Asia

iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the issuance of new fully paid ordinary shares of iCandy. The acquisition of Storms will allow iCandy to leverage its distribution network to further target a number of markets in Asia…

Polygon has raised about $450 million through a private sale of its native MATIC token in a funding round led by Sequoia Capital India. The round also saw the participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital and prominent investors like Alan Howard (Co-Founder, Brevan Howard) and Kevin O’Leary…

Genesia Ventures announced the first close of its new fund, Genesia Venture Fund 3 Investment Limited Partnership, with a total amount of approximately $90 million. Similar to the first and second funds, the third fund is focused on investments in pre-seed and seed stage startups in Japan and Southeast Asia (SEA),

Kyoto Fusioneering has raised 1.33 billion yen ($11.7 million) in its latest round of funding, bringing the total amount of funds raised by the startup. to 1.67 billion yen ($ 14.7 million). The oversubscribed series B funding round was supported by existing investors, Coral Capital Co., and underwritten by five new investors from some of Japan's top…

Retailo has raised $36 million in its Series A investment round which was a mix of equity and venture debt. The round was led by Graphene Ventures and is joined by leading investors that include 500 Global, Agility, Aujan, Tech Invest Com and Mentor’s Fund. The venture debt was raised from Nahda Fund. Additionally, Shorooq Partners, Abercross Holdings,…

Malaysia's AirAsia Group Berhad has announced a name change for the group holding company to become Capital A Berhad, to reflect the group’s new core business strategy as an investment holding company with a portfolio of synergistic travel and lifestyle businesses, which have rapidly transformed the AirAsia brand into much more than just an airline.. By…

The Sandbox announced Thursday that it has partnered with Warner Music Group (WMG) to create the first music-themed world in The Sandbox gaming metaverse. A combination of musical theme park and concert venue, the Warner Music Group LAND in The Sandbox will feature concerts and musical experiences featuring WMG’s leading roster of artists,

Checkbox has raised AU$6.3 million ($4.5 million) in pre-Series A funding to accelerate local and international expansion, including the appointment of personnel for key regions and the launch of a product-assisted growth model. The round is led by Sequoia India’s rapid scale-up program, Surge, and Australia’s Tidal Ventures. Checkbox will use the funding…

The Malaysia Digital Economy Corporation (MDEC) in collaboration with ASEAN Fintech Group (AFG), announced Wednesday a strategic partnership to enhance initiatives aimed at scaling up Malaysian fintech companies. Their collaborative efforts will focus on three key areas, namely deal flows, fintech ecosystem support and joint amplification. MDEC will curate…

Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.