Asia

Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. Wavemaker Partners investment amounting to $1.1 million, marks its first in an India-incorporated tech company.

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced that it will collaborate with Ubisoft’s Strategic Innovation Lab to support its Web3 initiatives on Mocaverse, the marquee membership project by Animoca Brands.

New Zealand Kiwifruit brand Zespri has launched $2 million annual fund to accelerate sustainable innovation. Zespri said in a statement on Tuesday that the firm is establishing a new innovation funding initiative, known as ZAG.

Nium, the Singapore-based real-time global payments, and Jeonbuk Bank (JB Bank), a South Korean financial institution, have announced a partnership on global remittance service. Under the partnership, the duo will offer the global remittance service targeted at the 2.5 million non-Korean residents that live in South Korea.

Pakistan-based FinTech platform JazzCash and Pakistan’s venture capital (VC) company Fatima Gobi Ventures (FGV) have announced a strategic partnership that is poised to have a massive impact on advancing the growth of startups and budding businesses in the country.

Binance Labs, the venture capital and incubation arm of Binance has invested in $ARKM, the native token of Arkham. Binance Labs said in a statement on Wednesday that Arkham is an artificial intelligence (AI)-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.

Hong Kong-based game software firm Animoca Brands, Amazon cloud computing platform Amazon Web Services (AWS), and United States-based software solutions provider Polygon Labs have on Thursday announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and…

HashKey Exchange, Hong Kong’s licensed virtual asset exchange, has officially closed the deal with OneInfinity by OneDegree, a licensed insurer for digital assets in Asia. OneInfinity by OneDegree will provide insurance cover for digital assets stored in both hot wallet and cold wallet for HashKey Exchange, providing comprehensive coverage for investors.

Wize, a Dubai-based startup providing sustainable solutions for last-mile delivery, has raised $16 million in a pre-Seed funding round co-led by Mena-focused angel investors. The funds will be spent to enhance the company's presence in the United Arab Emirates (UAE) market, further product development and explore new partnership opportunities in the Middle…