Asia

VOLY has raised AU$18 million ($12.89 million) in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. This funding round will enable VOLY to continue to scale, expand the team, rapidly increase operations across key urban centres and start…

Juspay has announced $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.

The company said the timing is just right as it believes that Southeast Asia is on the verge of producing many more great tech companies in years to come.

NIKE, Inc. has acquired RTFKT, a C Ventures-backed brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming. This acquisition is another step that accelerates Nike’s digital transformation and allows the group to serve athletes and creators at the intersection of sport, creativity, gaming and…

Brinc announced the closing of its $30 million Series B fundraise and a further $100 million for startup investments, led by Hong Kong unicorn Animoca Brands. The new capital will fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate partners to leverage funds, accelerators and bespoke-deal…

Zoomcar announced its launch of operations in the Philippines. The company plans to invest $25 million across the Philippines in the next 12 months to fuel its expansion in the country. In its recent push into the Southeast Asia region, the company appointed Gene Angelo Ferrer as its country head in the Philippines to help scale their business. The company…

The company was said to be among some 170 firms that applied to the Monetary Authority of Singapore for a permit to offer cryptocurrency services.

Finder has secured its first external funding of A$30 million ($21.52 million) since its inception in 2006. The specialist technology growth investor Future Now Capital has committed the fund which kicks off the capital raise process for Finder after 15 years of being bootstrapped.

Brandverse has successfully raised an undisclosed multi-million dollar amount to launch its Chikoo app. The seed round was led by the JS Group and observed follow-on participation from seed investors, regional family offices and operator angels. With this round, Brandverse will further strengthen its Chikoo app which enables both offline, hyper-local, and…

The Sandbox offers virtual real estate, called LAND NFTs, in the open metaverse. Cheng's LAND will be one of the biggest plots in The Sandbox, and form part of the ‘Mega City’ virtual world, which will include his Innovation Hub. The landmark of the Innovation Hub will be the GBA Pavilion, a vibrant center propagating creativity and futuristic vision to…