Asia
SoftBank-backed chip designer Arm aims to raise at least $8B in US IPO – report
The preparations for the IPO are expected to be kick-started in the US in the coming days and the valuation range has not yet been finalized.
India’s Greenko raises $700M in equity funding for growing its cloud storage platform
Greenko Energy Holdings (Greenko), an India-based energy transition firm, is raising $700 million in equity funding from its existing shareholders to grow its cloud storage platform to ~50 GWh.
Animoca Brands and Manga Productions sign strategic partnership for Web3 industry across MENA region
Hong Kong-based gaming firm Animoca Brands, has partnered with Middle East animations, comics, and games production company Manga Productions, for Web3 industry across Middle East and North Africa (MENA) region.
Hong Kong’s Mapxus raises $5M in series B funding led by Kawasaki Heavy Industries
Mapxus, the Hong Kong-based indoor Geographic Information System (GIS) platform, has on Thursday announced the successful completion of its Series B funding round, raising over $5 million in investment. The funding round was led by Kawasaki Heavy Industries.
EV sales collapse as subsidies and tax credits come to an abrupt halt, says Rystad Energy
The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3 percent year-on-year increase over January 2022.
The Sandbox expands to Germany with the acquisition of game development studio Sviper
The Sandbox, a decentralized gaming virtual world and subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Tuesday announced it has acquired Sviper GmbH, the German game development studio.
Asia-Pacific leads global public cloud storage growth in 2023, says a study
Asia-Pacific (APAC) organizations are embracing the public cloud to store fast-growing volumes of data, specifically for backup, archive and disaster recovery initiatives, but are hit the hardest by public cloud storage fees compared to their global counterparts, according to Part 2 of Wasabi’s 2023 Global Cloud Storage Index.
Mitsui & Co. invests in U.S. based healthcare technology company Koios Medical
Mitsui & Co., Ltd. has participated as a lead investor in a Series B round financing of Koios Medical, Inc. (Koios), a U.S.-based healthcare technology and digital medicine company.
SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report
Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.
