Asia

Singapore’s Temasek warns of cautious outlook, expects to slow down investment

The state-owned investor has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia.

Animoca Brands raises over $75M to advance vision of open metaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…

Vleppo, Tokel conduct digital procedure to make NFT rights legally enforceable in the real world

Web3 firms Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and non-fungible token (NFT) owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.

India’s MedTel Healthcare plans to raise $10M Series A funding

MedTel Healthcare, an India-based business to business (B2B) and business to business to consumer (B2B2C) connected care and remote patient monitoring platform, said Tuesday it is planning to raise around $10 million in Series A. Existing investors and leading venture capitals have already expressed interest in the series A fund raise.

India’s Vegrow raises $25M Series B funding led by Prosus Ventures

Vegrow, India’s leading business to business (B2B) marketplace for fruits announced Monday it has secured funding of a $25 million Series B round led by Prosus Ventures. Marquee investors Matrix Partners India, Elevation Capital, Lightspeed and Ankur Capital participated in the round while prominent angel and agri veteran Sanjiv Rangrass continues to back…

Binance secures virtual asset service provider registration in Spain

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced that its Spanish subsidiary, Moon Tech Spain, S.L., has been granted registration as a virtual asset services provider(VASP) by the Bank of Spain. This registration will allow Binance to offer crypto asset exchange and custody services in Spain in…

A deep dive into the DeFi Space with Sooho.io’s Jisu Park [Q&A]

Founded in 2018, Sooho.io is a leading DeFi infrastructure service provider trusted by Fortune 500s including Samsung SDS, LG CNS and more. Headquartered in South Korea, the company aims to become the SWIFT for Web3.0 and connect the Korean DeFi ecosystem with the rest of the world.

Singapore’s Panthera Growth leads $45M Series D fund raise by Innoviti

Innoviti Payment Solutions Pvt Ltd, India-based collaborative commerce platform said Friday that it has raised a $45 million combination Series D fund led by Singapore-based growth equity firm Panthera Growth Partners (PGP). PGP has invested $15 million in the company from its recently announced Fund II, along with new investors including Alumni Ventures,…

ESR partners with Enerbank to provide renewable energy certificates in Japan

ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, is the first real asset manager to partner with Enerbank, one of the major green certificate operators in Japan, to participate in the Green Energy Certificate system.

Singapore’s Carousell teams up logistics firm Zeek to launch quick shipping option in Hong Kong

Carousell, a classifieds group based in Singapore, has on Thursday officially announced its partnership with Zeek, the on-demand logistics technology platform, to launch a brand-new delivery option that provides a comprehensive and integrated shopping journey for Carousell users in Hong Kong.