Asia
New report reveals $330B/year opportunity in emerging market green investments
Dozens of green technologies are now lower cost than incumbent technologies across the emerging world, sparking a wave of new green investments that could potentially reach $330B per year over the next decade and spur green development, said a report on Thursday.
LeapFrog, Temasek, EIB join forces to deliver $500 million pledge for green solutions
LeapFrog Investments, the profit with purpose firm based in United Kingdom, has announced investment from Temasek and support from the European Investment Bank for its strategy to deploy $500 million to address climate change in Africa and emerging Asia.
India and Southeast Asia’s climate tech sector projected to hit $350B by 2030: Report
The market size for climate tech in India and Southeast Asia (SEA) in 2023 is $102 billion and is expected to grow to $350 billion by 2030, at compound annual growth rate (CAGR) of about 20 percent, according to a report revealed on Wednesday.
Australia’s Happenco closes $12M fund, backing earliest stages founders
Australian venture investment and advisory firm Happenco has on Thursday announced the close of its first fund, raising $12m to empower earliest-stage startups to build bold companies. The fund is led by Ben Cheyne, (ex. Deloitte Ventures), Gideon Gut-Silverman (ex. McKinsey, Google), and Omar Varts (ex. Deus Ex Machina), who bring a breadth of knowledge…
COMEUP 2023 concludes with a grand finale, attracts 66,000 participants from 35 countries
Representatives from 35 countries, including Saudi Arabia, UAE, the United States, France, Austria, Hong Kong, Senegal, and Cambodia, engaged in COMEUP 2023. The festival served as a dynamic platform for startups, investors, government agencies, and global corporations, fostering international collaboration.
Switzerland’s responsAbility launches $500M climate investment strategy for Asia
In response to rising carbon dioxide emissions in Asia, global impact firm responsAbility Investments AG (responsAbility), together with Germany's development bank KfW and the Dutch development bank FMO, has launched a $500 million climate investment strategy.
Animoca Brands invests in TON Blockchain and becomes its largest validator
TON Foundation announced Tuesday that Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has become the largest validator of The Open Network (TON) Blockchain.
Animoca Brands announces sold-out Season 2 of TinyTap Publisher NFTs; generates $333,907 revenue for educators
Hong Kong-based gaming firm Animoca Brands has on Monday announced that Season 2 of Publisher non-fungible tokens (NFTs) has sold out, and has generated $333,907 for 168educators. The Season 2 sale of 720 Publisher NFTs, which are created by its subsidiary TinyTap, an edtech platform for educational games, and hosted and facilitated by Open Campus, a…
India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures
Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.
Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud
Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer engagement channels with generative artificial intelligence (AI) from Google Cloud.
