Asia

India’s Lissun raises $1M Pre-Seed round from IvyCap Ventures and others

Lissun, an India-based full-stack solution for mental and emotional healthcare, has announced close of its $1 million Pre-Seed fundraise round. The round led by IvyCap Ventures…

YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital

YAS MicroInsurance (YAS), an insurance on-blockchain pioneer in Hong Kong, has announced the completion of their Pre-Series A funding round, raising $4.5 million. The round was…

McLaren Racing launches 7-page comic NFTs on Tezos

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore…

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Singapore-based used car marketplace Carro, which announced its expansion into Japan last week, sees many opportunities in the country as the Japan’s used car market size is…

Grab targets group adjusted EBITDA breakeven by second half of 2024

Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and…

Japan’s Wasabi Technologies closes $250M new funding

Wasabi Technologies, a Japan-based hot cloud storage company, announced Wednesday it has achieved unicorn status following $250 million in new funding. Wasabi Technologies said…

AXA Hong Kong partners with The Sandbox to become first insurer in Hong Kong to enter metaverse

The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, and AXA Hong Kong, a Hong Kong-based insurer, announced Wednesday that AXA…

Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally

Aiello Inc., a Taiwan-based natural language processing and voice artificial intelligence (AI) startup, announced Monday it has raised $5.8 million in a Series Pre-A+ funding…

X-PITCH 2022 Global TOP150 announced

X-PITCH 2022 Global TOP 150 has been announced. 150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries, X-PITCH said in a statement on…

True Global Ventures invests a total of $38M in Hong Kong’s Animoca Brands

The True Global Ventures (TGV) 4 Plus Fund and Follow On Fund have invested in total $38 million including $16 million of secondaries into Hong Kong-based Web 3 firm Animoca…