Asia

Taiwan’s Gogoro to launch battery swapping platform & smartscooters in Israel

Gogoro Inc., a Taiwan-based battery swapping ecosystems provider, announced Thursday it was partnering with Israeli two-wheel vehicle distributor Metro Motor and Israeli gas and energy company Paz Group to launch its battery swapping platform and smartscooters in the Tel Aviv metropolitan area this summer and other cities in Israel in the future.

South Korea’s oHouse raises $182M Series D funding from SoftBank Ventures Asia and others

oHouse, a South Korean home furnishing and remodeling unicorn, announced Friday that it has raised $182 million Series D funding from prominent global investors to power the global growth of its groundbreaking lifestyle platform. The funding came investors including SoftBank Ventures Asia, BRV Capital Management, Vertex Growth which is anchored by…

SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round

SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.

The K-Startup Grand Challenge 2022 opens its doors to Southeast Asia, Australia & New Zealand

Applications opened on Apr 15, 2022 and will close on May 31, 2022 for startups keen on the opportunity to work and build a strong foundation in South Korea.

Airwallex rolls out more global payments services in Singapore with virtual business cards and card expenses launch

After officially entering the Singapore market in January, global fintech firm Airwallex continues to progressively roll out key offerings in its global payments suite with Tuesday’s launch of its Airwallex Borderless Card and integrated expense management solution.

India’s 9Unicorns announces fifth closure of its maiden fund at $100M

9Unicorns, an India-based early-to-growth stage accelerator fund, on Sunday announced the fifth closure of its maiden fund at $100 million. The company plans to invest $500,000 to $1 million in the idea stage and, up to $2 million in high-growth stage Series C and above startups this year with a focus on DeepTech, Enterprise SaaS, Web 3.0, FinTech, Media,…

Cake DeFi partners with FACEIT in multi million dollar deal to allow gamers to earn cryptocurrency

Cake DeFi, a Singapore-based crypto fintech platform, announced Friday a multi-million dollar partnership with FACEIT, a United Kingdom-based platform for competitive online gaming, to allow users to earn cash flow from their crypto.

Animoca Brands partners nature gaming startup Untamed Planet to develop Untamed Metaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, said Friday it has invested in and partnered with Untamed Planet, the gaming company inspired by nature with a mission to protect the wild, to develop and publish Untamed Metaverse, a major upcoming game to benefit nature conservation efforts.

India’s Evenflow raises $5M pre-series A round from Village Global and others

Evenflow Brands (Evenflow), an India-based e-commerce rollup firm, announced Thursday the closing of its pre-series A round of $5 million. The round saw participation from Village Global, 9Unicorns, Venture Catalysts, LetsVenture, Shiprocket, and marquee angel investors.