Asia

India’s Phyx44 raises $1.2M seed fund led by Better Bite Ventures

Phyx44, the first full stack precision fermentation startup in India, said Thursday it has raised $1.2 million seed fund to develop animal-free milk proteins and fats for use in dairy products. The funding round was led by Better Bite Ventures and participated Ahimsa VC, PeerCapital, Spectrum Impact, Rohit Gulati (Managing Director and Partner at Boston…

India’s CureBay raises $6.12M Series A funding led by Elevar Equity

CureBay, an India-based health-tech platform, said Thursday it has raised INR 50 crore ($6.12 million) in a Series A funding round led by Elevar Equity. With plans to launch 100 eClinics in the next 12 months, the capital will be invested into acquiring skilled talent, expanding to new locations, and further strengthening the tech platform and care delivery…

India’s Dhiway raises $1M pre-seed funding from Cornerstone Venture Partners Fund and SUNiCON Ventures

Dhiway, an India-based blockchain startup, announced Monday it has raised $1 million in a pre-seed round led by Cornerstone Venture Partners Fund, SUNiCON Ventures and existing shareholders.

Animoca Brands partners Arevo to produce NFT-centric carbon fiber bikes

United States 3D-printing firm Arevo, Inc. has partnered with Animoca Brands to produce a line of custom carbon fiber bikes inspired by and decorated with individually owned non-fungible token (NFT) artwork.

Vietnam’s VinES and US’s Li-Cycle launch global battery recycling partnership

VinES Energy Solutions (VinES), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, and Li-Cycle Holdings Corp., an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, on Thursday announced…

Gogoro partners Zypp Electric to launch battery swapping B2B pilot in India

Gogoro Inc., a Taiwan-based battery-swapping refueling platform provider, announced Thursday a strategic business to business (B2B) initiative and partnership with Zypp Electric, an India-based electric vechile (EV)-as-a-Service platform. The companies plan to Launch a battery swapping B2B pilot in Delhi in December that will enable last mile delivery…

South Korea’s Wemade secures $46M investments from Shinhan, Kiwoom and Microsoft

South Korean gaming firm Wemade, has secured KRW 66 billion ($46 million) investments from Shinhan Asset Management, Kiwoom Securities and Microsoft Corporation on Wednesday.

SPORTFIVE partners Be Media, Animoca Brands to launch first NFT digital collectibles for ASEAN football

Global sports marketing agency SPORTFIVE and Be Media, a subsidiary of Animoca Brands, announced on Thursday a partnership to jointly launch Onside, the first non-fungible tokens (NFTs) digital collectibles for the AFF Mitsubishi Electric Cup 2022, ASEAN’s premier football tournament that will take place from December 20, 2022 to January 16, 2023.

Blackbird raises Australia’s largest venture capital fund at over $640M

Australian venture capital firm Blackbird said Wednesday it has raised Australia’s largest venture capital fund at just over AUD$1 billion ($640 million) in committed capital. The fund, consisting of a AUD$284 million ($180.77 million) core fund, AUD$668 million ($425.2 million) follow-on fund and NZ$75 million ($43.76 million) dedicated New Zealand fund.

Petronas, Accenture, Amazon Web Services collaborate to commercialize digital logistics platform

Petronas, Accenture and Amazon Web Services (AWS) are collaborating to evaluate commercialisation opportunities globally for the cloud-based logistics solution and services platform STEAR.