Asia

India’s HighXP raises $2.2M in seed funding led by 3one4 Capital

HighXP, an India-based casual gaming studio building social games, has raised $2.2 million in seed funding. The funding was led by 3one4 Capital with participation from Prime Venture Partners and Gemba Capital.

Quest Ventures-backed ApartX raises $250,000 in oversubscribed series seed round

ApartX, a Quest Ventures-backed property technology startup focused on rental property management, has on Wednesday announced that it had secured seed funding of $250,000 from Kazakhstan-based Big Sky Capital and Activat VC.

Hong Kong’s Finblox launches tokenized US T-Bills with OpenEden

Finblox, a Hong Kong-based crypto superapp backed by Dragonfly and Saison Capital, has announced the launch of tokenized rights to US Treasury Bills (T-Bills) in partnership with OpenEden, a firm that operates the first smart contract vault to offer 24/7 access to U.S. Treasury Bills.

Tap into the Potential of China’s Revitalized Greater Bay Area with TechNode Global

TechNode Global is thrilled to present two tech forums in Seoul and in Singapore, aiming to unlock the potential of China's revitalized Greater Bay Area. The forum will bring together industry leaders, entrepreneurs, and professionals to explore opportunities for expansion, networking, and knowledge sharing.

Asian digital media firm TNL Mediagene to list in United States via SPAC merger

TNL Mediagene, a Taiwan-based digital-media company, and Blue Ocean Acquisition Corp, a special purpose acquisition company, have announced a definitive agreement for a business combination that is expected to result in TNL Mediagene becoming a publicly traded company in the United States.

Indian EV startup River raises $15M in funding deal led by Al Futtaim

Indian electric vehicle (EV) manufacturer River has raised a $15 million investment round led by Dubai's multinational powerhouse, Al Futtaim Group. The fresh funding will bolster the firm's growth, priming its manufacturing and distribution networks for an August 2023 delivery kick-off.

India’s Course5 Intelligence completes fund raise of $53M with second close led by Nuvama Private Equity

India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence, announced Tuesdasy that it has successfully completed its round of funding of $53 million with second close led by Nuvama Crossover Series of funds, managed by Nuvama Asset Management Limited.

TuSimple’s autonomous trucks commence testing on expressway in Japan

TuSimple Holdings, Inc. (TuSimple), a global autonomous driving technology company, has on Monday announced it has begun Level 4 autonomous test runs on Japan's most critical freight corridor that connects the major cities of Tokyo, Nagoya, and Osaka.

India’s internet economy to reach $1 trillion by 2030, says report

A continued shift in consumer behavior and evolution of the business ecosystem will underpin the growth of India’s internet economy, from approximately $175 billion of consumption in 2022 to about $1 trillion by 2030, according to a report revealed on Tuesday.