Asia
Dubai’s Cultos Global Web3 venture secures investment from industry leaders
Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the expansion of Cultos Global's product and engineering teams across the UAE and India as well as expanding its platform development by introducing several new innovative functionalities.
South Korean AI chip firm Panmnesia raises $12.5M in seed funding with a valuation exceeding $81.4M
Panmnesia, a South Korea-based fabless semiconductor company focused on CXL (Compute Express Link) technology, has on Friday announced its successful completion of a seed funding round amassing $12.5 million.
India’s Kae Capital announces the final close of its Winners Fund II at $50M
Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.
Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar Digital
Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.
Animoca Brands subsidiary Darewise Entertainment seals strategic engagement with Horizen Labs
Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs for technical token, development, and consulting services.
IFC doubles investments in Pakistan to $1.5B
IFC's projects in Pakistan aim to provide much needed jobs, increase productivity in the private sector, enhance gender inclusion, and address the impacts of climate change.
Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia
The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.
Tencent Cloud launches inaugural Web3 Product Tencent Cloud Blockchain RPC for developers & enterprises
Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.
Vertex Ventures SEA & India completes Fund V’s final close at $541M
The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.
Embarking on a transformative journey at “Explore the Innovation Ocean” at HK Ocean Park, organized by Jumpstart & StartmeupHK
"Explore the Innovation Ocean" ensures an extraordinary voyage, seamlessly interweaving profound discussions, pioneering exhibitions, and unparalleled networking prospects. Notable among featured speakers, representing leading companies in their respective fields, are Dr. Jia Zou from Roblox, China, Alex Xu from Leyou Technologies, Dr. Sara Cheung from Asia…
