Asia

Middle East B2B e-commerce startup Retailo raises $36M Series A round led by Graphene Ventures

Retailo has raised $36 million in its Series A investment round which was a mix of equity and venture debt. The round was led by Graphene Ventures and is joined by leading investors that include 500 Global, Agility, Aujan, Tech Invest Com and Mentor’s Fund. The venture debt was raised from Nahda Fund. Additionally, Shorooq Partners, Abercross Holdings,…

AirAsia changes name to Capital A to reflect new core strategy

Malaysia's AirAsia Group Berhad has announced a name change for the group holding company to become Capital A Berhad, to reflect the group’s new core business strategy as an investment holding company with a portfolio of synergistic travel and lifestyle businesses, which have rapidly transformed the AirAsia brand into much more than just an airline.. By…

Hong Kong’s The Sandbox partners with Warner Music to create music-themed world in the metaverse

The Sandbox announced Thursday that it has partnered with Warner Music Group (WMG) to create the first music-themed world in The Sandbox gaming metaverse. A combination of musical theme park and concert venue, the Warner Music Group LAND in The Sandbox will feature concerts and musical experiences featuring WMG’s leading roster of artists,

Australian no code expert process automation platform Checkbox raises $4.5M from Sequoia India’s Surge and Tidal Ventures

Checkbox has raised AU$6.3 million ($4.5 million) in pre-Series A funding to accelerate local and international expansion, including the appointment of personnel for key regions and the launch of a product-assisted growth model. The round is led by Sequoia India’s rapid scale-up program, Surge, and Australia’s Tidal Ventures. Checkbox will use the funding…

Malaysia’s MDEC to partner with Asean Fintech Group to facilitate funding opportunities to Malaysian tech companies

The Malaysia Digital Economy Corporation (MDEC) in collaboration with ASEAN Fintech Group (AFG), announced Wednesday a strategic partnership to enhance initiatives aimed at scaling up Malaysian fintech companies. Their collaborative efforts will focus on three key areas, namely deal flows, fintech ecosystem support and joint amplification. MDEC will curate…

Indian crypto investment startup Flint banks $5.1M funding led by Sequoia Capital India and GFC

Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.

Taiwan’s Gogoro inks two partnerships to establish an open electric mobility and battery swapping ecosystem in Indonesia

Gogoro Inc announced the two new strategic initiatives that drive momentum in Indonesia. It has partnered Hon Hai (Foxconn), Indonesia Battery Corporation (IBC) and Indika Energy to jointly develop a sustainable electric vehicle ecosystem in Indonesia that establishes the foundation for an open industry. It has also expanded its partnership with Electrum,…

Spain’s ClimateTrade closes $7.92 million pre-Series A, targets another $14.71 million to expand world’s first climate marketplace in new markets

ClimateTrade has raised €7 million ($7.92 million) in a Pre-Series A closed in Europe in late 2021, and is raising another €13 million ($14.71 million) in a US-focused round set to close upon ClimateTrade’s US reincorporation in the next five months. In total, the company is targeting €20 million ($22.63 million) of funding for international……

Taiwan podcast firm SoundOn Global receives strategic investment From Taiwan Mobile

SoundOn Global has received a strategic investment from Taiwan’s telecommunications group Taiwan Mobile.

Kakao-backed blockchain platform Klaytn inks five key partnerships for global expansion

Klaytn, a public blockchain platform developed by internet giant Kakao Corp, has signed five key partnership deals to pursue its global expansion plans.Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.