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Singapore insurtech provider Cyber Sierra raises $4.3M seed fund led by Leo Capital
Cyber Sierra announced Tuesday the completion of a $4.3 million seed round of financing led by Leo Capital, with participation from AppWorks, Credit Saison, as well as angel investors including prominent founders and leaders in the cloud and insurance sectors.With this round of financing, It plans to launch and grow its business offerings to include more…
Animoca Brands, Brinc launch new $30M Guild Accelerator Program
Animoca Brands has partnered with Brinc to launch the Guild Accelerator Program to build and grow the play-to-earn (P2E) guild ecosystem globally. The new acceleration program offers a total investment capital of up to $30 million over two years.The Guild Accelerator Program aims to enable millions of people around the world to generate income by…
India bans 54 Chinese apps on ‘security concerns’ – report
Since June 2020, the Indian government has banned around 224 Chinese apps.
Indonesia’s AC Ventures appoints venture capital veteran Helen Wong as Senior Advisor and Venture Partner
Indonesian venture capital firm AC Ventures announced Monday that venture capital veteran Helen Wong has joined as the fund Senior Advisor and Full-Time Venture Partner.
Hong Kong fashion NFT platform BNV raises $4M Series A funding led by Animoca Brands
Brand New Vision Ltd (BNV), the company behind BNV.ME, the platform taking fashion into Web3.0 through 3D Product Creation, non fungible token (NFT) sales, and Future Wearability, has successfully completed a $4 million Series A funding round led by Animoca Brands. This funding round also included a number of influential funds and individuals including…
Singaporean venture capital firm Altara Ventures closes $130M inaugural fund to invest in next generation tech founders
Altara Ventures announced Thursday the successful final closing of its inaugural fund, reaching a total of $130 million, with support from institutional funds, sovereign wealth funds, financial services institutions, publicly listed corporations and prominent family offices. The firm has made seven investments to date and will continue to actively deploy…
Crypto exchange Binance to invest $200M in Forbes
Binance will make a $200 million strategic investment in United States (US) media firm Forbes. The strategic investment will be through Binance’s assumption of subscription agreements representing $200 million of commitments in the $400 million private investment in public equity (PIPE) that was previously announced along with Forbes’ intention to go public…
Malaysia to announce digital bank license winners next month – report
Malaysia’s move to issue digital banking licenses comes at a time when regulators across Asia including Singapore, Hong Kong, and the Philippines are opening up the banking industry to digital players, encouraged by higher smartphone penetration and better internet connections.
