Asia
Animoca Brands becomes official AWS Activate Provider to accelerate Web3 development
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Wednesday that it has become an official AWS Activate Provider, enabling it to offer to its portfolio companies the tools, resources, content, and expert support to build on AWS and accelerate development for Web3 products and services.…
Animoca Brands partners CyberConnect to build decentralized social layer for Mocaverse
CyberConnect, a United States-based Web3's social network, has entered into a memorandum of understanding (MoU) for a strategic partnership with Animoca Brands, the Hong Kong-based gaming and metaverse firm, to build a decentralized social layer for Mocaverse, the non-fungible token (NFT) collection of the Animoca Brands ecosystem.
Hong Kong’s Xverse raises $5M in seed funding round led by Jump Crypto
Hong Kong-based bitcoin wallet Xverse has raised $5 million in seed funding round led by Jump Crypto. The round also saw participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos…
South Korea’s SK Telekom invests $100M in US’s Anthropic to promote AI innovation
South Korea's telecommunications operator SK Telekom （SKT） has on Monday announced that it is investing additional $100 million in Anthropic, an artificial intelligence (AI) safety and research company based in San Francisco. This follows the previous investment from SK Telecom Venture Capital (SKTVC), the Silicon Valley-based venture capital arm of……
Taiwan’s Gogoro posts lower net loss of $5.6M in second quarter
Taiwanese battery-swapping refueling platform Gogoro saw its net loss for the second quarter of 2023 fall to $5.6 million from $121.1 million a year ago. The group registered a revenue of $87.2 million in the second quarter, down 3.8 percent year-over-year but up 0.2 percent year-over-year on a constant currency basis.
Malaysia’s Solarvest eyes further expansion in Taiwan’s clean energy market
Malaysian clean energy firm Solarvest Holdings Berhad has on Friday established a new wholly-owned subsidiary, Solarvest (Taiwan) Corp Ltd (STCL) in Taipei, Taiwan, with the strategic intent to strengthen its market presence and explore clean energy project opportunities in the country.
Jay Chou’s PHANTACi partners Highstreet to launch ‘PHANTACi Peninsula’
International fashion label PHANTACi is entering a revolutionary partnership with Highstreet, the MMORPG and retail-focused metaverse, unveiling a unique region within Highstreet World called “PHANTACi Peninsula.” This exclusive metaverse intends to provide fans with an innovative, interactive experience, acting as a testament to their enduring support of…
CapitaLand Investment launches new business park development fund in India
Singapore-based real estate investment firm CapitaLand Investment Limited (CLI) has launched a business park development fund, CapitaLand India Growth Fund 2 (CIGF2), with a target fund size of SGD 525 million ($390.04 milion) to invest in Grade A business parks in prime locations across gateway cities in India.
India’s Credgenics raises $50M in series B funding led by Westbridge Capital, Accel and others
Credgenics, an India-based software as a service (SaaS) based debt collections and resolution technology platform, has raised $50 million in a Series B funding round. The funding was led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund and other strategic investors.
