Asia

We talked to James Tan, Managing Partner at Quest Ventures, to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Klook, a Hong Kong-based platform for experiences and travel services, has on Tuesday announced $100 million in funding led by the global growth investment firm Vitruvian Partners.

Asia Pacific and Japan (APJ) hyperscale data center specialist AirTrunk has announced plans to develop its second cloud and artificial intelligence (AI)-ready data center in Malaysia, named AirTrunk JHB2 (JHB2) located in Iskandar Puteri, Johor region.

Hivello, a DePIN aggregator that enables users to earn by monetizing idle computer resources across multiple decentralized networks, has announced that Animoca Brands, the Hong-based company driving digital property rights to help build the open metaverse, is leading its current funding round.

Venturi Partners, a Singapore-based consumer fund, has announced a $25 million investment in Just Quick Run (JQR), an India-based emerging brand in the affordable footwear segment.

Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial Group (MUFG), have announced a strategic partnership via Carsome Capital Sdn. Bhd., the financing arm of Carsome.

East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund.

Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective.

CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).

CapitaLand Investment Limited (CLI), a Singapore-based global real asset manager, has acquired a freehold land parcel in Osaka to develop its first data center in Japan which will entail a total investment of more than $700 million.