Asia

Topics discussed at the forum included Chinese e-commerce market, social media marketing trends, and the Sands Innovation Challenge.

At the event, details of the 3rd Hengqin International Scientific and Technological Innovation Entrepreneurship Competition were announced. It is a prestigious event designed to connect high-quality companies with the vibrant ecosystem of Hengqin Island in the Guangdong-Hong Kong-Macao Greater Bay Area.

Hong Kong-based gaming firm Animoca Brands has on Wednesday announced that it has joined the United States-based blockchain ecosystem Celo to accelerate Web3 adoption with sustainability and social impact.

Indian venture capital firm Blume Ventures has on Wednesday announced the first close of its new opportunity cum continuity fund, Fund 1Y. This is the firm’s third growth fund, and it has already raised INR 200Cr ($25 million) of the INR 400Cr ($50 million) target with visibility for the remaining corpus.

Swiss impact investor responsAbility has raised $106 million for its climate-smart agriculture and food fund that will invest in Asia Pacific, Latin America and Africa.

Anichess, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced the completion of an oversubscribed seed round that raised $1.5 million from investors including GameFiVentures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, Asymmetry Capital, and others.

Digantara, an India-based space situational awareness (SSA) company, announced Tuesday that it has raised $10 million in a Series A1 funding round to further develop its revolutionary Space-Mission Assurance Platform (Space-MAP).

The United States and Vietnam-based wearables sleep tech firm Earable Neuroscience has announced the completion of the investment process in its bridge round by Samsung Ventures at an undisclosed amount.

Indian financial services provider IndusInd Bank has on last Friday announced its partnership with global payment firm Wise to offer online inward remittance services to Non Resident Indians (NRIs) residing in United States and Singapore.

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, has signed a memorandum of understanding for a strategic partnership with Mitsui & Co., Ltd. (Mitsui) through a strategic investment.