On location
Quest Ventures and raiSE launch accelerator for socially impactful enterprises
Quest Ventures and the Singapore Centre for Social Enterprise (raiSE) said Tuesday they have launched Asia’s first venture capital-backed accelerator programme to provide financial and non-financial support to seed-stage start-ups in the sustainable impact sector, aimed at improving competencies and providing access to regional and global markets.
Philippines’ Voyager Innovations raises $210M at a valuation of $1.4 billion
Voyager Innovations (Voyager), a technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, said Monday it has raised $210 million in new funds, propelling its valuation to unicorn plus status at nearly $1.4 billion. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG.…
Hong Kong’s Animoca Brands acquires French racing game developer Eden Games
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday it has completed the acquisition of 100 percent of the issued capital of French racing game developer Eden Games S.A.S. from Engine Gaming & Media. Animoca Brands will leverage the expertise and capabilities of Eden Games to work…
Singapore’s TiTi Protocol secures $3.5M led by The Spartan Group to build the first use-to-earn algorithm stablecoin
TiTi Protocol, a Singapore-based multi-asset reserve stablecoin, on Tuesday announced a successful fundraising round of $3.5 million, led by The Spartan Group. The round also saw the participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as…
Indonesia tech giant GoTo shares close 13% up on market debut
GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.
Singapore’s ZA Tech invests in Indonesia first Sharia digital bank Aladin Bank
ZA Tech Global Limited (ZA Tech), a Singaporean technology venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to strengthening Aladin Bank’s ecosystem.
VinFast seeks financing from US government for expansion – report
The news came after VinFast announced recently that its Singapore-based holding company had filed for an initial public offering (IPO) with US securities regulators.
Singapore’s GIC leads US Grafana Labs $240M Series D investment round
Grafana Labs, the United States open source technology provider for dashboards and visualization, announced Wednesday a $240 million Series D round of investment led by GIC, Singapore’s sovereign wealth fund. GIC made its initial investment in Grafana Labs’ Series B round in 2020.
Applications now open in Malaysia for 5th cohort of EY startup incubator program
This year, the EY organization announced the continued expansion of the EY Foundry startup incubator program into Cambodia, Guam, Thailand and Vietnam.
