Asia

Google-backed South Korean edtech startup Mathpresso secures extended series C round

South Korea-based edtech startup Mathpresso announced Tuessday it has completed a Series C extension round, which brings the round’s total to approximately $70 million. The newest round was participated by Signite Partners – a corporate venture capital arm of Shinsegae Group and YBM – one of Korea’s largest education management companies.

South Korea’s SOOHO.IO secures $4.5M Series A+ from Woori Technology Investment

SOOHO.IO, the South Korea-based DeFi infrastructure service provider, is announcing $4.5 million in a Series A+ funding round from Woori Technology Investment Co Ltd. The funding will accelerate SOOHO.IO goal to become the SWIFT for Web3 in the Korean blockchain industry.

Gogoro supports Taiwanese government’s decision to extend electric two-wheel vehicle subsidy

Gogoro Inc., a Taiwan-based technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced Tuesday its support for the Taiwan government’s decision to extend its electric two-wheel vehicle subsidy program for four additional years.

Malaysia’s Wellous to list on NASDAQ in merger with Malaysia-based SPAC Kairous Acquisition

Founded in 2016, Wellous is a health food and nutrition company that develops, manufactures, markets and distributes trusted and beneficial health and wellness products. The company said it offers only the best of nature, the most precious ingredients from a wide sourcing network. Based in Malaysia, Wellous’s products and services are distributed through…

Animoca Brands and TinyTap to disrupt education with auction of second set of Publisher NFTs

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, and its subsidiary TinyTap, the platform for user-generated educational games, announced Tuesday that the second series of teacher-authored Publisher non-fungible tokens (NFTs) will be auctioned on OpenSea starting at 19:00 (EST) on 15 December.

Australia’s Avarni raises $3M led by Main Sequence to speed up decarbonization efforts

Australian carbon management startup Avarni has raised $3 million to streamline the future of carbon management. The round is the second fundraising since founding and was led by deep tech venture firm Main Sequence, along with existing investors Vulpes Ventures and Common Sense Ventures.

India’s Uniqus Consultech raises $12.5M Series A funding led by Nexus

Uniqus Consultech Inc., an India-based tech-enabled global platform that offers environmental, social, and governance (ESG) and accounting and reporting consulting, has on Friday announced the launch of its operations by raising $12.5 million in Series A funding for a minority stake sale. Nexus Venture Partners, a leading Silicon Valley-India venture…

Wasabi Technologies completes Series D round with $15M in new funding

Wasabi Technologies, the United States-based hot cloud storage company, has on Thursday completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures.

India’s AlgoBulls raises $2M Pre-Series A funding led by Venture Catalysts

AlgoBulls, an India-based fully automated algorithmic trading platform and fixed-income securities distribution platform for retail market participants, has raised $2 million investment in a Pre-Series A round funding led by Venture Catalysts group, India’s integrated incubator and a leading early-stage investment platform for startups.