Asia

SoftBank leads US intelligent workforce platform Observe.AI $125M Series C funding

SoftBank Vision Fund 2 has led the $125 milllion Series C funding in Observe.AI, an United State-based intelligent workforce platform that transforms contact centers through artificial intelligence (AI). The round also saw the participation from Zoom Video Communications, Inc, Menlo Ventures, Nexus Ventures, Scale Ventures, Emergent Ventures, NGP Capital,…

Hong Kong’s Animoca Brands acquires French racing game developer Eden Games

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday it has completed the acquisition of 100 percent of the issued capital of French racing game developer Eden Games S.A.S. from Engine Gaming & Media. Animoca Brands will leverage the expertise and capabilities of Eden Games to work…

Applications now open in Malaysia for 5th cohort of EY startup incubator program

This year, the EY organization announced the continued expansion of the EY Foundry startup incubator program into Cambodia, Guam, Thailand and Vietnam.

India’s Instoried secures $200M commitment from global emerging markets group ahead of listing

Instoried, an artificial intelligence (AI)-based writer assistance tool in India, said Thursday it has secured a capital commitment of $200 million from Global Emerging Markets Group (GEM), an alternative investment group with operations in Paris, New York, and the Bahamas, ahead of its listing plan.

Hong Kong wholesale platform Peeba gets $4.2M seed funding led by Headline Ventures

Peeba, the online business to business (B2B) wholesale platform in Hong Kong, said Thursday it has secured $4.2 million in seed funding led by Headline Ventures.The company will use the funds to deepen its localization efforts across 11 Asia Pacific (APAC) countries, as well as to further build out the machine learning technologies underlying its platform.

Hong Kong’s Newman Capital launches $50M investment fund to empower businesses with Web3 solutions

Hong Kong-based investment firm Newman Capital announced Wednesday the launch of its $50 million investment fund to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The fund is on the mission to accelerate the Web3 adoption, especially in the traditional business world, focusing on Asia.

Japan’s AnyMind Group launches e-commerce management platform AnyX

AnyMind Group, an end-to-end commerce enablement company in Japan, announced Wednesday the launch of AnyX, a one-stop e-commerce management platform for individuals and businesses that connects various e-commerce channels and AnyMind Group’s various platforms for manufacturing, e-commerce enablement, conversational commerce, marketing and logistics.

Taiwan EV battery swap firm Gogoro debuts on Nasdaq

Gogoro Inc., a Taiwan-based technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, on Tuesday became a publicly listed company trading on the Nasdaq Global Select Market with its ordinary shares and warrants listed under the new ticker symbols "GGR" and "GGROW", respectively. The company completed the…

Hong Kong social crypto investing platform Kikitrade nets $6M funding co-led by AppWorks and Media Asia

Hong Kong-based one-stop cryptocurrency and social investment platform Kikitrade announced Monday the company has completed a $6 million strategic round, co-led by AppWorks and Media Asia with participation from Audeo Ventures and existing shareholders. This round of funding follows a $12 million investment led by internationally renowned investors…