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Japan’s Beyond Next Ventures achieves first close of its deeptech fund at over $67.17M
Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).
Jungle Ventures launches program to support early-stage startups
Singapore-based venture capital firm Jungle Ventures is launching First Cheque@Jungle, a bespoke program for partnering with seasoned operators at idea, pre-seed and seed stages.
PH startup PetPal plans to build ‘superapp’ as it targets $1.6B pet care market in Southeast Asia [Q&A]
In the interview, 917Venture Head of Ideation and Acceleration Glenn Estrella also shared PetPal’s short-term and long-term plans, the potential and opportunities the company sees in the pet care market in the Philippines and the rest of Southeast Asia, among others.
Singapore’s UnaFinancial partners with UK’s Velexa to launch digital investing platform in the UAE
UnaFinancial (formerly known as Robocash Group), a Singapore-based fintech group, has partnered with Velexa, a United Kingdom-based wealthtech disruptor to launch a digital investing platform in the United Arab Emirates (UAE).
Bolttech, Allianz Partners team up to offer insurance solutions across APAC and US
Global insurance firm Allianz Partners and Singapore-based insurtech firm bolttech have announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific (APAC) and the United States.
Singapore’s REPUBLIK closes $6M seed funding round, valued at $75M
REPUBLIK, a Singapore-based technology company, has announced the successful conclusion of its $6 Million seed funding round. The round saw participation from leading investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment…
Malaysian stock exchange, TNG Digital, Affin Hwang team up to broaden share trading services in Malaysia
Malaysian bourse Bursa Malaysia Berhad (Bursa Malaysia), payment firm TNG Digital Sdn Bhd (TNGD) and investment firm Affin Hwang Investment Bank Berhad (AHIBB), have teamed up to broaden share trading services in Malaysia via a digital wallet. The trio have signed a memorandum of collaboration (MoC) to enable investors to easily participate in the stock…
WORQ raises pre-series B funding at an up-round on the back of profitability
WORQ, a Malaysia-based coworking and flexible space provider, has successfully completed its latest fundraising round, backed by 14 follow-on investors. The global asset management firm, Phillip Capital, helms this round with its largest placement to-date and its third consecutive investment into WORQ.
Nearly 7 in 10 SMEs in Southeast Asia rely on startup capital from savings, family and friends: SME Industry Report
In Southeast Asia, about 70 percent of small and medium enterprises (SMEs) started their business with seed money raised from their personal savings and from family and friends’ financial support, said a report published by Funding Societies, a Southeast Asia’s unified SME digital finance platform.
Web3 industry leaders in Hong Kong back new regulatory task force following JPEX incident
"We represent various organizations committed to developing #HongKong’s #Web3 ecosystem, and we have taken notice of the situation at #JPEX. We strongly believe that the Government of the Hong Kong Special Administrative Region has taken the correct approach in its commitment to the future growth of Web3."
