Global venture capital investor 500 Global takes the lead in a $1.2 million Seed funding round for WeGoWhere, a Thailand-based social networking platform committed to enhancing offline social interactions. The round also saw participation from Goodwater Capital, Wing Vasiksiri, Peng T. Ong (co-founder of Match.com), and existing investor Antler, according to an announcement. WeGoWhere, established ... Read more ›
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Singapore-based workforce management platform Hybr1d has announced a successful $3.2 million in its pre-Seed funding round, backed by Global Founders Capital, MS&AD, 468 Capital, and 1982 Ventures. In a statement, the startup said it will use the fresh funding to finance its platform’s technology development, personnel recruitment, and geographic expansion, particularly in Europe, Asia Pacific, ... Read more ›
1
Echelon Asia Summit, the highly anticipated tech event, has unveiled its content for the upcoming 2023 edition, scheduled for June 14-15. With over 60 confirmed speakers and several pending, the event promises to be a platform for honest and impactful discussions. Over the years, Echelon Asia Summit has brought together a crowd of over 75,000 ... Read more ›
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Stockbit Investa Bersama (Stockbit), an Indonesian digital investment platform, and Fullerton Fund Management Company (Fullerton), a Singapore-based investment specialist, have jointly acquired Ayers Asia Asset Management, a Jakarta-based asset management firm. Fullerton expressed its commitment to collaborate with Stockbit in developing and providing high-quality investment solutions that cater to a diverse range of investors, including ... Read more ›
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Singapore-based venture capital firm TRIREC and Thai energy innovations company INNOPOWER announced today the formation of Energy Ignition Ventures, a $100-million growth-stage fund aimed at promoting decarbonisation initiatives. This strategic partnership will help catalyze the investment in companies that are making substantial contributions towards the global target of achieving a net-zero economy by 2050, according ... Read more ›
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Gitai, a Tokyo-based startup, has recently closed a 4 billion yen funding round to accelerate the development of its remotely-controlled robots for space exploration. With the intention of significantly reducing operational costs, CEO Sho Nakanose envisions a future where space robots can efficiently handle routine tasks on the moon or Mars. The company aims to ... Read more ›
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In a significant move to bolster the local startup ecosystem, the Department of Trade and Industry (DTI) revealed that the Philippine Startup Venture Fund (SVF) now stands at about P8 billion (around $143 million). The fund signifies the capital available for investment in promising startup businesses. During the SVF Investment Committee’s community mixer event, five ... Read more ›
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Government-supported accelerator program Startup Studio Indonesia (SSI) is now accepting applications for its seventh cohort. The program, backed by the Indonesian Ministry of Communication and Informatics, has witnessed its alumni raising a total of $65.8 million (RM305 million) in funding. SSI has opened the application process for its seventh batch, scheduled to commence in May ... Read more ›
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Zhang Yiming, the co-founder of ByteDance, the parent company of the popular social media platform TikTok, has established a new private investment fund in Hong Kong. The fund, known as Cool River Venture, will primarily focus on investing in technology-related industries. This move comes as Zhang has maintained a low profile since stepping down from ... Read more ›
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Mark & Company, led by CEO Kyungpyo Hong, has announced the establishment and management of a new venture investment fund in partnership with Yoonmin Creative Investment Foundation, chaired by Minseop Sung. Through their initial KRW 5 billion investment fund established in 2021, Mark & Company has successfully invested in 19 companies. Among these investments, nine ... Read more ›
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Vietnamese cleantech startup Stride has announced raising $2 million in a Seed funding round jointly led by Clime Capital and Touchstone Partners. Stride provides eco-friendly home improvement projects, smart home technology, energy-efficient products, and solar energy solutions to households and small businesses in Vietnam, pioneering a path to a clean energy future in the country with ... Read more ›
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Indonesian fintech startup SkorLife has announced raising $4 million in a Seed funding round anchored by global tech investor Hummingbird Ventures, with participation from QED Investors. Existing investors AC Ventures and Saison Capital also joined the round. SkorLife is the first credit builder in Indonesia. Co-founded by Ongki Kurniawan and Karan Khetan, the company allows people ... Read more ›
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Hong Kong-based venture capital firm Newman Capital has invested in Openfort, a startup that specialises in blockchain wallet infrastructure for Web3 gaming. The investment from Newman Capital has enabled Openfort to successfully complete its seed round fundraising, generating a total of $3 million. The seed round was co-led by gumi Cryptos Capital and Maven 11, ... Read more ›
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Dat Bike, the Vietnam-based electric vehicle start-up, has announced a partnership with Gojek, Indonesia’s leading mobile on-demand multi-service platform. The collaboration aims to explore the potential of electric two-wheelers in meeting the country’s evolving needs of Gojek users. From May this year, the Dat Bike Weaver++ electric motorbikes will be introduced in Ho Chi Minh ... Read more ›
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There are generally two camps when it comes to Web3 – one believes that Web3 services must be blockchain-native and fully decentralized in order to be innovative enough to disrupt the previous generation of services, while the other argues that Web3 and Web2 are not opposing forces and must complement each other. Notifi founder and ... Read more ›
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Korean startup Noutecompany has captured the attention of the world with its ground breaking platform, WeBudding, revolutionizing the digital stationary market. This remarkable achievement has now propelled its visionary founders, Donggyun Ko, Chaeyoung Lee, and Donghwan Shin, onto the prestigious Forbes 30 Under 30 list in consumer technology. Donghwan Shin, a graduate of Seoul National University ... Read more ›
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ORASingapore’s telehealth startup, ORA, has successfully raised $10 million in its recent Series A funding round. The funding was led by well-known venture capital firms TNB Aura and Antler, with notable involvement from Gobi Partners, Kairous Capital, and GMA Ventures. With this latest injection of capital, the round brings ORA’s total funding raised to over ... Read more ›
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When starting a company, founders often underestimate the amount of time and energy required to fundraise. Phylicia Koh, vice president at early-stage gaming venture capital firm Play Ventures, said effective fundraising is not only essential for securing necessary capital but also for demonstrating the commitment and resilience of the founding team. In an interview with ... Read more ›
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Global insurtech leader bolttech has announced a successful Series B funding round, raising $196 million at a valuation of $1.6 billion. The round was led by Japan’s oldest insurance firm, Tokio Marine, with significant contributions from MetLife through its subsidiary, MetLife Next Gen Ventures, Malaysia’s sovereign wealth fund, Khazanah Nasional, and numerous new and existing ... Read more ›
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Japan is taking proactive steps to simplify regulations for foreign individuals seeking startup visas, to foster its startup ecosystem. The Ministry of Economy, Trade and Industry plans to revise existing rules, allowing private companies to participate in the visa screening process. This move is expected to streamline the visa issuance procedure, making it more accessible ... Read more ›
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Most popular sources
Business Insider
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25% 6 |
The Verge
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9% 3 |
Tech Wire Asia
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8% 1 |
Android Authority
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8% 5 |
Tom's Hardware
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8% 5 |
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27.11.2024 11:36
Last update: 11:31 EDT.
News rating updated: 18:33.
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