Asia
Japan’s Gacha Monsters raises $3M seed funding from Animoca Brands to develop immersive intellectual properties
Gacha Monsters, a Japan-based entertainment and gaming company developing titles for a new generation of gamers, has on Friday announced the completion of a $3 million seed investment round from Animoca Brands, Infinity Ventures Crypto, FBG, and Big Time Games.
Animoca Brands raises additional $11.88M in second tranche of funding for Mocaverse
Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Friday announced a second tranche of funding of $11.89 million for its non-fungible token (NFT) collection Mocaverse, following a first tranche investment of $20 million announced previously.
Insurers, insurance asset managers expect a wave of M&A activity to hit Singapore and Hong Kong in 2024, says Clearwater Analytics
Insurers and insurance asset managers are expecting a wave of merger and acquisition (M&A) activity to hit Singapore and Hong Kong in 2024, as the region echoes the wider global industry trend towards consolidation, Clearwater Analytics said Tuesday.
Hong Kong’s Klook raises $210M in funding led by Bessemer Venture
Klook, the Hong Kong-based platform for experiences and travel services, announced Thursday that it has successfully completed a $210 million financing, supporting business growth and fortifying financial stability. The equity round is led by Bessemer Venture Partners, with participation from BPEA EQT, Asia investment funds Atinum Investment and Golden…
UK-IFC’s MAGC receives $45M in funding expansion to support green construction practices in emerging economies
The United Kingdom Government has announced an expansion of funding for climate projects, including the UK-IFC Market Accelerator for Green Construction (MAGC) Program, to significantly elevate green construction practices in over 20 emerging and developing economies. This expansion will provide an additional £36 million ($45.15 million) to the program.
Demand for AI roles is expected to increase in 2024, says Glints
The demand for artificial intelligence (AI) roles is expected to increase in 2024, with top three roles being sought after are artificial intelligence (AI) engineer, AI mentor or trainer, data scientist and analyst, Southeast Asia talent platform Glints said in a report on Tuesday.
SoftBank buys 51 percent stake in car software firm Cubic Telekom for $512M
Japanese telecommunications and information technology (IT) firm SoftBank Corp. has inked deal to acquire 51 percent stake in Dublin-based car software firm Cubic Telekom Ltd. for approximately EUR 473 million ($512 million).
CoreEL Technologies secures $16M funding from 360 ONE Asset
360 ONE Asset Management Limited (formerly known as IIFL Asset Management Limited) (360 ONE AMC) has committed to invest $16 million in CoreEL Technologies (India) Private Limited (CoreEL), an India-based technology development, systems engineering and products manufacturing company focusing on aerospace and defence segment.
Queensland Investment Corporation sets up Singapore office to boost partnerships across Asia
Queensland government-owned investment firm Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on Asian-based institutional investors.
ACP, IFC, MAS and Temasek establish green investments partnership in Asia
Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects in Asia, with an initial focus on Southeast Asia.
