Asia
Animoca Brands Japan raises $45M from MUFG and Animoca Brands to grow Web3 business
Animoca Brands KK (Animoca Brands Japan), a strategic subsidiary of Animoca Brands Corporation Limited focusing on cooperative partnerships in Japan for non-fungible token (NFT)-related business opportunities, announced Friday that it has raised a total of $45 million from MUFG Bank, Ltd. (MUFG) and Animoca Brands Corporation Limited valuing the company at…
India’s Loopworm raises $3.4M seed round co-led by Omnivore and WaterBridge
India's insect biotech startup Loopworm announced Wednesday that it has raised a $3.4 million seed round co-led by Omnivore and WaterBridge Ventures. The round also saw participation from Titan Capital and leading angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (ex-ITC), and Akshay Singhal (Log9 Materials).
India’s Mojocare secures $20M Series A funding Led by B Capital and others
Mojocare, an India-based full-stack health and wellness clinic, said Tuesday it has raised $20.6 million in a Series A fundraising round led by B Capital’s Ascent Fund and existing investors Chiratae Ventures, Sequoia India’s Surge, and Better Capital.
US’s Clarity Movement Co. raises $9.6M Series A+ co-led by Amasia and Active Fund
Clarity Movement Co. (Clarity), a United States-based environmental sensing and data platform company empowering the world to combat air pollution and climate change, announced Wednesday it has successfully closed a $9.6 million Series A+ funding round. The round was co-led by Amasia and the Active Fund.
Surge launches seventh cohort of 15 Southeast Asian and Indian startups
Surge, Sequoia India & Southeast Asia’s rapid scale-up program, has on Monday launched its seventh cohort, featuring 37 accomplished founders across 15 early-stage startups.
Singapore’s HealthTech firm Qritive aims to improve cancer diagnosis through AI [Q&A]
In the interview, Sathe also shared his views on the overall MedTech industry in Southeast Asia. Contrary to the general perception that it is often dominated by the western or advanced nations, he expects startups in Asia and Southeast Asia could completely transform the industry.
Taiwan’s Cherubic Ventures completes $110M Fund V, bringing total committed capital to over $400M
Taiwan-based venture capital firm Cherubic Ventures announced Thursday the successful completion of its Fund V at $110 million, with a total of over $400 million in committed capital under management.
South Korea’s SK backs US-based Atom Power with $100M funding
Atom Power, the United States-based startup to digitize power delivery, said Thursday it has closed a $100 million growth round from SK Inc. and SK Energy, South Korean investors in transformative energy technologies.
Taiwan’s TenMax opens new office in Indonesia to grow Southeast Asia footprint
Taiwan-based artificial intelligence (AI) Martech firm, TenMax, announced Wednesday the opening of TenMax Indonesia, the company’s fifth regional office in Asia after Taiwan, Vietnam, Malaysia, and Japan. The firm plans to bring its full line-up of proprietary AI ad-targeting and martech solutions to the Indonesian market.
US-based Eat Just secures $25M investment from Alibaba-backed C2 Capital
Eat Just, Inc., a United States-based food technology firm, announced Tuesday a $25 million investment and strategic partnership with Alibaba Group-backed private equity firm C2 Capital Partners (C2). The deal is C2’s first investment and partnership in the alternative protein sector and the relationship is currently supporting Eat Just’s go-to-market…
