Asia
Canada’s Tenstorrent raises $100M strategic up-round co-led by Hyundai, Samsung
Canadian chip startup Tenstorrent has announced that it has closed a $100 million strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund. The round also saw participation from Fidelity Ventures, Eclipse Ventures, Epiq Capital, Maverick Capital, and more.
Temasek to invest $145M in Indian Mahindra & Mahindra EV unit
Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd's electric vehicle (EV) unit for up to 3 percent stake.
Gobi Partners bolsters HealthTech portfolio to $11.8M in Greater Bay ASEAN
Pan-Asian venture capital firm Gobi Partners has bolstered its HealthTech portfolio with an aggregate investment of $11.8 million, spreading across 12 dynamic startups within China's Greater Bay Area (GBA) and Southeast Asia - or ‘Greater Bay ASEAN’.
Australian clean energy company MGA Thermal secures $8.25M funding to accelerate operations
Australian clean energy company MGA Thermal, has secured $8.25 million in funding as it prepares to scale its long-duration energy storage (LDES) solution. The fundraising effort attracted strong support from existing investors, including Main Sequence, Varley Holdings, Melt Ventures and New Zealand’s Climate Venture Capital Fund.
Binance receives operational MVP license in Dubai
Crypto asset trading platform Binance's Dubai subsidiary Binance FZE has become the first exchange to receive the operational minimum viable product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA).
Nomura’s crypto arm receives operating license from Dubai
Laser Digital Middle East FZE, Nomura’s Dubai-based digital asset subsidiary, announced Tuesday that it has received operating license approval from Dubai’s Virtual Asset Regulatory Authority (VARA) completing the final stage in VARA’s licensing process.
DFS partners Ant Group to enhance digital shopping experience for tourists via Alipay+
Hong Kong-based luxury products travel retailer DFS Group and Chinese conglomerate Alibaba Group affiliate Ant Group have announced a global strategic cooperation to enhance payments and marketing digitalization across DFS’ network of retail and online stores.
Binance launches new platform in Japan
Crypto asset trading platform Binance has launched Binance Japan, its new platform designed for the Japanese market. Binance believes this to be a significant milestone in the country’s Web3 journey and hope to deliver an unmatched crypto experience to its users in Japan.
Australia’s Plerion closes $10M seed round funding led by Prosus, Cercano, Atlassian Ventures
Plerion, an Australia-based cybersecurity company, has announced the closure of its seed round funding, raising $10 million led by Prosus Ventures, with participation from Cercano and Atlassian Ventures. The funding will fuel accelerated product development, talent acquisition, and go-to-market strategies as Plerion seeks to establish itself as a trusted…
Australia’s Plotlogic raises $28M in Series B funding co-led by Galvanize Climate Solutions, SE Ventures
United States venture capital heavyweights have backed the $28 million Series B funding round of Australian deep-tech mining company Plotlogic. Galvanize Climate Solutions, the climate-focused global investment firm founded by Tom Steyer and Katie Hall, and SE Ventures, the investing firm backed by French energy and automation giant Schneider Electric,…
