Asia
Taiwanese conversation management tool Cooby raises $2.9M to date led by Sequoia India’s Surge and Pear VC
Taiwan-based conversation management tool Cooby announced Tuesday that it has raised $2.9 million to date led by Sequoia India’s Surge and Pear VC.
March 8, 2022
News,Investments,Asia,AgriTech
Indian AgriTech start-up Otipy gets $32M in Series B funding round led by Westbridge Capital
Otipy has raised Rs235 crores ($32 million) in its Series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round. These fresh funds have come in six months for Otipy, after its series A funding of Rs76 crores ($10.2 million). The funding will help the startup to further strengthen its supply chain,…
March 8, 2022
Taiwan data mesh solution provider Canner raises $3.5M Series Pre-A funding led by Taiwania Capital
Canner has raised a total of $3.5 million in a Series Pre-A funding round. Led by Taiwania Capital, the funding round was also participated in by global venture capital firm Hive Ventures and SparkLabs Taipei. Canner will use this funding to accelerate product development, expand local and international marketing efforts, and grow its internal teams.
March 8, 2022
News,Blockchain / Crypto,Asia,Investments
Australian NFT platform Immutable secures $200M in Series C financing led by Temasek
Immutable has secured $200 million in Series C financing led by Temasek, with investments from leading blockchain game juggernaut Animoca Brands and technology company Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also joined the round as new investors. King River…
March 8, 2022
News,SEA,Investments,Singapore,Asia,SaaS
Singapore’s Insider unlocks unicorn status and announces $121M Series D with a $1.22B valuation
Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…
March 8, 2022
Binance launches payments technology company Bifinity
Binance on Monday announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity's on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions.
March 8, 2022
Malaysian finance platform Ethis Group launches Ethis Global platform for global expansion
Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…
March 7, 2022
News,Asia,Singapore,Mergers and Acquisitions
Singtel’s NCS acquires Australian IT services firm The Dialog Group for $241M
NCS, the information technology (IT) and communications engineering arm of Singtel, announced Monday it has acquired Australia’s largest privately-owned IT services company The Dialog Group (Dialog) for A$325 million ($241 million). The acquisition of Dialog is geared to unlock new growth opportunities in the Australian market and accelerate NCS’…
March 7, 2022
News,Private Equity,Asia,Sustainability
Australia’s New Forests announces first close of SE Asia-focused fund at $120M
New Forests announced Thursday the first close of its Tropical Asia Forest Fund 2 (TAFF2) with $120 million of capital commitments. Investors in the first close include Asian Development Bank (ADB), the Australian Government, David and Lucile Packard Foundation, Sumitomo Mitsui Trust Bank (SuMi TRUST), Temasek and TotalEnergies. New Forests will continue to…
March 3, 2022
Australian FinTech firm Zeller doubles valuation to over $1B with $100M raise
Zeller has raised $100 million in Series B round at a valuation worth of $1 billion.The Series B, which saw Zeller more than double its valuation, was led by US-based Headline, with additional funds contributed by Australian industry superannuation fund Hostplus. Previous investors, including Square Peg, Addition, and Spark Capital, also returned to…
March 3, 2022