Asia

The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth

The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development…

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time…

World’s first metaverse music label 0x0 launches in Taiwan

With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of…

Singapore’s Oddle raises $5M in Pre-Series B funding

Oddle, an omnichannel food and beverage (F&B) technology company headquartered in Singapore, announced on Wednesday the closing of a $5 million funding. The financing was led by…

Singapore skyline SGX SPAC

Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

Japan's largest FinTech conglomerate SBI Holdings announced on Thursday that it has launched a digital innovation fund with a target fund size of $75 million. General Partners of…

Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B

Singapore-based venture capital firm Jungle Ventures has announced a $600 million close of its Fund IV with $450 million in the main fund and $150 million in additional managed…

Singapore’s Volopay partners with Visa to offer financial management solutions in Australia

Volopay, a Singapore-based corporate cards and payable management fintech firm backed by Y-Combinator, announced Thursday it has signed a partnership with Visa to be part of…

Japan’s chat commerce firm Zeals raises $38.77M funding led by JIC Venture Growth Investments

Zeals Co., Ltd. (Zeals), a Japan-based Chat Commerce provider, announced Thursday that it has raised a total of ¥5 billion ($38.77 million) in funding. JIC Venture Growth…

Singapore’s GIC leads $170M Series F financing in US blockchain data platform Chainalysis

Chainalysis, a United States-based blockchain data platform, announced Thursday a $170 million Series F financing led by GIC, Singapore's sovereign wealth fund, bringing its…

India’s Ather Energy raises $128M Series E round led by Strategic Opportunities Fund and Hero Moto

Ather Energy, an India-based electric two-wheeler company, announced Thursday the completion of its Series E round of funding with signing of investment agreements amounting to…