Asia
South Korea’s SK Telekom invests $100M in US’s Anthropic to promote AI innovation
South Korea's telecommunications operator SK Telekom （SKT） has on Monday announced that it is investing additional $100 million in Anthropic, an artificial intelligence (AI) safety and research company based in San Francisco. This follows the previous investment from SK Telecom Venture Capital (SKTVC), the Silicon Valley-based venture capital arm of……
Taiwan’s Gogoro posts lower net loss of $5.6M in second quarter
Taiwanese battery-swapping refueling platform Gogoro saw its net loss for the second quarter of 2023 fall to $5.6 million from $121.1 million a year ago. The group registered a revenue of $87.2 million in the second quarter, down 3.8 percent year-over-year but up 0.2 percent year-over-year on a constant currency basis.
Malaysia’s Solarvest eyes further expansion in Taiwan’s clean energy market
Malaysian clean energy firm Solarvest Holdings Berhad has on Friday established a new wholly-owned subsidiary, Solarvest (Taiwan) Corp Ltd (STCL) in Taipei, Taiwan, with the strategic intent to strengthen its market presence and explore clean energy project opportunities in the country.
Jay Chou’s PHANTACi partners Highstreet to launch ‘PHANTACi Peninsula’
International fashion label PHANTACi is entering a revolutionary partnership with Highstreet, the MMORPG and retail-focused metaverse, unveiling a unique region within Highstreet World called “PHANTACi Peninsula.” This exclusive metaverse intends to provide fans with an innovative, interactive experience, acting as a testament to their enduring support of…
CapitaLand Investment launches new business park development fund in India
Singapore-based real estate investment firm CapitaLand Investment Limited (CLI) has launched a business park development fund, CapitaLand India Growth Fund 2 (CIGF2), with a target fund size of SGD 525 million ($390.04 milion) to invest in Grade A business parks in prime locations across gateway cities in India.
India’s Credgenics raises $50M in series B funding led by Westbridge Capital, Accel and others
Credgenics, an India-based software as a service (SaaS) based debt collections and resolution technology platform, has raised $50 million in a Series B funding round. The funding was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.
BlackRock targets $1.21B for climate infrastructure strategy to support New Zealand’s net zero goals
BlackRock has targeted NZD 2 billion ($1.21 billion) for climate infrastructure strategy to support New Zealand’s net zero goals. The firm plans to launch a New Zealand-focused strategy, via its Climate Infrastructure franchise, that will provide a platform through which institutional investors can invest in New Zealand’s transition to a low-carbon……
Indian Disprz raises $30M Series C funding from Lumos Capital, 360 ONE and others to fuel global expansion
Disprz, an India-based enterprise software as a service (SaaS) learning and skilling platform, announced Monday that it has raised $30 million in its Series C funding round. The round was led by Lumos Capital Group and 360 ONE Asset (IIFL) with participation from Kae Capital, KOIS and Dallas Venture Capital.
OKX Ventures invests $1M in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures, the investment arm of global crypto exchange and innovative Web3 company OKX, has announced a $1 million investment in Moonbox, an artificial intelligence (AI) technology and Web3-focused start-up based in Hong Kong.
HashKey becomes the first licensed exchange for retails users in Hong Kong
HashKey Exchange, a Hong Kong Securities and Futures Commission (SFC) licensed virtual asset exchange, has officially announced the upgrade of Type 1 and Type 7 licenses, marking the first licensed trading platform in Hong Kong to offer retail services.
