Asia
Brinc partners DayDayCook to invest $10M in food technology companies
Brinc, a Hong Kong-based venture accelerator with a global sustainability mandate, and DayDayCook, a Hong Kong-based content-to-commerce culinary platform, announced Thursday a commitment of $10 million to invest in food technology companies that are developing the sustainable, animal-free, global food ecosystem and scaling commercialization in Greater…
Samsung SDI invests $1.3B in cylindrical battery lines in Malaysia
Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by 2030. Its decision to construct the second factory in Malaysia comes as a strategy to meet the rising demand for cylindrical batteries recently.
India’s Shaka Harry raises $2M seed funding led by Better Bite Ventures, Blue Horizon and Panthera Peak
Indian plant based meat company Shaka Harry said Wednesday it has received a total investment of $2 million in seed funding round led by Better Bite Ventures, Blue Horizon and venture debt fund Panthera Peak. Other investors include; Dexler Holdings, Chef Manu Chandra and a group of domestic family offices and angel investors.
XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto
XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto (IVC).
B Capital closes $250M early-stage fund dedicated to building the economy of the future
B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund.B Ascent invests in pre-seed through series A rounds globally, with an emphasis on the United States and Asia.
India’s Ola to invest $500M in battery innovation and indigenous cell R&D
la Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC) in Bangalore. BIC will be one of the world’s largest and most advanced cell research and development (R&D) facilities with more than 165 unique and cutting-edge lab equipment to…
Phillip Securities becomes first brokerage firm in Asia to offer US Market Making service during Asian market hours
Phillip Securities, the brokerage arm of PhillipCapital, launched the US Asian Hours on 19 July 2022, which facilitates the trading of 38 US-listed equities and exchange-traded funds (ETFs) during Asian market hours, through both the web trading platform of Phillip’s Online Electronic Mart System (POEMS) and the latest POEMS Mobile 3 App.
AnyMind Group raises $29.4M in Series D funding to drive next-generation commerce
AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with total funding to date approximating $91.7 million.
India-founded healthtech firm Wysa secures $20M led by HealthQuad and BII
Wysa, an artificial intelligence (AI) digital platform for mental health originally founded in India, announced Thursday it has secured $20 million in financing. The round is led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google…
India’s Detect Technologies raises $28M Series B funding led by Prosus Ventures
Detect Technologies, an artificial intelligence (AI)-based software as a service (SaaS) enterprise in India, announced Thursday that it has raised $28 million in primary and secondary funding. Prosus Ventures led this round with significant participation from existing investors Accel and Elevation Capital, and continued support from other existing…
