) for the use of serum-free media for the production of cultivated meat.

Neopets Metaverse has on Thursday announced the successful closing of its latest investment round, where it raised $4 million in funding. This round saw participation from industry leaders in the gaming and blockchain sectors, including Polygon Ventures, Blizzard Avalanche Ecosystem Fund, Hashkey Capital, IDG Capital, and gaming giant, NetDragon Websoft.

500 Global, a global venture capital firm, hosted Demo Day on January 18 in collaboration with the Philippines’ corporate venture builder 917Ventures, marking the culmination of a ten-week virtual accelerator program designed to scale ten 917Ventures portfolio companies.

Touch ‘n Go Group, via the Touch ‘n Go eWallet, has formed a strategic partnership with Visa, the world’s leader in digital payments, to launch the first corporate social responsibility (CSR)-linked Visa prepaid card in Malaysia.

Mayani, a Philippine-based agri-fisheries startup, has secured $1.7 million in oversubscribed seed funding anchored by the Silicon Valley agtech venture capital (VC) AgFunder through its GROW Impact Fund.