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Philippine neobank Tonik secures $100M in consumer deposits

Tonik, the Philippines' first digital-only neobank, has surpassed PHP5B ($100M) in consumer deposits, just eight months after its launch of commercial operations.

Hong Kong billionaire Adrian Cheng enters metaverse via investment in Animoca Brands’ The Sandbox

The Sandbox offers virtual real estate, called LAND NFTs, in the open metaverse. Cheng's LAND will be one of the biggest plots in The Sandbox, and form part of the ‘Mega City’ virtual world, which will include his Innovation Hub. The landmark of the Innovation Hub will be the GBA Pavilion, a vibrant center propagating creativity and futuristic vision to…

India edtech firm BYJU’S acquires Austrian mathematics software provider GeoGebra

BYJU’S has acquired Austria-based mathematics software provider GeoGebra. The company, however, did not disclose the value of the deal. This acquisition complements the company's overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio. It…

Vietnam blockchain-based gamehub Whydah raises $25 Million funding

Whydah has successfully raised $25 million from prestigious investors including Hashkey, Eternity Ventures, Bitscale, Youbi, Morningstar Ventures, Kardia Ventures, Formless Capital, Axia 8 Ventures, Polkastarter, Good Guild Game, and Mask Network. This move comes shortly after Whydah officially cooperated with the seven largest game studios in Vietnam,…

Hong Kong’s WATI raises $8.3M Series A funding led by Sequoia Capital India

WATI has raised $8.3 million in Series A funding led by Sequoia Capital India.Surge, Base Partners and several prominent angels including Gokul Rajaram also participated in the round. The funds raised will be used to bolster technology and product development by expanding product integrations and double the team size and improve their presence in Latin…

Malaysian drone tech firm Aerodyne explores dual-listing as it starts IPO process

The drone tech firm currently is also in the midst of raising a bridge round ahead of its Series C funding round next year.

US cybersecurity firm Claroty raises $400M Series E funding led by SoftBank, acquires Medigate for extended IoT protection

Claroty has raised $400 million in Series E funding and entering an agreement to acquire Medigate. The round brings the company’s total funding to $635 million, making it the most well-funded cybersecurity company in the industrial, healthcare, and enterprise IoT sectors.

Singapore cybersecurity start-up CloudSEK raises $7M in Series A funding led by MassMutual Ventures to accelerate global expansion

CloudSEK has raised $7 million in its Series A investment led by MassMutual Ventures. This brings the total investment in CloudSEK to about $10 million. The Series A funding also saw participation from Omidyar Network India, 100X Entrepreneur, individual investors Firoz Meeran and Navas Meeran, and CRED Founder Kunal Naresh Shah’s QED Innovation Labs.…

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Singapore VC firm Golden Gate Ventures seeks $120M for new fund – report

Golden Gate's move comes at a time when Southeast Asia is attracting more investors into the region.