Asia

Foxconn to build advanced computing center in Taiwan based on NVIDIA Blackwell platform

Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform at its core.

Tether invests $18.75M in Taiwanese blockchain-enabled financial institution XREX Group

Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.

Indian-founded Testsigma raises $8.2M led by MassMutual Ventures

Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual Ventures.

Japan’s Astroscale raises $153M from Tokyo IPO

Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.

India’s Fibe raises $90M in Series E funding led by TR Capital, Trifecta Capital and Amara Partners

Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.

Hong Kong’s Mezzofy raises $2M Pre-series A funding round to drive market expansion, product advancement

Hong Kong-based digital coupon platform Mezzofy has on Wednesday announced the completion of Pre-series A funding round of $2 million to bring the start-up's global expansion plan to life and support its product advancement for the web3 future.

Alipay+ partners Khan Bank to enable digital payment of 12 International e-wallets in Mongolia

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, has partnered with Mongolian full service bank Khan Bank to enable digital payment of 12 international e-wallets in Mongolia to drive tourism and merchant growth.

Hong Kong’s Hex Trust secures additional VASP license from Dubai

The Hex Trust Group, a Hong Kong-based provider of digital asset solutions for institutional finance, protocols, foundations, and the Web3 ecosystem, has secured an additional Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai.

Tech Data acquires IT security marketplace in ANZ Orca Tech

Tech Data, a TD SYNNEX Company, has on Monday announced its acquisition of Orca Technology Pty Ltd (Orca Tech), an independent value-added distributor focused on the information technology (IT) security marketplace in Australia & New Zealand (ANZ).

Gogoro partners Terpel to launch two-wheel battery swapping and Smartscooters in Colombia

Taiwanese battery swapping platform Gogoro has partnered Colombian fuel and lubes company Terpel to launch Gogoro’s battery swapping in Bogota Colombia through the Terpel Voltex brand.