Asia

Animoca Brands acquires indie game developer Grease Monkey Games

Animoca Brands has acquired Australia-based indie game developer Grease Monkey Games. With extensive experience in motorsports games development and established industry partnerships across motorsports and automotive manufacturing, Grease Monkey Games adds significant game development capabilities and expertise to Animoca Brands.

Indian healthcare platform GOQii raises $50M Series C funding from Sumeru Ventures, Modality and others

GOQii Inc announced Wednesday its Series C funding round of $50 million led by Sumeru Ventures. Modality (Digality) also participated the round. Other investors included 9 Unicorns, Venture Catalysts, funds advised by MegaDelta, Mitsui, The Times Group, Ascendo, Akbar Khan and Sanjay Narang. The venture debt funding was led by Blacksoil Capital and Trifecta…

Australia’s Protecht to accelerate growth with $30M Series A investment from Arrowroot Capital

Protecht Group Holdings Pty Ltd has secured an A$42 million ($30.13 million) investment from Arrowroot Capital to accelerate its product and growth strategies. The Series A investment will enable it to execute on its key growth initiatives – accelerate the delivery of new and exciting features in its products, maintain and expand a high level of service to…

India conversational automation firm Uniphore bags $400M Series E funding, valuation climbs to $2.5B

Uniphore nnounced Wednesday its Series E funding round of $400 million. The round, which brings its total funding to more than half a billion ($610 million) is led by American-based venture capital firm New Enterprise Associates (NEA) and raises the company’s valuation to $2.5 billion, March Capital and other existing Uniphore investors along with new…

Hong Kong event SaaS firm EventX raises an additional $8M led by GL Ventures

EventX has raised an additional $8 million in Series B plus funding, bringing the company’s Series B total to $18 million. The funding was led by GL Ventures, with participation from other investors. The new funding will go towards financing potential acquisitions, strengthening its international operations and expanding the company’s presence in Asia,…

Leveraging AI to create safer, ESG-compliant construction sites [Q&A]

viAct, an AI construction tech (contech) startup based out of Hong Kong, automates construction monitoring using a combination of computer vision, edge devices and a mobile app.

Animoca Brands Japan begins operations, bags seed round of $10M

Animoca Brands announced Tuesday it has begun operations in Japan with the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan), which has completed a raise of ¥1.1 billion ($10 million) of funding in its seed round. Animoca Brands Japan will use the new capital to expand its business in Japan with the goal to enhance the reach of…

Animoca Brands, Brinc launch new $30M Guild Accelerator Program

Animoca Brands has partnered with Brinc to launch the Guild Accelerator Program to build and grow the play-to-earn (P2E) guild ecosystem globally. The new acceleration program offers a total investment capital of up to $30 million over two years.The Guild Accelerator Program aims to enable millions of people around the world to generate income by…

India bans 54 Chinese apps on ‘security concerns’ – report

Since June 2020, the Indian government has banned around 224 Chinese apps.

Hong Kong fashion NFT platform BNV raises $4M Series A funding led by Animoca Brands

Brand New Vision Ltd (BNV), the company behind BNV.ME, the platform taking fashion into Web3.0 through 3D Product Creation, non fungible token (NFT) sales, and Future Wearability, has successfully completed a $4 million Series A funding round led by Animoca Brands. This funding round also included a number of influential funds and individuals including…