Asia
Hong Kong’s Gusto Collective completes seed plus financing round of $11M
Gusto Collective, Hong Kong-based BrandTech holding company, said Thursday it has raised $ 11 million in its seed plus funding round led by Animoca Brands and Gaw Capital. The oversubscribed round also received participation from BlackPine, YCI Limited, and several existing shareholders including ClearVue Partners. With the completion of this round, the…
SC Ventures and SBI Holdings sign MOU to speed up portfolio expansion and build ecosystems
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc. SC Ventures aims to expand their portfolio at a business and geographic level and to explore new ecosystems through this partnership.
Taiwan’s Gogoro to launch battery swapping platform & smartscooters in Israel
Gogoro Inc., a Taiwan-based battery swapping ecosystems provider, announced Thursday it was partnering with Israeli two-wheel vehicle distributor Metro Motor and Israeli gas and energy company Paz Group to launch its battery swapping platform and smartscooters in the Tel Aviv metropolitan area this summer and other cities in Israel in the future.
South Korea’s oHouse raises $182M Series D funding from SoftBank Ventures Asia and others
oHouse, a South Korean home furnishing and remodeling unicorn, announced Friday that it has raised $182 million Series D funding from prominent global investors to power the global growth of its groundbreaking lifestyle platform. The funding came investors including SoftBank Ventures Asia, BRV Capital Management, Vertex Growth which is anchored by…
SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round
SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.
The K-Startup Grand Challenge 2022 opens its doors to Southeast Asia, Australia & New Zealand
Applications opened on Apr 15, 2022 and will close on May 31, 2022 for startups keen on the opportunity to work and build a strong foundation in South Korea.
Airwallex rolls out more global payments services in Singapore with virtual business cards and card expenses launch
After officially entering the Singapore market in January, global fintech firm Airwallex continues to progressively roll out key offerings in its global payments suite with Tuesday’s launch of its Airwallex Borderless Card and integrated expense management solution.
India’s 9Unicorns announces fifth closure of its maiden fund at $100M
9Unicorns, an India-based early-to-growth stage accelerator fund, on Sunday announced the fifth closure of its maiden fund at $100 million. The company plans to invest $500,000 to $1 million in the idea stage and, up to $2 million in high-growth stage Series C and above startups this year with a focus on DeepTech, Enterprise SaaS, Web 3.0, FinTech, Media,…
Cake DeFi partners with FACEIT in multi million dollar deal to allow gamers to earn cryptocurrency
Cake DeFi, a Singapore-based crypto fintech platform, announced Friday a multi-million dollar partnership with FACEIT, a United Kingdom-based platform for competitive online gaming, to allow users to earn cash flow from their crypto.
