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Singapore’s Aspire closes $100M Series C round

Aspire, a Singapore-based FinTech firm, has on Tuesday announced that it has closed an oversubscribed Series C round at $100 milion. Lightspeed and Sequoia Capital SEA, Paypal Ventures, LGT Capital Partners and existing backers Picus Capital and Mass Mutual Ventures have participated in the round,

How EV battery maker XING Mobility solved an industry bottleneck and found their market opportunity

The road from concept to development and finally an exceptional product is one every startup has to walk. 

Australia’s plastic alternative firm Uluu aims to build commercial plant in 2025

Uluu uses farmed seaweed rather than terrestial crops or waste as a carbon source to produce a plastic alternative. Doing so not only provides economic advantages but, more importantly, the unique potential to scale enough carbon to decouple our polymer economy from fossil fuels, information from its website showed. From its unique seawater process, Uluu’s…

This startup aims to capture 10,000 tons carbon from farmland this year using volcanic rock dusts

“Our [ultimate] goal is to get to a billion tons of carbon captured as quickly as possible," Yap said.

VinFast partners E.ON Drive to electrify VinFast’s European retail and service network with charging infrastructure

VinFast, Vietnam’s first global manufacturer of battery-powered electric vehicles and E.ON Drive, the eMobility specialist of one of Europe's leading utility companies, announced their cooperation to equip VinFast locations with a charging infrastructure in Germany, France, and the Netherlands.

Moonfare caps Series C extension round at about $15M, bringing its Series C funding to $130 million+

Moonfare, a global digital private equity investment platform with its Asia Pacific offices headquartered in Singapore and Hong Kong, has capped the extension of its Series C financing round at about $15 million, achieving a record valuation.

India’s Turno raises $13.8M funding co-led by B Capital and Quona Capital

Turno, an India-based platform for commercial electric vehicle (EV) distribution and financing, has on Wednesday announced a $13.8 million Series A funding as it scales across the country and plans to build proprietary battery technology.

Indonesia to draft regulation enabling media to receive payments from digital platforms for content – report

President Joko Widodo cited an urgent need for the new law since 60 percent of the advertisement market in the Southeast Asian country is dominated by mainly foreign digital platforms.

Thailand’s Ooca closes Series A investment deal with BDMS

Ooca, a Thailand-based mental health telemedicine application, has closed its Series A funding deal with Bangkok Dusit Medical Services PLC (BDMS). BDMS and Ooca aim to make mental health care easily accessible, change people’s attitudes towards mental health to regard it as a normal matter, and leverage Thailand’s public health standards in order to…

What crypto startups should focus on to raise brand awareness in 2023

To reach new heights and stand out, this is the time to set out bold, innovative branding strategies.