Asia

Candi solar, a clean energy company specializing in solar power solutions for commercial and industrial (C&I) clients, has on Monday announced the successful funding round, securing $38 million in equity investment.

Anterior, the Australia-based insurtech startup, has on Monday announced the completion of a $20 million Series A funding round. The funding round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo.

Robin Zeng, founder, chairman, and CEO of Contemporary Amperex Technology Co., Limited (CATL), shared his vision at the opening ceremony of BEYOND EXPO 2024.

This event drew global investment leaders to Macao to delve into key themes reshaping the future of investment amidst today’s complex financial landscape. The summit highlighted the significant influence of investment and innovation on the future, positioning itself as a pivotal platform for groundbreaking discussions and collaborations.

The Sandbox, a user-generated content (UGC) metaverse platform of Hong Kong-based Animoca Brands, announced Thursday that it has raised $20 million of convertible promissory notes with a $1 billion valuation cap.

Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform at its core.

Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.

Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual Ventures.

Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.

Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.