Investments

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…

Taiwan’s Infinity Ventures Crypto closes its first fund at $70 Million to back GameFi, DeFi and Web 3 innovations

Taiwan's Infinity Ventures Crypto (IVC) announced the closing of its inaugural fund capped at $70 million to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3 innovations. As Asia’s most active fund targeting the region’s booming crypto industry, IVC is participated by heavyweights such as Circle, Digital Currency Group, and Animoca…

Malaysian fintech startup IIMMPACT raises $2 million funding from Sequoia India’s Surge

IIMMPACT announced Wednesday $2 million in seed funding by Sequoia India’s Surge. IIMMPACT is Surge’s first startup founded and based in Malaysia. The funding will be used to accelerate product development and expand hiring.

Hong Kong’s ITCS Group secures investment from Singapore’s Dymon Asia Private Equity to accelerate growth globally

ITCS Group has secured a strategic growth investment from Dymon Asia Private Equity (DAPE). Partnering with DAPE will enable ITCS to rapidly accelerate its growth to scale up the tech industry in Asia-Pacific over the next two to three years.

Vietnamese investing app Infina closes $6M in seed funding from Sequoia India’s Surge, Y Combinator, Saison Capital and more

Infina has closed $6 million in seed funding from investors such as Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Additional investors who have backed Robinhood, Coinbase, and similar models in other markets also participated in the funding.