Asia

Animoca Brands Japan invests in Virtual Arts

Animoca Brands Japan, a strategic subsidiary of Animoca Brands Corporation Limited (Animoca Brands), has on Thursday announced that it has invested in Virtual Arts, Inc to support Virtual Arts' expansion in Japan and to provide content for DanceFight, a dance battle app published by Virtual Arts for the street dance community globally, with bracket-style…

India’s PhonePe raises $100M additional funding at $12 billion valuation

PhonePe, one of India’s largest fintech platforms, has on Tuesday announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global and TVS Capital Funds, at a pre-money valuation of $12 billion.

Cyberport community members Animoca Brands, Hepha, and EW Metaverse bring virtual Hong Kong to New York Fashion Week

World-renowned Hong Kong designer Vivienne Tam, with the support of Cyberport and the Hong Kong Economic and Trade Office in New York, collaborated with Animoca Brands and Hepha to bring the streets of Hong Kong to her New York Fashion Week runway show on February 12 (New York time).

Australia’s plastic alternative firm Uluu aims to build commercial plant in 2025

Uluu uses farmed seaweed rather than terrestial crops or waste as a carbon source to produce a plastic alternative. Doing so not only provides economic advantages but, more importantly, the unique potential to scale enough carbon to decouple our polymer economy from fossil fuels, information from its website showed. From its unique seawater process, Uluu’s…

This startup aims to capture 10,000 tons carbon from farmland this year using volcanic rock dusts

“Our [ultimate] goal is to get to a billion tons of carbon captured as quickly as possible," Yap said.

Moonfare caps Series C extension round at about $15M, bringing its Series C funding to $130 million+

Moonfare, a global digital private equity investment platform with its Asia Pacific offices headquartered in Singapore and Hong Kong, has capped the extension of its Series C financing round at about $15 million, achieving a record valuation.

India’s Turno raises $13.8M funding co-led by B Capital and Quona Capital

Turno, an India-based platform for commercial electric vehicle (EV) distribution and financing, has on Wednesday announced a $13.8 million Series A funding as it scales across the country and plans to build proprietary battery technology.

The Sandbox announces partnership with Cut the Rope creator ZeptoLab to build new Web3 experiences

The Sandbox, a leading decentralized gaming virtual world and subsidiary of Animoca Brands, has on Tuesday announced a partnership with ZeptoLab, the global gaming company behind the highly popular games Cut the Rope, CATS: Crash Arena Turbo Stars, King of Thieves, and Bullet Echo.

Global Brain partners with Meiji Yasuda Life Insurance Company on $39M corporate venture capital fund

Global Brain Corporation (Global Brain) and Meiji Yasuda Life Insurance Company (Meiji Yasuda) have jointly established “Meiji Yasuda Future Innovation Fund L.P.” with JPY 5 billion ($39 million) of committed capital.