Asia

Singapore’s Farquhar VC & South Korea’s Twin Ventures join hands to strengthen cross-border startup ecosystem relations

Several MOUs and partnerships between South Korea and Singapore are inked at the Global Investment Capacity Building Program Demo Day.

Hong Kong’s FundPark crosses $3B in capital for underserved digital entrepreneurs

FundPark, a Hong Kong-based fintech firm, has announced it has surpassed $3 billion in total capital deployed to support underserved entrepreneurs and digital businesses.

Anichess partners Yield Guild Games to distribute Animoca Brands’ chess-based strategy game

Anichess, the progressive chess-based online strategy game from Animoca Brands, has partnered with Yield Guild Games (YGG) to distribute Animoca Brands’ chess-based strategy game in Southeast Asia.

Singapore and Hyundai Motor strengthen joint research in sustainable energy and manufacturing solutions

South Korean automaker Hyundai Motor Group has signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) to strengthen joint research in sustainable energy and manufacturing solutions.

Japan’s estie, inc. raises $20M in Series B led by Vertex Growth & DBJ

The latest round was led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of global investment company Temasek, and Development Bank of Japan (DBJ).

Hyundai and Waymo team up for autonomous car technology

South Korean automaker Hyundai Motor Company and US autonomous driving technology firm Waymo announced they have entered into a multi-year, strategic partnership.

Climate Investment Funds eyes $1B decarbonization investment

The Climate Investment Funds, one of the world’s largest multilateral climate funds, has announced the deployment of up to $1 billion in funding as part of CIF’s Industry Decarbonization investment program.

Swiss-founded BE WTR raises $45.45M Series C funding for expansion plans in Singapore and Asia

BE WTR, the Swiss-founded company sustainable and premium water solutions provider, has raised CHF 39 million ($45.45 million) in its Series C funding round for expansion plans in Singapore and Asia.

IFC lends $534M to ENGIE to boost renewable energy in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a landmark green and sustainability-linked loan of €500 million ($534 million) to ENGIE S.A., the parent holding company of the ENGIE Group.

Mocaverse partners Square Enix’s ‘SYMBIOGENESIS’ to accelerate Web3 user onboarding

Mocaverse, the marquee consumer network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, have announced that has partnered with SYMBIOGENESIS, the non-fungible token (NFT) collectible art project of Square Enix to promote user onboarding from Web2 to Web3.