Asia

Australia’s Shippit acquires Singaporean start-up Luwjistik for $11M

Shippit, an Australian logistics technology platform, announced Tuesday the acquisition of a Singpapore-based start-up, Luwjistik, the creator of a unified API that allows freight forwarders, courier’s and third party logistics companies to connect into network partners globally, in an AUD$18 million ($11.24 million) deal.

India’s Hubbler raises $1.5M seed fund from Artha Venture Fund, Unicorn India Ventures & LenDenClub Alpha

Hubbler, an India-based no-code platform, said Monday it has raised $1.50 million from Artha Venture Fund, Unicorn India Ventures, and LenDenClub Alpha in seed round. This is the first external funding round for the startup.

Prudential partners Google Cloud for healthcare and financial security in Asia and Africa

Global insurance group Prudential plc (Prudential) and Google Cloud announced Tuesday a strategic partnership to enhance health and financial inclusion for communities across Asia and Africa.

Airwallex sustains $5.5B valuation with $100M Series E extension

Airwallex, the Australia-based global fintech platform, announced Tuesday that it recently closed its Series E extension (Series E2) of $100 million with the same $5.5 billion valuation.

Hong Kong’s Start-up Express International calls for applications

At Start-Up Express International, outstanding early-stage start-ups from around the world will share the stage with Start-up Express winners from Hong Kong.

Cool Cats secures strategic investment from Animoca Brands

Cool Cats Group LLC, the web3 company behind the iconic blue-chip non-fungible token (NFT) collection Cool Cats, announced Wednesday that it has received a strategic investment from Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse.

South Korea’s Naver acquires US-listed social e-commerce marketplace Poshmark for $1.2B

South Korea’s largest internet company Naver Corp has inked a deal to acquire Poshmark, Inc., a United States-listed social e-commerce marketplace for new and secondhand style, for approximately $1.2 billion.

Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally

Aiello Inc.(Aiello), a Taiwan-based natural language processing (NLP) and voice artificial intelligence (AI) startup, announced Tuesday it has raised $5.8 million in a Series Pre-A+ funding round led by two major institutional investors, JAFCO Asia and Wistron Corporation.

US’s Anchorage Digital expands in Asia with five new institutional partners

United States-based crypto platform Anchorage Digital announced on Wednesday its expansion to Asia, with notable institutional partners including Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha, which have selected Anchorage Digital custody and bespoke offerings to safely participate in digital assets.

Animoca Brands and Coincheck strengthen strategic partnership collaboration

Hong Kong-based blockchain gaming firm Animoca Brands Corporation Limited and Japan-based cryptocurrency exchange and non-fungible token marketplace Coincheck, Inc. have agreed to further strengthen their collaboration and promote a strategic partnership that has been continued and enhanced since 2020.