Asia

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.

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…