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Vietnamese blockchain gaming firm Summoners Arena raises $3M seed fund led by Pantera Capital

Summoners Arena announced Friday the completion of a $3 million round of seed financing. The round was led by Pantera Capital, with participation from Coinbase Ventures, Onechain Technology, GuildFi, Merit Circle, Cosmic Guild, Coin98 Ventures, Istari Ventures, Spartan Group, Impossible Finance, Kyber Ventures, and Kyros Ventures as well as several…

What matters in EduTech is whether tech helps solve problems and make life easier, says Edusuite’s Niel Dagondon [ORIGIN Innovation Awards Q&A]

Educators don’t care what AI or Server Technology is being used in your system, but their main focus is whether this technology helps solve their problems and make their lives easier.

Vietnamese healthtech firm Medici raises pre-Series A funding co-led by Wavemaker Partners, Jungle Ventures

Medici has raised an undisclosed amount in its pre-Series A round co-led by Wavemaker Partners and Jungle Venture, with participation from its existing investor Insignia Ventures Partners. The company will use the fresh funds to scale up its insuretech footprint, expand its healthcare offering, and hire across different roles in the organization,

Thai SaaS platform Manatal bags $5.1M funding from Sequoia India’s Surge and others

Manatal has closed $5.1 million in seed funding from Sequoia India’s Surge alongside angel investors. The fresh funds will be channeled into engineering as the startup looks to enhance their product offering and artificial intelligence (AI)-recommendation engine in the following months.

Fave appoints ex-Touch ‘n Go executive as Chief Product Officer

Fave has appointed former Touch 'n Go (TNG) executive Arvindd Selvaratnam as its Regional Chief Product Officer (CPO). Arvindd will be overseeing the company’s regional product roadmap and strategic planning, and will be leveraging various emerging opportunities for Fave in their next phase of growth. As CPO, Arvindd will also be leading product design and…

Singaporean logistics firm GoComet banks $7M Series A funding led by Rider Global and Atlas Ventures

GoComet has closed $7 million in Series A financing led by Rider Global and Atlas Ventures. Jetty Ventures, Rebright Partners, Leo Capital and Krishna Capital also participated in the round. The funding will fuel the further development of GoComet's platform and accelerate its customer growth and expansion in the United States (US) and Europe, in line with…

Indonesian SaaS firm Majoo nets $5M more in pre-series A round led by AC Ventures & Quona Capital

Majoo has raised $5 million more in pre Series A funding led by AC Ventures and Quona Capital with participation from BRI Ventures, Xendit, bringing the total raised for the latest round to $9 million. With its new funding, it will accelerate its product development including instant online store, and marketplace integration, enhance market penetration and…

How IdeaConcert utilizes the power of AI to accelerate creators’ ‘joyful imagination’ in building engaging video content [ORIGIN Innovation Awards Q&A]

"It won't be long from now how people view or enjoy image content like webtoons/comics will change. this is in line with the continued development of technology and 5G in various countries. By collaborating with Ideaconcert, companies that have been or will become our partners have secured a place in this market competition."

Japan’s Mizuho Bank leads neobank Tonik’s $131M Series B

Mizuho Bank, one of Japan's largest banking groups, is the latest big backer of Philippine digital bank Tonik, leading its $131 million Series B round of funding.

Singapore skyline SGX SPAC

Singapore’s fintech investment tops $3.94B in 2021 as interest in crypto and blockchain surges, says KPMG

Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021, a 37 percent increase compared to 2020’s deal count (139 deals) and a 91 percent increase from 2019’s figures (100 deals), said a KPMG report on Tuesday.Total transaction value in Singapore also surged by 59 percent year-on-year at $3.94 billion, across venture capital (VC),…