Asia
X-PITCH 2022 Global TOP150 announced
150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries.
True Global Ventures invests a total of $38M in Hong Kong’s Animoca Brands
The True Global Ventures (TGV) 4 Plus Fund and Follow On Fund have invested in total $38 million including $16 million of secondaries into Hong Kong-based Web 3 firm Animoca Brands during the second quarter and third quarter of 2022.
India’s Bhanzu secures $15M Series A funding led by Eight Roads Ventures
Bhanzu, an India-based math learning platform, announced Thursday that it has raised $15 million in Series A funding led by global investment firm Eight Roads Ventures. Another global investor B Capital, also invested in the round from its Ascent Fund.
Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business
Alibaba Cloud commits to $1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.
Hong Kong’s The Sandbox collaborates with Taiwan’s Softstar to boost Web3 ecosystem
The Sandbox, a decentralized gaming virtual world and subsidiary of Hong Kong-based Animoca Brands, has announced its collaboration with Softstar Entertainment Inc. (Softstar), an iconic Taiwanese brand of classic personal computer (PC) games.
Malaysia’s respond.io raises $7M funding led by Headline Asia
Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline Asia with participation from AltaIR Capital, Smart Partnership Capital, Sterling Oak Group & Calendula Ventures.
Allianz Malaysia joins Gobi Partners’ Malaysia-focused SuperSeed II Fund
Pan-Asian venture capital (VC) firm Gobi Partners announced Tuesday the closing of its $10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz Malaysia Berhad (Allianz Malaysia) as a Limited Partner (LP).
Carro expands to Japan through partnership with Softbank
Singapore-based used car marketplace Carro on Tuesday announced its expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). As part of its entry, CARRO JAPAN Co., Ltd. (CARRO JAPAN) aims to introduce its full suite of services, such as subscription-based services and car leasing.
Sequoia India and Southeast Asia’s Surge back US’s TrueFoundry $2.3M seed funding
TrueFoundry, a United States-based machine learning (ML) developer platform, announced Tuesday its $2.3 million seed funding led by Sequoia India and Southeast Asia’s Surge. Other participating investors include Eniac Ventures and prominent angels like AngelList Co-Founder Naval Ravikant.
Indian EdTech firm upGrad acquires corporate training solutions provider Centum Learning
UpGrad, an India-based higher edtech company has announced the 100 percent acquisition of corporate training solutions leader Centum Learning (Centum) in a share swap deal.
