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South Korea’s DoubleMe lands $25M Series A funding co-led by Coentry Investment and NH Investment

South Korea-based real-world metaverse startup DoubleMe said Wednesday it has raised $25 million in a Series A funding co-led by Coentry Investment and NH Investment with a strategic investment from Samsung Electronics.

Indonesian alt-protein startup OFF FOODS raises $1.7M seed round led by Alpha JWC Ventures

Indonesian-based food tech startup OFF FOODS announced Tuesday its $1.7 million seed funding round led by Alpha JWC Ventures and participated by Global Founders Capital (GFC) and other strategic investors including Creative Gorilla Capital, Lemonilo, and United Family Capital (UFC). With this fresh seed capital, OFF FOODS plans to invest in its research and…

Singapore’s TechCreate and Diginius to merge and combine into an integrated FinTech enterprise

TechCreate Solutions Private Limited (TechCreate), a Singapore-based technology services group specialising in digital payment and digitalisation solutions, and Diginius Pte. Ltd. (Diginius), a provider for information technology (IT) security and infrastructure solutions, on Tuesday announced a merger between both companies via a share swap transaction…

Singapore FinTech platform Recur Club raises $30M seed round led by InfoEdge Ventures and Village Global

Recur Club, a Singapore-based FinTech platform facilitating non-dilutive growth capital for companies with recurring revenues, said Tuesday it has closed its $30 million seed funding round, as a combination of equity and debt allocation. The funding round was led by InfoEdge Ventures and Village Global,  with financing for the platform from marquee…

Singapore FinTech startup Doxa secures $2M in pre-series A round

Doxa Holdings International Pte. Ltd. (Doxa), a Singapore-based fintech startup, said Monday it has successfully concluded its S$3 million ($2.21 million) pre-series A funding round from financial institutions including venture capitals, public listed and logistics corporations. Doxa plans to use the incoming funds to accelerate its traction in the built…

Indonesian culinary multibrand startup Hangry raises additional $22M for Series A funding

Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…

SoftBank Robotics partners UnaBiz to integrate IoT and robotics to boost facility management operations efficiencies

SoftBank Robotics Group Corp., a robotics solutions provider under Softbank, announced Monday that it has partnered with UnaBiz, a massive internet of things (IoT) provider based in Singapore, to initiate a seamless integration of IoT sensors and robotics in building management and maintenance that will streamline work processes, allowing efficient…

Vietnam’s Society Pass spins-off lifestyle e-commerce arm Leflair into Leflair Group

Society Pass Inc (SoPa), a Vietnam-based loyalty and ecommerce firm, announced Friday the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group.

Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles

VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…