Asia
India’s Kae Capital announces the final close of its Winners Fund II at $50M
Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.
Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar Digital
Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.
Animoca Brands subsidiary Darewise Entertainment seals strategic engagement with Horizen Labs
Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs for technical token, development, and consulting services.
IFC doubles investments in Pakistan to $1.5B
IFC's projects in Pakistan aim to provide much needed jobs, increase productivity in the private sector, enhance gender inclusion, and address the impacts of climate change.
Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia
The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.
Tencent Cloud launches inaugural Web3 Product Tencent Cloud Blockchain RPC for developers & enterprises
Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.
Vertex Ventures SEA & India completes Fund V’s final close at $541M
The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.
Embarking on a transformative journey at “Explore the Innovation Ocean” at HK Ocean Park, organized by Jumpstart & StartmeupHK
"Explore the Innovation Ocean" ensures an extraordinary voyage, seamlessly interweaving profound discussions, pioneering exhibitions, and unparalleled networking prospects. Notable among featured speakers, representing leading companies in their respective fields, are Dr. Jia Zou from Roblox, China, Alex Xu from Leyou Technologies, Dr. Sara Cheung from Asia…
Animoca Brands raises $20M for its Mocaverse project in funding round led by CMCC Global
The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands is also participating in…
Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub
The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or its investments in China.
