Asia
Falcon Edge, DST Global, D1 Capital and RedBird Capital lead $840M investment in India’s Dream Sports at $8B valuation
Dream Sports, has completed an investment of $840 Million at an $8 billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw participation from existing investors like TPG and Footpath Ventures, making it amongst the largest investments globally in the sports tech sector.
Animoca Brands’ subsidiary Quidd token raises $5M from Binance Smart Chain Growth Fund and others
Quidd, the digital collectibles company and a subsidiary of Animoca Brands, announced that the QUIDD token has raised a total of $5 million via private sale, pre-sale, and initial DEX offering (IDO), and is now available on PancakeSwap.
India fintech startup Velocity raises $20M Series A funding led by Peter Thiel’s Valar Ventures
Velocity has raised $20 million in Series A funding led by Peter Thiel’s Valar Ventures. Other investors who participated in the round include Presight Capital, Utsav Somani’s iSeed, Maninder Gulati (Oyo), Zac Prince (BlockFi) and Philippe De Mota (Hedosophia). Armed with capital, the start-up has set its sights high and aims to deploy over Rs.1,000 Crores…
UK digital payment firm raises $10M led by Inference Partners to expand to Europe and Asia
Pomelo Pay has raised $10 million in a Series A round led by Inference Partners. The investment will allow the company to expand its presence across global markets including Europe and Asia, starting with plans to double their workforce in London, Singapore, Vietnam, Thailand, and the Philippines.
Australia’s Airwallex raises additional $100M in Series E1 led by Lone Pine Capital, valuation reaches $5.5B
The funding comes just a month after Airwallex announced an oversubscribed Series E round as the company looks to accelerate its global expansion plans. This latest round takes Airwallex’s total Series E fundraising to $300 million, with $802 million raised in total.
Australian e-bike player Zoomo raises $60M Series B funding to lead commercial e-bike industry
Zoomo has raised $60 million in Series B funding led by Grok Ventures. It will use the funds to expand its operations into new cities and countries, deepen software integration with its customers, and finalize development of the firm’s next-generation vehicles.
Kazakhstan car aftersales platform raises $700,000 funding led by Singapore’s Quest Ventures
CTOgram has raised $700,000 funding led by Quest Ventures. The investment will speed up the adoption of CTOgram across the region and thereby provide extensive support to drivers everywhere.
Japan’s Olympus Corporation launches $50M venture capital fund to strengthen MedTech leadership
Olympus Corporation has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes, reduce healthcare costs and enhance the quality of life for patients.
Hong Kong’s Animoca Brands and South Korea’s Cube Entertainment form joint venture for K-pop music metaverse and NFTs
Animoca Brands and Cube Entertainment (Cube Ent) announced a joint venture for the purposes of building a music metaverse, and issue non-fungible tokens (NFTs) and ecosystem tokens based on the intellectual property rights of Cube Ent’s globally popular K-pop music artists and actors.
Taiwan data governance startup FST Network raises $2.9M in Seed funding round
FST Network aims to deliver a comprehensive set of tools for data governance, management, and lineage, and this investment will be used to accelerate the company’s rapid growth, enhance product development and expand sales and marketing efforts.
