Asia

Ant International’s WorldFirst sees total transaction volume soars to $300B

China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.

Yuno welcomes former Uber & JP Morgan Director to lead APAC partnerships, drive regional growth

Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel its ambitious expansion plans across Asia, Europe, the Middle East, and Africa.

MICROIP, HUFLIT ink partnership to promote semiconductor and AI development

Taiwan-based technology company MICROIP Vietnam’s Ho Chi Minh City University of Foreign Languages and Information Technology (HUFLIT) have officially signed a memorandum of understanding (MOU) to embark on extensive cooperation in the fields of integrated circuit (IC) design and artificial intelligence (AI).

Singapore’s Farquhar VC & South Korea’s Twin Ventures join hands to strengthen cross-border startup ecosystem relations

Several MOUs and partnerships between South Korea and Singapore are inked at the Global Investment Capacity Building Program Demo Day.

Hong Kong’s FundPark crosses $3B in capital for underserved digital entrepreneurs

FundPark, a Hong Kong-based fintech firm, has announced it has surpassed $3 billion in total capital deployed to support underserved entrepreneurs and digital businesses.

Anichess partners Yield Guild Games to distribute Animoca Brands’ chess-based strategy game

Anichess, the progressive chess-based online strategy game from Animoca Brands, has partnered with Yield Guild Games (YGG) to distribute Animoca Brands’ chess-based strategy game in Southeast Asia.

Singapore and Hyundai Motor strengthen joint research in sustainable energy and manufacturing solutions

South Korean automaker Hyundai Motor Group has signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) to strengthen joint research in sustainable energy and manufacturing solutions.

Japan’s estie, inc. raises $20M in Series B led by Vertex Growth & DBJ

The latest round was led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of global investment company Temasek, and Development Bank of Japan (DBJ).

Hyundai and Waymo team up for autonomous car technology

South Korean automaker Hyundai Motor Company and US autonomous driving technology firm Waymo announced they have entered into a multi-year, strategic partnership.

Climate Investment Funds eyes $1B decarbonization investment

The Climate Investment Funds, one of the world’s largest multilateral climate funds, has announced the deployment of up to $1 billion in funding as part of CIF’s Industry Decarbonization investment program.