Investments

Animoca Brands Japan begins operations, bags seed round of $10M

Animoca Brands announced Tuesday it has begun operations in Japan with the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan), which has completed a raise of ¥1.1 billion ($10 million) of funding in its seed round. Animoca Brands Japan will use the new capital to expand its business in Japan with the goal to enhance the reach of…

Singapore health and wellness platform MindFi raises $2M to bring mind fitness to Asia Pacific workplaces

MindFi announced Tuesday an oversubscribed $2 million seed funding round that saw participation from existing investor M Venture Partners and Global Founders Capital fund. Carousell Co-Founder Marcus Tan, Carro Executive Kenji Narushima and Spin Co-Founder Derrick Ko also joined the round, among other prominent angel investors in United States and Asia. The…

Singapore foodtech firm ProfilePrint closes Series A funding round at a valuation over three times its pre-series A round last year

ProfilePrint, nnounced Tuesday the closing of its Series A funding round at a valuation over three times its pre-series A round last year. Backing this funding round are some of the world’s largest food ingredient conglomerates, namely Louis Dreyfus Company (Netherlands), Olam Food Ingredients (ofi – an operating group of Olam International Limited,…

Singapore insurtech provider Cyber Sierra raises $4.3M seed fund led by Leo Capital

Cyber Sierra announced Tuesday the completion of a $4.3 million seed round of financing led by Leo Capital, with participation from AppWorks, Credit Saison, as well as angel investors including prominent founders and leaders in the cloud and insurance sectors.With this round of financing, It plans to launch and grow its business offerings to include more…

Hong Kong fashion NFT platform BNV raises $4M Series A funding led by Animoca Brands

Brand New Vision Ltd (BNV), the company behind BNV.ME, the platform taking fashion into Web3.0 through 3D Product Creation, non fungible token (NFT) sales, and Future Wearability, has successfully completed a $4 million Series A funding round led by Animoca Brands. This funding round also included a number of influential funds and individuals including…

Crypto exchange Binance to invest $200M in Forbes

Binance will make a $200 million strategic investment in United States (US) media firm Forbes. The strategic investment will be through Binance’s assumption of subscription agreements representing $200 million of commitments in the $400 million private investment in public equity (PIPE) that was previously announced along with Forbes’ intention to go public…

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.

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…