Asia

US’s Clarity Movement Co. raises $9.6M Series A+ co-led by Amasia and Active Fund

Clarity Movement Co. (Clarity), a United States-based environmental sensing and data platform company empowering the world to combat air pollution and climate change, announced Wednesday it has successfully closed a $9.6 million Series A+ funding round. The round was co-led by Amasia and the Active Fund.

Surge launches seventh cohort of 15 Southeast Asian and Indian startups

Surge, Sequoia India & Southeast Asia’s rapid scale-up program, has on Monday launched its seventh cohort, featuring 37 accomplished founders across 15 early-stage startups.

Singapore’s HealthTech firm Qritive aims to improve cancer diagnosis through AI [Q&A]

In the interview, Sathe also shared his views on the overall MedTech industry in Southeast Asia. Contrary to the general perception that it is often dominated by the western or advanced nations, he expects startups in Asia and Southeast Asia could completely transform the industry.

Taiwan’s Cherubic Ventures completes $110M Fund V, bringing total committed capital to over $400M

Taiwan-based venture capital firm Cherubic Ventures announced Thursday the successful completion of its Fund V at $110 million, with a total of over $400 million in committed capital under management.

South Korea’s SK backs US-based Atom Power with $100M funding

Atom Power, the United States-based startup to digitize power delivery, said Thursday it has closed a $100 million growth round from SK Inc. and SK Energy, South Korean investors in transformative energy technologies.

Taiwan’s TenMax opens new office in Indonesia to grow Southeast Asia footprint

Taiwan-based artificial intelligence (AI) Martech firm, TenMax, announced Wednesday the opening of TenMax Indonesia, the company’s fifth regional office in Asia after Taiwan, Vietnam, Malaysia, and Japan. The firm plans to bring its full line-up of proprietary AI ad-targeting and martech solutions to the Indonesian market.

US-based Eat Just secures $25M investment from Alibaba-backed C2 Capital

Eat Just, Inc., a United States-based food technology firm, announced Tuesday a $25 million investment and strategic partnership with Alibaba Group-backed private equity firm C2 Capital Partners (C2). The deal is C2’s first investment and partnership in the alternative protein sector and the relationship is currently supporting Eat Just’s go-to-market…

Gobi Partners appoints Gui Ee Leen as Human Resources Partner

Pan-Asian venture capital firm Gobi Partners announced Wednesday it has appointed Gui Ee Leen as its Human Resources Partner.In this newly created role, Ee Leen alongside Gobi’s Asean Human Resources (HR) team will be responsible for the company’s HR strategy including recruitment and employee retention programmes with a focus on gender diversity and…

The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific

The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.

Animoca Brands and Lympo partner with Play Magnus on chess-inspired blockchain game “Anichess”

Animoca Brands and its subsidiary Lympo, a leading global sports non-fungible token (NFT) ecosystem, announced Monday that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands.