Asia
India’s PurpleTutor raises $1.25M Series A round to strengthen product offering
PurpleTutor, an Inda-based startup focusses on artificial intelligence (AI) based live classes, has recently raised Rs 10 crore ($1.25 million) in its Series A round. The round saw participation from Disruptors Capital, IvyCap Ventures, Arjun Malhotra (Co-Founder, HCL) and others.
Korea’s Naver Z joins hands with Thailand’s True to power metaverse ecosystem in Thailand
Naver Z, affiliate of South Korea-based internet giant Naver Corp., announced Thursday that the company has signed a memorandum of understanding (MoU) with Thailand's biggest communications conglomerate True Corporation to build a global metaverse hub for creators.
Japan’s oVice raises $32M Series B funding led by multiple investors
oVice, a Japan-based virtual office platform, announced Wednesday a 45 billion yen (around $32.5 million) Series B funding round led by a group of Japanese and overseas investors. The investment puts the company's total raised capital at $45 million.
Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M
Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million).
Singapore awards Taiwan’s Gogoro sandbox pilot
Gogoro Inc, a Taiwan-based battery swapping ecosystems provider announced Thursday that Singapore’s Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy and validate battery swapping as a means for next generation smart mobility. The firm is kicking off its sandbox pilot by partnering with Jardine Cycle & Carriage, a diversified…
Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report
The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.
The rise of Web3: Asia Pacific expected to grow at fastest rate
In line with the rapid growth and interest in Web3, TechNode Global has introduced a category “Web 3 Disruptors” in the third edition of ORIGIN Innovation Awards.
Animoca Brands Japan raises $45M from MUFG and Animoca Brands to grow Web3 business
Animoca Brands KK (Animoca Brands Japan), a strategic subsidiary of Animoca Brands Corporation Limited focusing on cooperative partnerships in Japan for non-fungible token (NFT)-related business opportunities, announced Friday that it has raised a total of $45 million from MUFG Bank, Ltd. (MUFG) and Animoca Brands Corporation Limited valuing the company at…
India’s Loopworm raises $3.4M seed round co-led by Omnivore and WaterBridge
India's insect biotech startup Loopworm announced Wednesday that it has raised a $3.4 million seed round co-led by Omnivore and WaterBridge Ventures. The round also saw participation from Titan Capital and leading angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (ex-ITC), and Akshay Singhal (Log9 Materials).
India’s Mojocare secures $20M Series A funding Led by B Capital and others
Mojocare, an India-based full-stack health and wellness clinic, said Tuesday it has raised $20.6 million in a Series A fundraising round led by B Capital’s Ascent Fund and existing investors Chiratae Ventures, Sequoia India’s Surge, and Better Capital.
