Asia
Plant-based leather startup PEEL Lab aims to replace 1% of existing leather market by 2030, says Co-Founder [ORIGIN Innovation Awards Q&A]
A winner of the ORIGIN Innovation Awards 2022: Startup Leader of the Year — Startup Trailblazers award, PEEL Lab Co-Founder Jim Huang noted that millennials and GEN-Z are looking for eco-friendly products and brands. The startup hopes to make its leather affordable and accessible to everyone.
South Korea’s SK Telekom partners Singapore’s Singtel to grow metaverse business in APAC
SK Telecom (SKT) has on Tuesday announced that it had signed a memorandum of understanding (MOU) with Singapore-based communications technology group Singtel, to jointly grow the metaverse business in countries where the group operates in, starting with Singapore.
The GrowHub partners ManukaLife to distribute honey products in Southeast Asia, China, helped by Web3 tech
Singapore’s one-stop farm-to-table solution for food traceability and data analytics The GrowHub Innovations Company (The GrowHub) has on Friday announced its strategic partnership with ManukaLife, a Western Australia’s high-grade manuka plantation developer and producer of premium-grade manuka products. The GrowHub will be ManukaLife’s appointed…
Singapore’s SC Capital Partners teams up ADIA to form Asia Pacific data center investment program
SC Capital Partners Pte Ltd, the Singapore-headquartered private equity real estate fund manager, has announced the formation of a data centre investment program with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). SC Capital Partners has secured commitments for the new mandate from ADIA, with the ability to scale up over time to $2…
India’s Kae Capital announces the final close of Fund III at $96M
Kae Capital, a venture capital firm in India, announced Friday that it has closed its Fund III, raising INR 767 Cr ($96 million).Some of the leading international institutional investors who have backed this fund are Old Mutual Wealth, Velo Partners, and Finext, whilesome of the Indian investors are HDFC Holdings and SIDBI.
South Korea’s Paycoin partners Singapore’s TripleA for global crypto payments
Paycoin, a crypto payments company based in South Korea, has kickstarted its expansion into the global crypto payments market through a partnership with Singapore-based crypto payment firm TripleA. Payprotocol AG, the issuer of Paycoin (PCI) has on Friday announced a memorandum of understanding (MOU) with TripleA, to collaborate on building a global crypto…
The Sandbox opens new virtual neighborhoods themed around 14 major brand partners with three LAND sales
The Sandbox, a Hong Kong-based decentralized metaverse and a subsidiary of Animoca Brands, has on Tuesday announced the sale of over 1,900 LAND parcels, where future LAND owners will truly own and be neighbors with a selection of 14 brands and celebrities, starting November 24.
Hong Kong’s Hex Trust gets licence for virtual assets services in Dubai
Hex Trust, the Hong Kong-based fully licensed and insured provider of bank-grade custody and associated services for digital assets, has received the minimum viable product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The MVP license will allow the firm to provide a wide range of virtual asset services to institutional clients and…
India’s RedBrick AI raises $4.6M seed funding led by Surge, Sequoia Capital India and Southeast Asia
Indian health-tech artificial intelligence (AI) platform RedBrick AI has on Wednesday announced a $4.6 milion seed funding round to accelerate the development and adoption of artificial intelligence in clinical settings, through rapid data annotation on medical imagery. The round was led by Surge, Sequoia Capital India, and Southeast Asia’s rapid scale-up…
