Investments

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.

Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures, Double Peak Group and Coinhako, Senior executives from Defiance Capital, Xfers, Mintable and other individual investors in the crypto space also participated in the funding round.…

Singapore-based healthtech startup Smarter Health announced Monday that it has secured S$5.15 million ($3.81 million) in Series A funding led by East Ventures, with the participation of Orbit Malaysia, Citrine Capital HMI Group, and Emtek. The funds will be used primarily for product development and market expansion in Southeast Asia.

CyberHash has recently raised $20 million in an early stage funding round led by venture capital firm Lemon, with participation from technology investor Alex Zhu. It intends to use the funds raised in the round to expand its cloud storage facility, which helps to provide a stable、secure and efficient solution to its distributed storage services. The funds…

Healthwire, has closed $3.3 million in funding. The round drew participation from 47 Ventures, Habib Bank Limited, Dilsons Private Limited and angel investors from Silicon Valley. The startup intends to use the funding to further fuel its growth and become the healthcare super app of Pakistan.