On location
Vietnamese blockchain gaming guild Ancient8 raises $4M seed fund from Dragonfly, Pantera, and Hashed
Ancient8 announced the completion of a $4 million round of seed financing led by Dragonfly Capital, Pantera Capital, and Hashed. The round also saw the participation from strategic backers including Mechanism Capital, Coinbase Ventures, Alameda Research, 3Twelve Capital, Coin98 Ventures, Kyros Ventures, Raydium, Jump Capital, GuildFi, Impossible Finance,…
Malaysian edtech startup GuruLab raises $1M seed round to enhance its proprietary analytics platform and expand its offerings
GuruLab has closed a $1 million seed round. It intends to use the funds to enhance its proprietary analytics platform and expand its offerings within Malaysia’s education ecosystem.
Indonesian used car platform Moladin raises $42M in Series A funding led by Sequoia Capital India and Northstar Group
Moladin has raised a $42 million Series A investment round led by Sequoia Capital India and Northstar Group. The investment, which is one of Southeast Asia’s largest Series A funding rounds, will allow Moladin to solidify its position as Indonesia’s leading used car platform. The round also includes participation from East Ventures, Global Founders Capital,…
Malaysian content aggregator Newswav raises $1.43M in new Series A funding led by OSK Ventures to drive content, user growth
Newswav has raised RM6 million in its latest Series A funding led by OSK Ventures International Berhad (OSKVI) to further strengthen its market-leader position and drive user penetration in key market segments. As part of its expansion plans, part of its funds will be used towards user acquisition, strengthening their leadership in the content aggregation…
Singapore’s regulator issues guidelines to discourage cryptocurrency trading by general public
The Monetary Authority of Singapore (MAS) on Monday issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore.
Alpha JWC forecasts Indonesia will produce at least 10 more unicorns by 2025
Alpha JWC Ventures forecasts that Indonesia will produce at least 10 more unicorns by 2025. The VC firm saw four unicorns from its portfolio in 2021, with 14 companies valued between $500 million to $1 billion, buoyed by global investors’ interests and the strong performance of Indonesia’s tech sector. In the fourth quarter of last year, the VC firm also…
India’s Imagine Marketing acquires Singapore’s KaHa to boost wearable products
Imagine Marketing Private Limited announced Monday the acquisition of KaHa Pte Limited. The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/ iOS applications, new feature integration, social engagement and analytics, and lead the way by…
Vietnam’s Funtap launches $10M capital fund dedicated to blockchain-focused tech startups
Funtap's unit Funverse Capital has launched its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. In addition to capital funding ticket size of up to $1 million for each qualified project, Funverse Capital offers mentorship and accelerator programs which take…
Vietnamese social commerce platform Mio raises $8M in Series A funding led by Jungle Ventures
Mio has raised $8 million in Series A funding led by Jungle Ventures, Patamar Capital, and noted angel investor Oliver Jung. The round also saw participation from existing investors GGV, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram. This brings the total capital raised by the company since inception to $9.1 million. The company will use the fresh…
Ant-backed Indonesia’s Akulaku considers SPAC merger at $2B value – report
"Both parties have signed an exclusive relationship," a person familiar with the matter told TechNode Global.
