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Singapore’s HeadsUp secures $8.5M seed fund led by 645 Ventures

HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS) venture capitals, as well as operators at fast-growing SaaS companies.

US’s Wasabi Technologies closes $250M new funding

Wasabi Technologies, a Japan-based hot cloud storage company, announced Wednesday it has achieved unicorn status following $250 million in new funding. The firm has raised $125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors including Fidelity…

AXA Hong Kong partners with The Sandbox to become first insurer in Hong Kong to enter metaverse

The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, and AXA Hong Kong, a Hong Kong-based insurer, announced Wednesday that AXA will become the first insurer in Hong Kong to enter The Sandbox metaverse.

Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs

On Tuesday, 15 startups across nine verticals including manufacturing, SAAS, HealthTech, logisitcs, AgriTech, FoodTech, FinTech, EdTech and PropTech were chosen to pitch on the demo day.

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

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

AC Ventures partners CTO-as-a-service firm 8020cto to boost Southeast Asian tech teams

8020cto, a CTO-as-a-service company, has partnered with AC Ventures by committing to provide engineering leadership solutions for the firm’s portfolio companies.

X-PITCH 2022 Global TOP150 announced

150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries.

Malaysia’s Aerodyne secures $30M strategic investment bridging round led by Petronas

Malaysia-based drone service provider Aerodyne Group announced Monday that it had raised $30 million as part of its latest bridging round. Iits long-time client Petronas, via its corporate venture capital arm Petronas Ventures, has led the funding round.

Thailand’s LINE MAN Wongnai raises $265M Series B funding led by GIC and Line

LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan…

Malaysia’s Instapay Technologies raises $4.75M Series A funding led by Daiwa Securities-backed fund

Malaysia-based payments fintech firm Instapay Technologies Sdn Bhd, has raised $4.75 million Series A funding round, to fuel its growth in ASEAN and Middle East markets.