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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.