Asia
Hong Kong restaurant management firm Bistrochat raises $1M in a funding led by SOSV
Bistrochat has raised $1 million in a funding led by SOSV. The funding will be used to expand the commercial footprint and further develop the software to keep its innovative edge.
NPX Capital makes an additional investment of $43M into South Korean digital content developer Copin Communications
NPX Capital announced that the firm through its private equity arm NPX Private Equity has invested $43 million into South Korean digital content developer Copin Communications. The investment by NPX Capital will be used to strengthen and diversify digital content production capabilities as well as to support business expansion overseas, targeting promising…
Singapore blockchain gaming startup Infinity Force raises $5.5M seed investment led by Animoca Brands
Infinity Force announced its $5.5 million seed-funding raise led by Animoca Brands. Other participants in the round included JUMP Capital, Sky Vision Capital, OKex Blockdream Ventures, MEXC, GSR, Double Peak Group, Tokenbay, DWeb3, and more. It will use the new funding to further scale its functionality to facilitate onboarding games, guilds and players, as…
India’s Imagine Marketing acquires Singapore’s KaHa to boost wearable products
Imagine Marketing Private Limited announced Monday the acquisition of KaHa Pte Limited. The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/ iOS applications, new feature integration, social engagement and analytics, and lead the way by…
US and Taiwan-based Viewabo raises $1.77M in seed round led by Hive Ventures
Viewabo has raised $1.77 million in an oversubscribed seed funding round led by Hive Ventures. The round also saw participation from 500 Global, Draper Associates and other investors. Viewabo will use the funds to focus on product development and expand beyond real-time use cases, penetrate new markets in the US and the Asia-Pacific – especially for small-…
Indian electric commercial vehicle startup EVage raises $28M seed round led by RedBlue Capital
EVage has raised $28 million seed round led by US-based venture capital firm RedBlue Capital. This is among the largest seed rounds for any Indian start-up and will allow EVage to complete its production-ready factory outside of Delhi in financial year 2022 to 2023 and scale up production.
AirAsia aims to become Asia’s largest food delivery, ride hailing company – report
AirAsia has been aggressively building its digital businesses and its Asean Super App over the last two years as most of its planes were grounded due to the ongoing COVID-19 pandemic.
Taiwan sustainable fashion community-based marketplace PopChill raises $2.2M Pre-Series A funding led by AppWorks
PopChill announced Monday the completion of a $2.2 million Pre-Series A round of financing. The round was led by AppWorks, with participation from CTBC Venture Capital, B Current Impact Investment, and Taiwan Culture and Creative Angels Investment. With this round of financing, PopChill will reinforce its core business model to meet the needs of fashion…
UK-based Global Processing Services upsizes funding round, with participation of Temasek & MissionOG
Global Processing Services (GPS) has upsized funding round by approximately $100 million with participation of Temasek and MissionOG. This brings the total amount raised in its latest round to $400 million. Advent International and Viking Global co-led the previous $300 million round.
Validus, TTC Group and Do Ventures form joint venture to expand access to credit for SMEs in Vietnam
Validus Vietnam, the Vietnam entity of Singapore-based small and medium enterprises (SME) growth financing platform Validus, TTC Group, a multi-industry conglomerate in Vietnam and Indochina, and Do Ventures, an early-stage venture investment fund in Vietnam announced Friday a joint venture (JV) to drive financial inclusion and empower the growth of…
