Asia
IFC invests in Türk Ekonomi Bankası to enhance access to finance for climate-focused, women-owned smaller businesses in Türkiye
The International Finance Corporation (IFC) has embarked on a new investment in Türk Ekonomi Bankası A.Ş. (TEB), a private bank primarily serving corporate customers and small enterprises, aims to bolster access to finance for small and medium enterprises (SMEs), with a focus on climate mitigation and adaptation projects, women-owned businesses, and…
IFC provides $30M to M bank to increase digital lending for women and small businesses in Mongolia
International Finance Corporation (IFC) announced Wednesday that it has provided $30 million to M bank, Mongolia's first digitally focused bank, to increase digital lending for women and small businesses in the country.
South Korean AI firm DEEPX raises $80.5M in Series C funding led by SkyLake Equity Partners
DEEPX, a South Korea's artificial intelligence (AI) semiconductor technology startup, has announced the successful conclusion of its Series C funding round, amassing $80.5 million. The round was spearheaded by SkyLake Equity Partners with participation from BNW Investments and AJU IB, alongside existing stakeholder TimeFolio Asset Management.
Australia’s MetroElectro secures $680,000 from Wavemaker Impact to develop mid-sized renewable power plants
MetroElectro, a climate tech startup based in Australia, has secured AUD 1.04 million ($680,000) from Singapore-based climate tech venture builder Wavemaker Impact to develop mid-sized renewable power plants.
Agritech platform Rize raises $14M in Series A funding co-led by Breakthrough Energy Ventures, GenZero, Temasek, Wavemaker Impact
Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.
Alipay+ partners Nepal Clearing House Ltd to enable merchants in Nepal to accept cross-border mobile payments from travellers
In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.
Indian AgTech firm Superplum completes $15M Series A financing
Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.
Japan’s EMURGO partners liquidity provider GSR to strengthen Cardano ecosystem
EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the global cryptocurrency trading firm and liquidity provider.
India’s Parseable raises $2.75M in seed round led by Surge and NP-Hard Ventures
Bengaluru-based analytics platform Parseable has announced a seed funding round of $2.75 million led by Surge and NP-Hard Ventures, earmarking its entry into the expanding log analytics market.
Australian AI start-up Brainfish raises $3.85M in seed funding round led by Surge
Brainfish, an Australia-based artificial intelligence (AI)-powered customer support platform for online businesses, has raised AUD 3.85 million ($2.5 million) in its second funding round to double down on its product innovation and accelerate its international expansion.
