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KoinWorks has raised $108 million Series C funding round led by MDI Ventures, Previous equity investors such as Quona Capital, Triodos Investment Management, Saison Capital, ACV and East Ventures also participated in the round. The funding, which consists of $43 million in equity and $65 million in debt capital, will be used to scale KoinWorks’ solutions…

Wootag has raised $1.7 million in bridge funding led by Cornerstone Venture Partners Fund (CSVP), with further backing from existing investors Wavemaker and SEEDS Capital. This investment fuels Wootag’s expansion plan to scale in Asia Pacific markets and enhance artificial intelligence (AI) capabilities for in-video interactivity and audience engagement…

eFishery has successfully closed $90 million in its Series C round. This round of investment was co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India, with participation from existing investors including the Northstar Group, Go-Ventures, Aqua-Spark, and Wavemaker Partners. The funds raised will be used to scale up its platform and to…

Aerodyne Group has inked a strategic partnership with Norway’s Astralution to offer drone-as-a-service (DaaS) and software-as-a-service (SaaS) solutions in the Scandinavian region. With Astralution’s extensive background in aviation and crisis management in oil and gas, this partnership will bring long-term value to clients by providing tailored unmanned…

MeMed announced Monday a $93 million private financing round, bringing total funding in the company to over $200 million, including support from the U.S. Department of Defense and EU Commission. The funds will be used to scale up manufacturing, accelerate commercialization and expand MeMed’s pioneering host immune response product portfolio, The latest…

The key success factors of corporate innovation are -- Process, Structure, and Culture. First, process needs to be optimized. Second, enable a structure to facilitate agile resources and empowerment. And third, cultivate culture to embrace change and nurture unorthodox thinking.

AirAsia has secured its Certificate of Approval (COA) from the Civil Aviation Authority of Malaysia (CAAM), to conduct remote drone pilot training. With the approval, AirAsia has become first in Malaysia to provide industry support with quality remote pilot training.

Carsome Group announced the completion of its $290 million Series E round, increasing the company’s valuation to approximately $1.7 billion. The latest financing round was jointly led by Qatar Investment Authority, 65 Equity Partners and Seatown Private Capital Master Fund. The round also saw strong participation from investors such as Mediatek, Sunway,…

Dunzo has raised $240 million in its latest round of funding led by Reliance Retail Ventures Limited. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also joined the round. The capital will be used to further Dunzo’s vision to be the largest quick commerce business in the country, enabling instant delivery of essentials from a network…

A transaction could value the combined entity at as much as $1.5 billion.