Latest news and trends about tech
True Global Ventures invests a total of $38M in Hong Kong’s Animoca Brands
The True Global Ventures (TGV) 4 Plus Fund and Follow On Fund have invested in total $38 million including $16 million of secondaries into Hong Kong-based Web 3 firm Animoca Brands during the second quarter and third quarter of 2022.
Vietnam’s Vinfast to make Netherlands debut with EV models VF 8 & VF 9
VinFast, Vietnam’s global electric vehicle (EV) maker, will make Netherlands debut with EV models VF 8 & VF 9. The Netherlands is one of VinFast’s three key markets in Europe and among the continent’s most developed EV market.
Here’s how this Singapore-based AgriTech startup is using AI to help the city state grow its own food [Q&A]
Artisan Green was born, with the aim to be one of the leading controlled environment agriculture farms in the world. Incorporating AI and automation came about as a necessity to increase productivity and efficiency in the farm. AI helps reduce the time needed to manage the farm and run experiments, as it can recognize and process data at a speed and volume…
India’s Bhanzu secures $15M Series A funding led by Eight Roads Ventures
Bhanzu, an India-based math learning platform, announced Thursday that it has raised $15 million in Series A funding led by global investment firm Eight Roads Ventures. Another global investor B Capital, also invested in the round from its Ascent Fund.
Alibaba Cloud to invest $1B as it unveils strategic roadmap for international business
Alibaba Cloud commits to $1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.
Hong Kong’s The Sandbox collaborates with Taiwan’s Softstar to boost Web3 ecosystem
The Sandbox, a decentralized gaming virtual world and subsidiary of Hong Kong-based Animoca Brands, has announced its collaboration with Softstar Entertainment Inc. (Softstar), an iconic Taiwanese brand of classic personal computer (PC) games.
Vietnam’s VinFast joins The Climate Pledge on journey to net-zero carbon by 2040
VinFast, the automotive arm of Vingroup, announced its participation in The Climate Pledge – a commitment to reach net-zero carbon emissions by 2040, co-founded by Amazon and Global Optimism. As the first Vietnamese enterprise to sign the pledge, VinFast affirms its determination to contribute to sustainable development.
PPRO makes moves in Malaysia with integration of Grabpay and Touch ‘N Go
PPRO, the global provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on its payments infrastructure.
Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures
SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw participation from 500 Global, Febe Ventures, AlphaLab Capital, BRI Ventures, and Caballeros Capital.
Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global
StoreHub, a Malaysia-based platform that enables restaurants and retailers to automate and grow their business, said Wednesday it has raised $13.5 million in a pre-Series B fundraising round led by 500 Global. The round also saw participation from existing investors Vertex Ventures Southeast Asia & India, OSK and others.
