Asia

Australia’s Finder secures first external equity of $21.5M to accelerate global growth

Finder has secured its first external funding of A$30 million ($21.52 million) since its inception in 2006. The specialist technology growth investor Future Now Capital has committed the fund which kicks off the capital raise process for Finder after 15 years of being bootstrapped.

Pakistan e-commerce builder Brandverse raises “multimillion-dollar” seed funding

Brandverse has successfully raised an undisclosed multi-million dollar amount to launch its Chikoo app. The seed round was led by the JS Group and observed follow-on participation from seed investors, regional family offices and operator angels. With this round, Brandverse will further strengthen its Chikoo app which enables both offline, hyper-local, and…

Hong Kong billionaire Adrian Cheng enters metaverse via investment in Animoca Brands’ The Sandbox

The Sandbox offers virtual real estate, called LAND NFTs, in the open metaverse. Cheng's LAND will be one of the biggest plots in The Sandbox, and form part of the ‘Mega City’ virtual world, which will include his Innovation Hub. The landmark of the Innovation Hub will be the GBA Pavilion, a vibrant center propagating creativity and futuristic vision to…

India edtech firm BYJU’S acquires Austrian mathematics software provider GeoGebra

BYJU’S has acquired Austria-based mathematics software provider GeoGebra. The company, however, did not disclose the value of the deal. This acquisition complements the company's overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio. It…

Navis Capital Partners sells its entire stake in Hong Kong tech business services provider QIMA

Navis Capital Partners (Navis) announced the sale of its entire interest in Pinnacle Inspection Ltd (QIMA). Caisse de dépôt et placement du Québec (CDPQ) , is the new equity investor for QIMA alongside the founder, Sebastien Breteau, and his senior management team.

Binance Labs leads $1.5M Seed Round for BBS Network

Binance Labs has led the $1.5 million seed round for Bulletin Board System (BBS) Network. The investment is part of Binance Labs' broader strategy to grow the global blockchain ecosystem.

Binance Smart Chain and Animoca Brands set up $200M investment program for blockchain gaming projects

Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to accelerate and incubate early crypto gaming startups that are building on BSC.

South Korean online lending platform PeopleFund raises $64M Series C funding led by Bain Capital

PeopleFund will utilize the funds to hire artificial intelligence (AI) engineers and acquire alternative data to further upgrade its credit-scoring algorithm while focusing on credit scoring technology with the acquisition of MyData license set for late this year.

Japan’s Space BD raises $9.2M from Temasek arm and others

Space BD has raised a total of 1.04 billion JPY ($9.2 million) through a third-party allotment of new shares to the existing shareholders Incubate Fund, Anniversaire Holdings, SMBC Venture Capital, Mizuho Capital, and the new shareholder Pavilion Capital, wholly owned by Temasek Holdings, a Singapore government-affiliated investment company.

India fintech platform Simpl raises $40M Series B funding led by Valar Ventures and IA Ventures

Simpl, has raised a $40 million Series B round led by Valar Ventures and IA Ventures with participation from LFH Ventures and other internal investors. The investment brings the total capital raised by the company to $83 million.