Asia
Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M
Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million).
Singapore awards Taiwan’s Gogoro sandbox pilot
Gogoro Inc, a Taiwan-based battery swapping ecosystems provider announced Thursday that Singapore’s Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy and validate battery swapping as a means for next generation smart mobility. The firm is kicking off its sandbox pilot by partnering with Jardine Cycle & Carriage, a diversified…
Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report
The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.
The rise of Web3: Asia Pacific expected to grow at fastest rate
In line with the rapid growth and interest in Web3, TechNode Global has introduced a category “Web 3 Disruptors” in the third edition of ORIGIN Innovation Awards.
Animoca Brands Japan raises $45M from MUFG and Animoca Brands to grow Web3 business
Animoca Brands KK (Animoca Brands Japan), a strategic subsidiary of Animoca Brands Corporation Limited focusing on cooperative partnerships in Japan for non-fungible token (NFT)-related business opportunities, announced Friday that it has raised a total of $45 million from MUFG Bank, Ltd. (MUFG) and Animoca Brands Corporation Limited valuing the company at…
India’s Loopworm raises $3.4M seed round co-led by Omnivore and WaterBridge
India's insect biotech startup Loopworm announced Wednesday that it has raised a $3.4 million seed round co-led by Omnivore and WaterBridge Ventures. The round also saw participation from Titan Capital and leading angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (ex-ITC), and Akshay Singhal (Log9 Materials).
India’s Mojocare secures $20M Series A funding Led by B Capital and others
Mojocare, an India-based full-stack health and wellness clinic, said Tuesday it has raised $20.6 million in a Series A fundraising round led by B Capital’s Ascent Fund and existing investors Chiratae Ventures, Sequoia India’s Surge, and Better Capital.
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.
