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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 01/04/2023 22:12 EDT

Visa study shows majority of SG consumers want more control of data

A recent study released by Visa has found that majority of Singaporean consumers want the option to control their data rather than leaving it up to the discretion of companies and government. According to the Consumer Data Confidence Research by Visa, almost 8 out of 10 of Singapore consumers want more control of data. It ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 01/04/2023 22:02 EDT

Lumotive raises $13m from USAA, Uniquest, Samsung Ventures

Lumotive, the developer of Light Control Metasurface (LCM™) beam steering chips that enables the next generation of 3D sensors, has announced that it secured additional investments of $13 million from its recent funding round. The additional cash came from USAA, Uniquest, and Samsung Ventures. With this, Lumotive now has over $56 million in total investments ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 01/04/2023 21:58 EDT

Alterpacks commercialization drive gets boost with $1m funding

Materials technology startup Alterpacks closed its pre-seed funding round with $1 million in investments to further its commercialization drive. Alterpacks said it will use the fund to speed-ramp its food containers production and supply across key markets in Asia, Australia and Europe. The funding round was led by Plug and Play APAC and SEEDS Capital ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 01/03/2023 20:52 EDT

Thai healthcare, surgery marketplace HD raises $6m in funding

HD, a Bangkok-based healthcare and surgery marketplace, announced raising $6 million in funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia. The startup, which operates the HDmall platform in Thailand and Indonesia, is excited to announce that it has successfully raised funding from a group of investors incl. ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 01/03/2023 20:24 EDT

S Korean startup SeaVantage raises $1.3m to expand ocean visibility platform

South Korea-based startup SeaVantage has announced raising $1.3 million in a funding round backed by We Ventures, IBK Capital, Lindeman Asia Investment, and BCD Labs. The startup, which provides real-time ocean supply chain visibility, said it will use the fresh funding to expand its ocean visbility platform, which has been used by shippers and logistics ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 01/03/2023 01:40 EDT

Meta acquires Dutch startup Luxexcel as it doubles its metaverse dream in 2023

Meta (formerly Facebook) has announced its acquisition of 3D smart glass maker Luxexcel as it doubles down on its metaverse dream in 2023. The Dutch startup specializing in smart eyewear can integrate the elements needed to create an augmented reality (AR) experience within a prescription lens, such as holographic film and projectors, The Verge reported. ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 01/01/2023 06:19 EDT

Defense tech firm Anduril Industries secures $1.4bn in Series E money

Defense technology Anduril Industries announced raising $1.48 billion in Series E funding led by Valor Equity Partners, a longtime investor in the company. Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Elad Gil, Lachy Groom, Human Capital, Marlinspike, WCM Investment Management, MVP Ventures, Lightspeed Ventures, and Thomas Tull’s newly minted ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 01/01/2023 06:04 EDT

Saudi’s Manafa raises $28m in Series A funding

Saudi Arabia-based debt and investment company Manafa announced raising $28 million in a Series A funding round co-anchored by STV and Wa’ed Ventures. In a statement, Manafa said it will use the fresh funds to accelerate its growth in Saudi Arabia and expand its offering with the launch of several products and financing solutions in ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 12/30/2022 21:48 EDT

Singapore’s Alchemy Foodtech raises $3m to fund new market developments

Singapore-based food innovation company Alchemy Foodtech announced that it raised $3 million in a recent funding round. In a statement, Alchemy Foodtech said the investments will allow them to pursue the next stage of development in markets locally and overseas. “With the funds raised, we are able to pursue our growth in China and support ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 12/30/2022 21:44 EDT

Carallel’s plan to expand its reach and develop a more dynamic digital experience received a boost after it earned additional investments amounting to $8.2 million. Series A of its funding round was participated by prominent regional payers including 450 Ventures, Create Health Ventures, Gratitude Railroad, Loud Capital, and Wanxiang Healthcare Investments. Carallel, a leading provider ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 12/30/2022 21:23 EDT

HEAL Partners close Fund I with $143m in investments

Exceeding its target, HEAL Partners (HEAL) closed Fund I with $143 million in commitments. The amount was double the investment that HEAL expected to receive in the funding round that was immediately followed by Fund II that hopes to raise $350–500 million. “Achieving double our initial fundraising target with our first fund is a testament ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 12/19/2022 21:08 EDT

Continuum raises $36 million to accelerate the expansion, meet customer demand

Continuum raised a total of $36 million to accelerate the expansion of 100 percent recycled commercial metal powder production to meet the growing customer demand for sustainable materials. The company, that is based in Los Gatos, California, is a leader in sustainable metal recycling and supply and a leading producer of high-quality additive manufacturing material. ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 12/19/2022 21:06 EDT

MessageGears raises $62m to fuel innovation, global expansion

MessageGears, a customer engagement platform for big consumer brands, has announced the completion of a $62 million growth financing round. The funding round for MessageGears was led by Long Ridge Equity Partners and participated by Argentum Group and Atlanta Ventures. MessageGears intends to use the investment to accelerate the innovation of its technology platform, with ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 12/19/2022 21:02 EDT

Australia’s Avarni raises $3m to speed up decarbonization efforts

Australian carbon management startup Avarni raised $3 million to streamline the future of carbon management in a funding round led by deep tech venture firm Main Sequence. The funding round was also participated by Vulpes Ventures and Common Sense Ventures, Avarni said in a statement. “Since our launch roughly a year ago, we have made ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 12/19/2022 20:58 EDT

Ex-Singlife head Ned Lowe joins MISSION+, leads effort to  accelerate growth across Southeast Asia

MISSION+ has announced the addition of Ned Lowe as the company’s Chief Technology Officer (CTO) to lead efforts to accelerates support for fintechs and insurtechs across Southeast Asia. The technology building firm sought the likes of Revolut, Railsr and Draper Startup House to further its growth. “The delta between what’s possible in tech and what’s ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 12/19/2022 20:54 EDT

Uniqus Consultech raises $12.5M to invest in technology, scale business operations

An India-based tech-enabled global platform that offers environmental, social, and governance (ESG) and accounting and reporting consulting, has officially announced the launch of its operations after it also earned $12.5 million in series A for a minority stake sale. Uniqus Consultech Inc. intends to use the funding to investment in technology and scale its business ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 12/19/2022 20:50 EDT

Outdefine raises $2.5m to build a decentralized talent community

Outdefine, a San Francisco-based startup, raised $2.5 million that it could use to build a decentralized hiring community for web3 talent. The investment speaks of the company’s value proposition and the real-world application for crypto because it came at a time when the crypto market was in a difficult period. Web3 investors TCG Crypto and ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 12/15/2022 02:52 EDT

Ficus Capital invests $400K in intuitive single-platform tool Assemblr

Ficus Capital has announced that it invested $400,000 in Assemblr, a Bandung-based start-up that is focused on helping users to create AR content via its web-based platform. Assemblr is Ficus Capital’s first investment outside of Malaysia. Ficus Capital, the world’s first shariah-compliant venture capitalist, has also announced its flagship RM60 million fund, Ficus SEA, that ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 12/15/2022 02:42 EDT

Singapore-headquartered e-commerce site builder Plugo announced that it raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital. Plugo’s intuitive design feature enables users to ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 12/13/2022 22:41 EDT

SION raises $3.2m to promote robust, open travel tech ecosystem

SaaS platform SION that manages commission payments for travel advisors and agencies has announced that is raised $3.2 million in seed funds that it would use to advance its promotion of a more robust and open travel tech ecosystem. SION intends to use the investment to accelerate product development and create automated commission chasing, ramp ... Read more ›

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