Asia
Australia’s Happenco closes $12M fund, backing earliest stages founders
Australian venture investment and advisory firm Happenco has on Thursday announced the close of its first fund, raising $12m to empower earliest-stage startups to build bold companies. The fund is led by Ben Cheyne, (ex. Deloitte Ventures), Gideon Gut-Silverman (ex. McKinsey, Google), and Omar Varts (ex. Deus Ex Machina), who bring a breadth of knowledge…
COMEUP 2023 concludes with a grand finale, attracts 66,000 participants from 35 countries
Representatives from 35 countries, including Saudi Arabia, UAE, the United States, France, Austria, Hong Kong, Senegal, and Cambodia, engaged in COMEUP 2023. The festival served as a dynamic platform for startups, investors, government agencies, and global corporations, fostering international collaboration.
Switzerland’s responsAbility launches $500M climate investment strategy for Asia
In response to rising carbon dioxide emissions in Asia, global impact firm responsAbility Investments AG (responsAbility), together with Germany's development bank KfW and the Dutch development bank FMO, has launched a $500 million climate investment strategy.
Animoca Brands invests in TON Blockchain and becomes its largest validator
TON Foundation announced Tuesday that Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has become the largest validator of The Open Network (TON) Blockchain.
Animoca Brands announces sold-out Season 2 of TinyTap Publisher NFTs; generates $333,907 revenue for educators
Hong Kong-based gaming firm Animoca Brands has on Monday announced that Season 2 of Publisher non-fungible tokens (NFTs) has sold out, and has generated $333,907 for 168educators. The Season 2 sale of 720 Publisher NFTs, which are created by its subsidiary TinyTap, an edtech platform for educational games, and hosted and facilitated by Open Campus, a…
India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures
Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.
Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud
Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer engagement channels with generative artificial intelligence (AI) from Google Cloud.
Wavemaker Partners leads $1.5M seed+ funding round for premier Indian faith-tech start-up VAMA
Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. Wavemaker Partners investment amounting to $1.1 million, marks its first in an India-incorporated tech company.
Animoca Brands partners Ubisoft’s Strategic Innovation Lab to support Web3 initiatives on Mocaverse
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced that it will collaborate with Ubisoft’s Strategic Innovation Lab to support its Web3 initiatives on Mocaverse, the marquee membership project by Animoca Brands.
New Zealand Kiwifruit brand Zespri launches $2M annual fund to accelerate sustainable innovation
New Zealand Kiwifruit brand Zespri has launched $2 million annual fund to accelerate sustainable innovation. Zespri said in a statement on Tuesday that the firm is establishing a new innovation funding initiative, known as ZAG.
