FORMER META AND VIACOM EXECUTIVES, KIRTHIGA REDDY AND SAURABH DOSHI CLOSE OVERSUBSCRIBED $8M SEED ROUND FOR WEB3 STARTUP VIRTUALNESS
NEW, MOBILE-FIRST PLATFORM MAKES BLOCKCHAIN AND WEB3 ACCESSIBLE FOR CREATORS TO ENABLE UNIQUE EXPERIENCES FOR FANS AND UNLOCK MONETIZATION
SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Virtualness, a mobile-first platform designed to help creators and brands navigate the complex world of Web3, announced today it has secured over $8M in seed funding. The fundraise was led by Blockchange Ventures,…
CoachHub Opens New Office In Tokyo, Triples Japanese Coach Headcount Over Last Quarter
The SoftBank Vision Fund 2 backed global digital coaching company supports leading enterprises like Twitter, Fujitsu, Asics, TDK and Japan Tobacco International to enhance productivity, performance, and leadership development
TOKYO, Oct. 20, 2022 /PRNewswire/ -- CoachHub, the leading global digital coaching company, today announced the opening of their new office in the heart of Tokyo's business…
Singapore’s ADVANCE.AI partners Visa to strengthen credit decisioning for unbanked and underbanked in Southeast Asia
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company in Asia, is partnering with Visa to strengthen better credit decisioning to help unbanked and underbanked segments get access to credit across Southeast Asia.
The strategic data partnership will see ADVANCE.AI integrate Visa’s innovative Cardholder Transaction Score (CTS) into its core suite of services comprising…
Plume’s Latest Market Report Reveals Major Shifts in Smart Home Usage
— Key changes 1H 2022 vs. 1H 2021: Globally, data consumption on home networks increased by 11%; Fitness bike category usage down 23%; Average home has 17 connected devices, up 10% —
PALO ALTO, Calif., Aug. 31, 2022 /PRNewswire/ -- Plume®, the personalized communications services pioneer, today released its first biannual Plume IQ Smart Home Market Report, providing groundbreaking and…
UK’s Entrepreneur First raises unconventional $158M Series C funding for talent investing in Southeast Asia
Entrepreneur First (EF), a United Kingdom-based scaleup investor in early stage founder talent, said Wednesday it has raised a $158 million Series C funding round from a group of veteran technology founders, including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.
Bucking the trend of mounting layoffs and diminishing venture capital volumes across the startup…
Australia’s Swoop Aero closes $16M Series B round led by Main Sequence
Australian drone firm Swoop Aero said Tuesday it has completed a $16 million Series B venture capital raise, following over two years of continuous drone delivery of medical supplies across Africa, and delivering over 800,000 items by drone.
The successful Series B raise was led by Australia’s premier deep tech venture capital (VC) fund, Main Sequence, Swoop Aero said in a statement.…
Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report
Southeast Asian online used-car marketplace Carro has acquired a 50 percent stake in the rental unit of Indonesian automotive group PT Mitra Pinasthika Mustika Tbk for nearly $54 million, Reuters reported on Monday.
PT Mitra Pinasthika Mustika Rent (MPMRent) is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services, according to the…
Singapore’s Funding Societies steps into Vietnam in fifth market expansion
Funding Societies, a Singapore-based small and medium-sized enterprise (SME) digital financing platform, has officially launched in Vietnam on Tuesday, marking its fifth market expansion.
Addressing the SME financing gap in Vietnam, where the SME landscape is growing yet financially underserved, is a natural next step for the FinTech company as it pushes further into Southeast Asia, Funding…
Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment
Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic.
CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth, Biofourmis said in a statement.
Meanwhile, former…
Indian EdTech firm Emeritus secures $350M debt financing from CPP Investments
Emeritus, an India-based EdTech firm, said Tuesday it has secured $350 million in debt financing from Canada Pension Plan Investment Board CPP Investments through its subsidiary CPPIB Credit Investments Inc.
This funding will be used by Emeritus to fuel mergers and acquisition as part of a robust global growth strategy, Emeritus said in a statement.
As remote learning continues to boom…