Asia
Sustainable Fitch: Asia’s electric vehicle ecosystem to benefit from climate goals and demand growth
Asia’s role as a hub for electric vehicle (EV) manufacturing activity will be supported by regional demand growth for low-emissions transportation, said Sustainable Fitch in a new report on Thursday.
ORIGIN Innovation Awards Leads the Path to a Sustainable and Responsible Future on its 4th Year
TNGlobal (formerly TechNode Global) announces the fourth edition of its #ORIGIN Innovation #Awards with the theme “Leading the Path to a Sustainable and Responsible Future.” This year’s awards will have a continued focus on how innovations are making an impact on sustainable development goals, celebrating and showcasing the remarkable endeavors of…
RFI : Singapore sees more rapid growth in the percentage of heavy digital users as compared to Hong Kong
While Singapore and Hong Kong are seen as global epicenters for technology and finance, RFI Global said that Singapore has seen more rapid growth in the percentage of heavy digital users.
ADB unlocks $100B new funding to support Asia and the Pacific to tackle climate crisis
The Asian Development Bank (ADB) has on Friday approved capital management reforms that unlock $100 billion in new funding capacity over the next decade to address the region’s overlapping, simultaneous crises. The expansion of available funds will be further leveraged through mobilizing private and domestic capital to move from the billions to trillions…
Animoca Brands Japan partners Drecom to expand Web3 gaming
Animoca Brands Japan, a strategic subsidiary of global Web3 company Animoca Brands, will be commencing full-scale efforts to support the global expansion of Japan's web3 gaming sector, starting with a partnership with gaming app Drecom Corporation.
Antler India approaches final close of maiden $75M pre-seed fund
Early stage investment platform Antler in India has closed commitments of INR 500 crores ($60 million) and is approaching the final close of its maiden INR 600 crores ($75 million) pre-seed fund. The fund is significantly oversubscribed on its base corpus target, and is now completing the exercise of the greenshoe portion to reach nearly double the initial…
Australian AI startup Neara closes $24M Series B funding from Prosus Ventures and others
Neara, an Australia-based infrastructure modeling platform, has closed $24 million Series B funding from Prosus Ventures and its existing investors, Skip Capital and Square Peg Capital.
Taiwan’s Foxconn invests in US-based AI firm Kneron’s $49M additional round
Kneron, the San Diego-based full-stack artificial intellingence (AI) company, has on Tuesday announced $49 mlllion in strategic funding from investors including Foxconn, HH-CTBC Partnership (Foxconn Co-GP Fund) and Alltek, bringing its total Series B financing to $97 million. The full round was led by Horizons Ventures, with participation across several…
LexisNexis : Global financial crime compliance costs for financial institutions totals more than $206B
Global financial crime compliance costs for financial institutions totals more than $206 billion, according to LexisNexis® Risk Solutions released on Wednesday. The cost is comparable to more than 12 percent of global research and development (R&D) expenditure and equates to $3.33 per month for each working-age individual on earth.
VR46 Metaverse, Animoca Brands, Gravitaslabs join forces to build innovative Web3 experiences for motorsport enthusiasts
Valentino Rossi's company VR46 Metaverse, Hong Kong-based gaming firm Animoca Brands and its subsidiary Gravitaslabs have joined forces to build innovative Web3 experiences for motorsport enthusiasts. VR46 Metaverse has announced a partnership with Animoca Brands and Gravitaslabs to jointly explore innovative gaming and Web3 activations across metaverse…
