Asia
India’s agrifoodtech sector funding falls 33 percent in 2022 : report
The agrifoodtech startup ecosystem in India mirrored the global slump in venture capital funding in 2022, with funding dropped 33 percent to $2.4 billion in 2022, from $3.6 billion in 2021, a report showed last week.
India’s XFlow raises $10.2M in Pre-Series A funding led by Square Peg
XFlow, an India-based financial services and infrastructure company, has on Thursday announced that it has raised a Pre-Series A round of $10.2 million. The round was led by Square Peg with participation from Moore Strategic Ventures and existing investors Lightspeedand General Catalyst.
MoneyHero plans to go public via merger with Bridgetown
CompareAsia Group Capital Limited (MoneyHero), a Singapore and Hong Kong-based financial products platform, is planning to go public in partnership with Bridgetown Holdings Limited, a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital LLC.
Hyundai Motor Group partners LG Energy Solution to establish $4.3B battery cell factory in U.S.
South Korean automobile firm Hyundai Motor Group and battery company LG Energy Solution (LGES) have announced an electric vehicle (EV) battery cell manufacturing joint venture in the United States on Friday.
Sequoia-backed Circles forms joint venture with Middle East telco firm e& for digital services
Sequoia-backed Circles has on Thursday announced that it has entered into a strategic partnership with Abu Dhabi-headquartered telco firm telco firm e& international for digital services across its operating markets and beyond.
Metalpha’s Next Generation Fund I secures strategic investment from crypto leader
Metalpha Technology Holding Ltd, a Hong Kong crypto-based wealth management company, has on Thursday announced its Next Generation Fund I, formed in partnership with NextGen Digital Venture Limited, has secured a $5 million anchor investment from the world’s leading crypto company.
Gogoro partners Bikebank to launch smartscooters and battery swapping in South Korea
Gogoro Inc., the Taiwan-based technology firm in battery swapping ecosystems, has on Wednesday announced it was expanding its partnership with Bikebank in South Korea. The companies will introduce Gogoro smartscooters and battery swapping to Korean consumers in the third quarter of 2023 under the Dotstation brand, expanding their battery swapping network to…
India’s PhonePe secures an additional $100M investment from General Atlantic
Indian financial technology firm PhonePe has on Monday announced that it has secured an additional $100 million investment from General Atlantic, a global growth equity firm, as part of its ongoing fundraise.
Animoca Brands subsidiary Forj receives ApeCoin DAO approval to build first Bored Ape Yacht Club ecosystem accelerator
Forj, an Animoca Brands subsidiary and a Web3 technology firm, has been granted approval from the ApeCoin DAO to launch Ape Accelerator, an incubation platform for the Bored Ape Yacht Club (BAYC) community.
India’s Course5 Intelligence raises $55M funding led by 360 ONE Asset
India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence has on Thursday announced today that it is raising a round of funding of $55 million. 360 ONE Asset has led the round by investing $28 million in Course5.
