Asia
US’s Sigmoid closes $12M primary and secondary fundraise from Sequoia Capital India
Sigmoid, a United States-based data engineering, analytics and artificial intelligence (AI) solutions company, announced Thursday that it has closed a Series B investment of $12 million, in a mix of primary and secondary funding from Sequoia Capital India.
Sequoia India and Southeast Asia’s Surge back EdTech firm Virtual Internships $14.3M fund raise
Virtual Internships, a United Kingdom-based EdTech company, announced Thursday that it has closed a $14.3 million Series A raise led by Hambro Perks. The round was also supported by Sequoia India and Southeast Asia’s Surge, Arsenal Growth, Kaplan, Ascend Vietnam Ventures, and STIC Investments.
Japan’s Softbank considers launching third Vision Fund – report
Softbank would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, the people reportedly said.
US’s Orbital Insight expands to Southeast Asia with Thailand as its first target
Orbital Insight, a geospatial analytics and location intelligence solutions provider based in Palo Alto, California, announced Thursday its expansion into Southeast Asia. The firm has recently announced its first partnership in the region with Thaicom, Thailand’s leading satellite operator and provider of integrated satellite communications.
Amasia creates impact assessment framework to evaluate climate impact for early-stage companies
Amasia, a global early-stage venture capital firm focused on sustainability and climate, said Wednesday it has created a robust impact assessment framework to evaluate and manage the climate impact of investee companies.
Asset tokenization projected to grow 50 times into $16T opportunity by 2030, says BCG, ADDX report
A newly-published report by global consulting firm BCG and ADDX, the digital exchange for private markets, forecasts that asset tokenization will expand into a $16.1 trillion business opportunity by 2030. This growth comes as the crypto winter is prompting capital to focus on more viable blockchain use cases.
Singapore’s DBS partners with Hong Kong’s The Sandbox to launch ‘DBS BetterWorld’
DBS, a Singapore-based financial services group, announced Friday a partnership with The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, to create DBS BetterWorld, an interactive metaverse experience showcasing the importance of building a better, more sustainable world, and inviting others to come…
Animoca Brands raises $110M funding led by Temasek, Boyu Capital, GGV Capital
Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for the open metaverse, announced Thursday that it has closed a strategic funding round for $110 million led by Temasek, Boyu Capital, GGV Capital.
South Korea’s ITSBLOC raises $7.5M to build a brand-new Web 3.0 game platform
ITSBLOC, a South Korea-based web 3.0 game platform, announced Wednesday that it successfully closed $7.5 million in an investment round. In particular, in institutional investment round, a total of eight institutions including Vista Labs, Nexus one, Edimus Capital, Atlas Capital, Bull&Bear, and three other institutions participated.
Hong Kong’s Wada Bento bags $2.8M Pre-Series A funding for expansion
Wada Bento, A Hong Kong start-up with a new decentralised foodservice platform, announced Wednesday the successful conclusion of a fresh round of Pre-A funding, landed over HK$22 million ($2.8 million) since seed funding. Investors include Golden Resources Development Limited, Cyberport Macro Fund, EthAum Capitals in Singapore, Hong Kong Tech300, Gravity…
