Asia
SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round
SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.
The K-Startup Grand Challenge 2022 opens its doors to Southeast Asia, Australia & New Zealand
Applications opened on Apr 15, 2022 and will close on May 31, 2022 for startups keen on the opportunity to work and build a strong foundation in South Korea.
Airwallex rolls out more global payments services in Singapore with virtual business cards and card expenses launch
After officially entering the Singapore market in January, global fintech firm Airwallex continues to progressively roll out key offerings in its global payments suite with Tuesday’s launch of its Airwallex Borderless Card and integrated expense management solution.
India’s 9Unicorns announces fifth closure of its maiden fund at $100M
9Unicorns, an India-based early-to-growth stage accelerator fund, on Sunday announced the fifth closure of its maiden fund at $100 million. The company plans to invest $500,000 to $1 million in the idea stage and, up to $2 million in high-growth stage Series C and above startups this year with a focus on DeepTech, Enterprise SaaS, Web 3.0, FinTech, Media,…
Cake DeFi partners with FACEIT in multi million dollar deal to allow gamers to earn cryptocurrency
Cake DeFi, a Singapore-based crypto fintech platform, announced Friday a multi-million dollar partnership with FACEIT, a United Kingdom-based platform for competitive online gaming, to allow users to earn cash flow from their crypto.
Animoca Brands partners nature gaming startup Untamed Planet to develop Untamed Metaverse
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, said Friday it has invested in and partnered with Untamed Planet, the gaming company inspired by nature with a mission to protect the wild, to develop and publish Untamed Metaverse, a major upcoming game to benefit nature conservation efforts.
India’s Evenflow raises $5M pre-series A round from Village Global and others
Evenflow Brands (Evenflow), an India-based e-commerce rollup firm, announced Thursday the closing of its pre-series A round of $5 million. The round saw participation from Village Global, 9Unicorns, Venture Catalysts, LetsVenture, Shiprocket, and marquee angel investors.
Australian FinTech firm Peppermint gets e-wallet license in the Philippines
Peppermint Innovation Ltd (Peppermint), an Australia-based FinTech firm, announced Wednesday the company has been granted a license to operate as an electronic money issuer (EMI) by the Central Bank of the Philippines Bangko Sentral ng Pilipinas (BSP). The EMI license authorises the company to deliver e-wallet services through its bizmoto mobile app…
Germany’s Soundcloud acquires Singapore music AI firm Musiio
Germany music entertainment firm SoundCloud announced Tuesday it has acquired Musiio, a Singapore-based music artificial intelligence (AI) firm. Musiio will amplify SoundCloud’s existing music intelligence capabilities and allow the company to further leverage its vast data to identify what’s next in music trends and talent.
