Asia
Four top investment themes for growth & income opportunities in Asia according to HSBC
“We see promising secular growth opportunities in India and ASEAN, riding on the structural tailwinds from strong foreign and domestic private investments, young demographics, the technology boom, and green transformation," James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and Wealth, HSBC said.
January 24, 2024
Darewise, Animoca Brands Japan, Honda team up to co-develop Web3 automotive gameplay
Darewise Entertainment (Darewise), a subsidiary of Animoca Brands and the company behind Life Beyond, and Animoca Brands Japan announced Monday a collaboration with Honda Motor Co., Ltd (Honda) to co-develop transportation and vehicle-related gameplay in Life Beyond, the upcoming AAA science fiction destination.
January 22, 2024
AWS plans to invest $15.25B into its Japanese cloud infrastructure by 2027
Amazon Web Services (AWS) has on Friday announced its plans to invest 2.26 trillion yen ($15.25 billion) into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet growing customer demand for cloud services in Japan.
January 19, 2024
India’s FinAGG Technologies secures $11M in Series A funding led by Blue Orchard, Tata Capital
FinAGG Technologies, an India-based fintech firm, has successfully raised $11 million in its Series A funding round. This financing was co-led by global impact investment manager BlueOrchard and Tata Capital Limited, with participation from the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners.
January 19, 2024
News,Electric Vehicles & Mobility,Asia
India’s Alt Mobility raises $6M in funding co-led by Shell Ventures, Eurazeo, EV2 and Twynam
Alt Mobility, an India-based technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6 million in funding. The funding is co-led by Shell Ventures, Eurazeo, EV2 Ventures and Twynam.
January 19, 2024
Dubai’s Tumodo raises $35M in pre-seed funding to boost business travel in MENA region
Tumodo, a Dubai-based business travel platform, announced Thursday it has successfully raised $35 million in a pre-seed round co-led by the Middle East and North Africa (MENA)-focused angel investors. This funding will fuel the company's presence in the United Arab Emirates (UAE) market, further product development, and new partnership opportunities in the…
January 19, 2024
Australia’s Element Zero raises $10M in seed funding led by Playground Global
Element Zero, an Australia-based green materials platform company, announced Wednesday that it has raised $10 million in seed funding led by Playground Global. The firm will use the funding to grow research and development (R&D), engineering, and project development teams and scale the development of a pilot iron plant.
January 18, 2024
Australia’s Prota Therapeutics secures $21M in financing led by SPRIM Global Investments
Prota Therapeutics Pty Ltd (Prota), an Australian biotechnology company focused on the development of novel oral immunotherapy treatments that induce remission of allergy, has on Tuesday announced financing of $21 million in equity and debt financing. The round is led by Singapore-based SPRIM Global Investments (SGI).
January 17, 2024
Hong Kong’s HashKey raises nearly $100M in Series A financing round to accelerate product diversification
HashKey Group (HashKey), an end-to-end digital asset financial services group based in Hong Kong, has announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion.
January 16, 2024