Asia
India conversational automation firm Uniphore bags $400M Series E funding, valuation climbs to $2.5B
Uniphore nnounced Wednesday its Series E funding round of $400 million. The round, which brings its total funding to more than half a billion ($610 million) is led by American-based venture capital firm New Enterprise Associates (NEA) and raises the company’s valuation to $2.5 billion, March Capital and other existing Uniphore investors along with new…
Hong Kong event SaaS firm EventX raises an additional $8M led by GL Ventures
EventX has raised an additional $8 million in Series B plus funding, bringing the company’s Series B total to $18 million. The funding was led by GL Ventures, with participation from other investors. The new funding will go towards financing potential acquisitions, strengthening its international operations and expanding the company’s presence in Asia,…
Leveraging AI to create safer, ESG-compliant construction sites [Q&A]
viAct, an AI construction tech (contech) startup based out of Hong Kong, automates construction monitoring using a combination of computer vision, edge devices and a mobile app.
Animoca Brands Japan begins operations, bags seed round of $10M
Animoca Brands announced Tuesday it has begun operations in Japan with the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan), which has completed a raise of ¥1.1 billion ($10 million) of funding in its seed round. Animoca Brands Japan will use the new capital to expand its business in Japan with the goal to enhance the reach of…
Animoca Brands, Brinc launch new $30M Guild Accelerator Program
Animoca Brands has partnered with Brinc to launch the Guild Accelerator Program to build and grow the play-to-earn (P2E) guild ecosystem globally. The new acceleration program offers a total investment capital of up to $30 million over two years.The Guild Accelerator Program aims to enable millions of people around the world to generate income by…
India bans 54 Chinese apps on ‘security concerns’ – report
Since June 2020, the Indian government has banned around 224 Chinese apps.
Hong Kong fashion NFT platform BNV raises $4M Series A funding led by Animoca Brands
Brand New Vision Ltd (BNV), the company behind BNV.ME, the platform taking fashion into Web3.0 through 3D Product Creation, non fungible token (NFT) sales, and Future Wearability, has successfully completed a $4 million Series A funding round led by Animoca Brands. This funding round also included a number of influential funds and individuals including…
Crypto exchange Binance to invest $200M in Forbes
Binance will make a $200 million strategic investment in United States (US) media firm Forbes. The strategic investment will be through Binance’s assumption of subscription agreements representing $200 million of commitments in the $400 million private investment in public equity (PIPE) that was previously announced along with Forbes’ intention to go public…
Binance and Netmarble F&C sign MoU for strategic partnership to build a global P2E and NFT ecosystem
Binance has announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership with Netmarble F&C, to build a global Play to Earn (P2E) ecosystem and non-fungible token (NFT) offering. Through the strategic partnership, the two teams will develop and contribute to the infrastructure of Binance Smart Chain (BSC) through BSC…
Singapore’s fintech investment tops $3.94B in 2021 as interest in crypto and blockchain surges, says KPMG
Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021, a 37 percent increase compared to 2020’s deal count (139 deals) and a 91 percent increase from 2019’s figures (100 deals), said a KPMG report on Tuesday.Total transaction value in Singapore also surged by 59 percent year-on-year at $3.94 billion, across venture capital (VC),…
