On location
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…
India’s Vance raises $5.8M seed round led by Hummingbird Ventures
India-based neo-banking platform Vance has raised $5.8 million in a seed round led by Hummingbird Ventures. The round also saw participation from Global Founders Capital, YCombinator, Soma Capital and seasoned angels such as Alan Rutledge and Gokul Rajaram.
Singapore’s ShopBack extends oversubscribed Series F with $80M from 65 Equity Partners
Singapore-based shopping and rewards platform ShopBack announced Monday that it has entered into a subscription agreement with 65 Equity Partners for $80 million of equity capital in an extended Series F funding round.
Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India
Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India.
Alpha JWC partners Google and others for SEA founders upgrading program
Indonesia borne venture capital firm Alpha JWC Ventures (Alpha JWC) has announced strategic partnerships formed with Google Asia Pacific (APAC), integrated global communications agency The Hoffman Agency and regional content house Hepmil Creators Network as knowledge partners.