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Vietnam’s Trusting Social raises $65M Series C round from Sherpa

Vietnamese FinTech firm Trusting Social announced Thursday an investment of $65 million in the group from The Sherpa Company Limited (Sherpa), a subsidiary of Masan Group Corporation, for the initial close of its Series C round. It also announced a strategic collaboration between Trusting Social and Masan intends to develop an artificial intelligence…

Hong Kong’s Animoca Brands partners Germany’s OneFootball to bring football to blockchain

Animoca Brands, a Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday that it has partnered Germany-based football media platform OneFootball and United States-based venture capital firm Liberty City Ventures to set up OneFootball Labs, which will enable clubs, leagues, federations and players to…

Thai blockchain startup Athena Mentor launches mentor-to-earn platform

Athena Mentor (Athena), a Thai blockchain startup, on Wednesday introduced its core mentor-to-earn service with the key feature "wisdom mining", whereby a user can receive Athena Mentor tokens by contributing as a mentor or participating as a mentee.

Indonesian Bukalapak 1Q revenue surges 86 percent to $54.39M on higher Mitra Bukalapak contribution

Indonesian e-commerce firm Bukalapak said Thursday that its revenue for the first quarter of 2022 (1Q22) grew by 86 percent year on year to IDR788 billion ($54.39 million), underpinned by its Mitra Bukalapak’s growth.

Hong Kong SaaS firm Coherent raises $75M Series B led by Maverick Capital

Coherent, a Hong Kong-based no-code software-as-a-service (SaaS) provider, announced Wednesday it has closed a $75 million Series B funding round led by Maverick Capital, including Maverick Ventures, with participation from Owl Rock, a Blue Owl division, GreatPoint Ventures, and existing investors Cathay Innovation and Franklin Templeton.

Singapore’s The Parentinc acquires Vietnam women online community Webtretho

The Parentinc, a Singapore-based community platform for parents, announced Thursday the successful completion of acquisition of Webtretho, a Vietnam-based women and parenting community.

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Singapore Finbots.AI raises $3M from Accel in Series A round

Finbots.AI, a Singapore-based FinTech firm, announced Thursday it has raised $3 million in a Series A round from Accel. The funds will be used towards accelerating product enhancement, marketing and sales, and customer support besides recruiting of senior talent and team expansion across its offices.

Grab, NCS to pilot autonomous vehicle robot food delivery service in Singapore

Singapore-based super app Grab and technology services firm NCS, with the support of Sentosa Development Corporation, have teamed up to pilot an autonomous vehicle (AV) robot food delivery service designed to serve guests on Sentosa’s beaches and food and beverage (F&B) merchants along Siloso Beach.