Asia

Klook secures $100M in funding led by Vitruvian Partners

Klook, a Hong Kong-based platform for experiences and travel services, has on Tuesday announced $100 million in funding led by the global growth investment firm Vitruvian Partners.

AirTrunk plans to develop its second cloud and AI-ready data center in Malaysia

Asia Pacific and Japan (APJ) hyperscale data center specialist AirTrunk has announced plans to develop its second cloud and artificial intelligence (AI)-ready data center in Malaysia, named AirTrunk JHB2 (JHB2) located in Iskandar Puteri, Johor region.

Animoca Brands leads Hivello funding round ahead of token listing

Hivello, a DePIN aggregator that enables users to earn by monetizing idle computer resources across multiple decentralized networks, has announced that Animoca Brands, the Hong-based company driving digital property rights to help build the open metaverse, is leading its current funding round.

Singapore’s Venturi Partners invests $25M in Indian footwear brand JQR

Venturi Partners, a Singapore-based consumer fund, has announced a $25 million investment in Just Quick Run (JQR), an India-based emerging brand in the affordable footwear segment.

MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financing

Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial Group (MUFG), have announced a strategic partnership via Carsome Capital Sdn. Bhd., the financing arm of Carsome.

East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fund

East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund.

Hong Kong-based cryptocurrency custodian Hex Trust secures strategic investment from Morgan Creek

Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective.

CVC Funds agree sale of OANDA to FTMO

CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).

Singapore’s CapitaLand invests $700M to develop its first date center in Japan

CapitaLand Investment Limited (CLI), a Singapore-based global real asset manager, has acquired a freehold land parcel in Osaka to develop its first data center in Japan which will entail a total investment of more than $700 million.

SoftBank partners Quantinuum for practical application of quantum computing

Japan-based internet services company SoftBank Corp. and global quantum computing firm Quantinuum announced Wednesday that they have agreed to a wide-ranging partnership in quantum computing.