Asia

South Korea’s Klaytn partners with US’s OpenSea to spur growth in Asia

South Korea-based metaverse blockchain ecosystem Klaytn Foundation has joined forces with United States based marketplace for non-fungible tokens (NFTs) OpenSea, to invest in the Asian NFT ecosystem. The partnership, which was announced at NFT.NYC, is the first-of-its-kind dedicated to accelerating the growth and adoption of NFTs in Asia.

dHost lauches new identity and announces regional expansion in APAC

dHost, an in-building neutral hosting service provider and technology enabler, announced on Friday its new brand identity, reflecting expanded technology solutions and new verticals strategy in APAC & Japan. The announcement signifies dHost’s commitment to help mobile network operators and industries to take on technology risk and upfront investment costs -…

Hong Kong’s SleekFlow bags $8M Series A funding led by Tiger Global

Following its seven-figure pre-Series A funding round last year, Alibaba Entrepreneur Fund-backed software as a service (SaaS) omnichannel social commerce platform SleekFlow announced Thursday the completion of its $8 million Series A funding round, led by New York-based investment firm Tiger Global Partners.

Hong Kong’s brandtech firm Gusto Collective eyes expansion to SG, Tokyo, Bangkok after recent fundraising [Q&A]

Gusto Collective, which provides content production services, raised $11 million in its seed plus funding round led by Animoca Brands and Gaw Capital last month. The oversubscribed round also received participation from BlackPine, YCI Limited, and several existing shareholders including ClearVue Partners.

Hong Kong’s Babel Finance raises $80M Series B funding, valuation hits $2B

Babel Finance, a Hong Kong-based crypto financial service provider that provides digital asset loans, said Tuesday it has raised $80 million in a Series B funding round, and the investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann,…

India’s ShareChat closes $520M round at $5 billion valuation

ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, announced Thursday the closure of its multi-tranche funding round through which it raised a total of $520 million and reached $5 billion in valuation.

United States Mythical Games partners South Korea’s Kakao for APAC expansion

United States-based next-generation blockchain gaming studio Mythical Games announced Thursday a partnership with Kakao Games, South Korea’s leading publisher of online and mobile games. Moving forward, Mythical will integrate and support the BORANETWORK – an affiliate of Kakao Games and its proprietary blockchain and layer 2 ecosystem – as both entities…

Animoca Brands acquires Israeli EdTech platform TinyTap for $38.88M

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday it has completed the acquisition of 80.45 percent of the issued capital of Israeli EdTech platform TinyTap Limited (TinyTap), for a consideration of $38.88 million in cash and shares.

Singapore’s GIC backs French sustainability rating firm EcoVadis in $500M funding round

EcoVadis, the French provider of globally trusted business sustainability ratings, said Tuesday it has raised $500 million with plans to accelerate its vision of influencing every business decision with sustainability intelligence, becoming a sustainability impact unicorn. The round brings EcoVadis’ total capital raised to over $725 million and was led by…