Asia

Indian venture capital firm Arkam Ventures has launched its Fund II with a target size of $180 million to tap "Middle India" opportunity. The fund will continue to build a thesis-driven, concentrated portfolio by going deeper in its existing sectors and, as well as identifying category leaders in promising areas like manufacturing, tech and electric…

Ampd Energy (Ampd), a trailblazing startup and energy storage systems provider based in Hong Kong, has raised $8 million in an extension of Series A funding for global expansion. MTR Lab Company Limited (MTR Lab) has partnered with technology investors 2150 and Taronga Ventures to co-invest in Ampd.

Pakistan's embedded finance platform Neem has entered into a strategic investment partnership with DNI Group, a South African investment firm operating across 28 countries, to revolutionize finance across emerging markets.

Prenetics Global Limited (Prenetics), a Hong Kong-based genomics-driven health sciences company, has partnered scientist Prof. Dennis Lo to establish a joint venture named Insighta for breakthrough multi-cancer early detection screening.

Mitsubishi UFJ Financial Group (MUFG) has partnered FinDev Canada and a consortium of United Nations partners and platform-based initiatives to launch $1.5 billion climate and blended finance platform to address risks associated with climate change.

Topics discussed at the forum included Chinese e-commerce market, social media marketing trends, and the Sands Innovation Challenge.

At the event, details of the 3rd Hengqin International Scientific and Technological Innovation Entrepreneurship Competition were announced. It is a prestigious event designed to connect high-quality companies with the vibrant ecosystem of Hengqin Island in the Guangdong-Hong Kong-Macao Greater Bay Area.

Hong Kong-based gaming firm Animoca Brands has on Wednesday announced that it has joined the United States-based blockchain ecosystem Celo to accelerate Web3 adoption with sustainability and social impact.

Indian venture capital firm Blume Ventures has on Wednesday announced the first close of its new opportunity cum continuity fund, Fund 1Y. This is the firm’s third growth fund, and it has already raised INR 200Cr ($25 million) of the INR 400Cr ($50 million) target with visibility for the remaining corpus.