Investments

Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum at $800 million on a post-money basis.

Timo has raised $20 million fresh funding led by Square Peg. .Other participants are Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (existing investor) and other super angels.

Brankas announced the close of its $20 million Series B investment round led by Insignia Ventures Partners, Visa, AFG Partners and Treasury International. Its existing investors Beenext and Integra Partners also joined the round, Brankas. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies,…

Pandai Education Sdn Bhd has recently raised a total of $2.03 million investment from a group of local and international investors in its pre-seed and seed round. Among the investors that participated in the rounds are Y Combinator, Global Founders Capital, 500 Global, Soma Capital, Harvard. Joining the round included Malaysian investors RHL Ventures,…

Tencent’s voting power to be reduced below 10 percent following the transaction and proposed share conversion.

Aerodyne Group has signed an agreement to acquire a principal stake in Malaysia-based artificial intelligence (AI) and data analytics company Synapse Innovation Sdn Bhd. This investment is engineered to supercharge Aerodyne Group’s prowess in AI and data analytics, as well as strengthening Aerodyne Group’s technology support for its international…

Living Food announced the successful closing of a $7.5 million Series A fundraise led by Amasia.Other participating investors included SOSV, Blume Founders Fund, and notable angels including Xander Group founder Sid Yog and Nexus Venture Partners Co-Founder Sandeep Singhal, The company plans to expand to Mumbai in early 2022 and expects further domestic…

Anfin has raised $1.2 million in a seed round led by Goodwater Capital and Global Founders Capital (GFC). New investor XA Network as well as existing investor First Check Ventures also joined the round . The fresh injection will be channelled into doubling down efforts to further develop Anfin’s platform to provide its retail investors real-time fractional…

X0PA AI announced $4.2 million in Series A funding led by ICCP SBI Venture Partners (ISVP).SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments also participated in the round. X0PA AI plans to use the capital for global expansion beginning with Asian, United States (US), Latin American, and European markets.

Novo Tellus could be among the first wave of sponsors looking to list SPACs in Singapore after the regulators introduced a framework in September last year, according to Bloomberg.