Asia
The Sandbox opens new virtual neighborhoods themed around 14 major brand partners with three LAND sales
The Sandbox, a Hong Kong-based decentralized metaverse and a subsidiary of Animoca Brands, has on Tuesday announced the sale of over 1,900 LAND parcels, where future LAND owners will truly own and be neighbors with a selection of 14 brands and celebrities, starting November 24.
Hong Kong’s Hex Trust gets licence for virtual assets services in Dubai
Hex Trust, the Hong Kong-based fully licensed and insured provider of bank-grade custody and associated services for digital assets, has received the minimum viable product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The MVP license will allow the firm to provide a wide range of virtual asset services to institutional clients and…
India’s RedBrick AI raises $4.6M seed funding led by Surge, Sequoia Capital India and Southeast Asia
Indian health-tech artificial intelligence (AI) platform RedBrick AI has on Wednesday announced a $4.6 milion seed funding round to accelerate the development and adoption of artificial intelligence in clinical settings, through rapid data annotation on medical imagery. The round was led by Surge, Sequoia Capital India, and Southeast Asia’s rapid scale-up…
ZA Bank integrates Wise to become first HK bank to launch low-cost international transfers in Hong Kong
Hong Kong’s virtual bank ZA Bank and United Kingdom-based financial technology firm Wise has jointly announced a partnership on Wednesday to offer low-cost and quick international money transfers to Hongkongers. This partnership marks two firsts: ZA Bank becoming the first bank in Hong Kong to provide international money transfers with no exchange rate…
Accelerating Asia announces investments into ten startups for 7th cohort
Accelerating Asia, a Singapore-based venture capital accelerator focused on pre-Series A startups has invested in ten new companies from across Asia Pacific as part of its 7th cohort. The new investments take the venture capital accelerator’s portfolio to 60 startups who have raised a total of over $50 million, with Cohort 7 having raised $5.2 million prior…
Australia’s Sapia.ai raises $17M Series A funding led by Macquarie Capital & W23
Building on the continuing success of its artificial intelligence (AI) solution in delivering diversity and inclusion in hiring, Australian AI-powered recruitment firm Sapia.ai on Tuesday announced a $17 million Series A raise led by Macquarie Capital and Woolworths Group's W23 venture capital arm.
South Korean SaaS firm Toss Lab secures $1.2M strategic investment from Taiwan’s Kdan Mobile Software
Toss Lab Inc, a South Korean software as a service (SaaS) firm, has secured $1.2 million strategic investment from Kdan Mobile Software, Ltd, a global SaaS company headquartered in Taiwan. The two leading productivity software companies from Asia plan to integrate their solutions to expand the international business to business (B2B) market.
Hong Kong brandtech group Gusto Collective expands to Japan
Gusto Collective, a Hong Kong-based brandtech firm, announced Tuesday the establishment of its operations in Japan, headquartered in Tokyo. The expansion is spurred on by accelerating market demand in the region for next-gen customer experiences and innovative technologies in the burgeoning Web3 space.
Meet the top 3 impactful start-ups of JICA NINJA accelerator program 2022
Bell Society, CarbonEthics, and Surplus are the three selected start-ups to join JICA NINJA accelerator program 2022.
Vingroup and Gotion starts building $275M LFP battery cell factory in Vietnam
VinES Energy Solutions Joint Stock Company, a member of Vingroup, and Gotion Inc., a wholly owned subsidiary of Gotion High-Tech, have started construction of lithium iron phosphate (LFP) battery cell factory in Vietnam. The project has a total investment of more than VND 6,329 billion ($275 million), a scale of 14 hectares (34.5 acres) with a design…
