Asia
Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment
Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.
Hong Kong’s Omnichat raises $1.8M Pre-A round funding to expand business to Southeast Asia
Omnichat, a Hong Kong-based omni-channel chat commerce solution provider, said Wednesday it has raised $1.8 million in Pre-A round funding and announced its business expansion plan to Southeast Asia. The funding will be used to finance Omnichat to further expand the business to Southeast Asia (SEA) markets, and the first stop will be Singapore, Malaysia and…
The Sandbox expands cultural hub in the metaverse with major Hong Kong partners unveiled in Mega City 2
The Sandbox, a decentralized gaming virtual world and subsidiary of Hong Kong's Animoca Brands, announced Monday a series of new partners for Mega City 2, the second phase of Hong Kong’s vibrant cultural hub in the metaverse. To celebrate these partnerships, The Sandbox will launch a new LAND sale on April 28, 2022, which will allow players to buy LANDs and…
WeLab Bank becomes Hong Kong’s first virtual bank to offer digital wealth advisory solutions
WeLab Bank, the virtual bank of Hong Kong's FinTech firm WeLab Holdings Limited (WeLab), said Monday it has become the first virtual bank in Hong Kong licensed to offer digital wealth advisory services. Having obtained the Type 1 (dealing in securities) and Type 4 (advising on securities) licenses from the Hong Kong Securities and Futures Commission…
Regal Hotels enters the metaverse with MetaGreen, the first green metropolis in The Sandbox
Hong Kong's Regal Hotels Group announced Monday its entrance into the metaverse with MetaGreen, a project to develop an environmental, social, and governance (ESG) themed plot of "LAND" in The Sandbox, a decentralised gaming virtual world and subsidiary of Hong Kong's Animoca Brands.
Hong Kong rail operator MTR enters Web3 era in partnership with The Sandbox
Hong Kong rail operator MTR Corporation announced Thursday its entry into the Web3 era and will start its metaverse journey in partnership with The Sandbox, a decentralized gaming virtual world and subsidiary of Animoca Brands, to create new and immersive experiences in the virtual world.
FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup
Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service provider. Through this partnership, the two companies will begin full-scale collaboration, including the installation of LUUP ports at FamilyMart stores and joint marketing effort.
Animoca Brands partners Planet Hollywood to form joint venture for NFTs, themed metaverse and community
Hong Kong-based gaming firm Animoca Brands and United States-based entertainment firm Planet Hollywood Group announced Friday the MetaHollywood joint venture. The MetaHollywood will build the largest online community for movie lovers, studios, and creators to interact within a Hollywood-themed metaverse and marketplace for digital collectibles, moments,…
Hong Kong’s FundPark secures $250M debt facility with Goldman Sachs as senior facility provider
FundPark, a Hong Kong-based eCommerce liquidity solution and technology provider, announced Wednesday the closing of an asset-backed securitization (ABS) facility of up to $250 million with Goldman Sachs as senior facility provider. Through this ABS facility, FundPark proprietary platform will serve to bridge the working capital finance needs of small to…
