Asia
Australia’s MetroElectro secures $680,000 from Wavemaker Impact to develop mid-sized renewable power plants
MetroElectro, a climate tech startup based in Australia, has secured AUD 1.04 million ($680,000) from Singapore-based climate tech venture builder Wavemaker Impact to develop mid-sized renewable power plants.
Agritech platform Rize raises $14M in Series A funding co-led by Breakthrough Energy Ventures, GenZero, Temasek, Wavemaker Impact
Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.
Alipay+ partners Nepal Clearing House Ltd to enable merchants in Nepal to accept cross-border mobile payments from travellers
In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.
Indian AgTech firm Superplum completes $15M Series A financing
Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.
Japan’s EMURGO partners liquidity provider GSR to strengthen Cardano ecosystem
EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the global cryptocurrency trading firm and liquidity provider.
India’s Parseable raises $2.75M in seed round led by Surge and NP-Hard Ventures
Bengaluru-based analytics platform Parseable has announced a seed funding round of $2.75 million led by Surge and NP-Hard Ventures, earmarking its entry into the expanding log analytics market.
Australian AI start-up Brainfish raises $3.85M in seed funding round led by Surge
Brainfish, an Australia-based artificial intelligence (AI)-powered customer support platform for online businesses, has raised AUD 3.85 million ($2.5 million) in its second funding round to double down on its product innovation and accelerate its international expansion.
IFC Invests $6M in Türkiye digital brokerage company Midas
The International Finance Corporation (IFC)has on Thursday announced an investment of $6 million in Midas, a digital brokerage company in Türkiye, to accelerate digitalization in the country's brokerage industry, strengthen its competitiveness, and empower people to protect their wealth.
Hong Kong language AI firm Fano Labs fuels APAC expansion with Series B funding
Fano Labs, the Hong Kong provider of performance language artificial intelligence (AI) solutions, has on Thursday announced the successful closure of its Series B round. Openspace Ventures, a venture capital firm in Southeast Asia, led the investment round, with participation from HSBC and Greater Good Investment, the family office of Mr. and Mrs. Kenneth…
India’s Avaada Energy closes $535M refinancing for its four solar projects in Rajasthan
Avaada Energy, the renewable energy arm of India-based Avaada Group, has announced the successful closure of INR 4,471 crore ($535 million) of refinancing from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID).
