Startup accelerator Archipelago Labs (A-Labs) has launched a $10 million Web3 fund to invest and accelerate the growth of the most promising startups and talents in the Philippines’ Web3 ecosystem. Backed by reputable partners from the Philippine Digital Asset Exchange (PDAX), Oak Drive Ventures Inc., and Magellan Digital Investment Group (MDIG), A-Labs boasts of its ... Read more ›
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The virtual world ― or metaverse ― is the leading emerging technology worldwide. Virtual humans are rising to become integral to various industries, from entertainment and corporations to retail. Emergene Research, a global market research firm, predicted that the virtual human market will grow to $527.58 billion (about 688,491.9 billion won) by 2030 Korean AI ... Read more ›
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Virtual Humans are increasing in demand as more and more businesses and sectors choose the metaverse universe to market their products and services, from entertainment and corporations to retail. According to Emergene Research, a global market research firm, the virtual human market will grow to $527.58 billion (about 688,491.9 billion won) by 2030. Korean AI ... Read more ›
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Airwallex, a global fintech platform, has announced the appointment of Kai Wu as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai, who has held a number of senior positions at Airwallex for close to five years, including as Chief Financial Officer and Greater China CEO, will lead the new functions ... Read more ›
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Carbon technology platform Fairatmos has announced that it received $4.5 million in seed funding that it would use to strengthen its platform. The seed round was led by Go-Ventures and Kreasi Terbarukan TBS, the investment arm of energy companies Toba Bara Sejahtera. It was also participated by Vertex Ventures Southeast Asia and India and prominent ... Read more ›
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Chowis Company, a Skin and Hair & Scalp Diagnosis System Korean Company, has been named in the “CES 2023 Innovation Award” for its AI full face diagnosis solution, “MySkin F.A.I.N.” Chowis’ mySkin F.A.I.N won in the “Digital Health” category as an AI full-face skin diagnosis solution that analyzes skin using AI algorithm technology. The CES ... Read more ›
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ResortPass, a pioneer in offering day access to luxury hotels and resorts around the world has raised $26 million in Series B funding that it would use to scale the organization and expand to more global destinations in 2023. ResortPass has also announced the appointment of Michael Wolf as its new CEO. The funding round ... Read more ›
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In partnership with Swiss-based investment holding company xMultiplied, Seedstars recently launched Seedstars Capital, an investment platform for emerging venture capital (VC) fund managers. Seedstars, in a statement, said that the platform partners with “emerging and diverse managers with local expertise and unique strategies and provides the necessary resources to launch new funds and develop their ... Read more ›
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Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider announced that it has acquired 100 percent of Sakura Exchange BitCoin (SEBC), a Japanese-registered crypto exchange service provider. With its recent acquisition, Binance will now be able to enter the Japanese market as a Japan Financial Services Agency (JFSA) regulated entity. The terms of the ... Read more ›
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Startups asking for venture capital money should spend more time demonstrating how investors can be de-risked, says Weichang (Grant) Ge, senior investment analyst at HAX, the venture capital-based program of SOSV. According to Weichang, most startups, when facing venture investors, often present their grand vision of what they are going to achieve with the VC ... Read more ›
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Indian esports tournament platform Gamerji has announced raising $3 million in a Pre-Series A round from GVFL (formerly Gujarat Venture Finance Limited) and Unicorn India Ventures, which has backed Gamerji from its early stages. In a statement, the startup said it will use the fresh funds for growing the platform in recently launched international markets ... Read more ›
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Singapore-based impact investor Silverstrand Capital announced an additional €15 million ($15.5 million) investment in Netherlands-based aquaculture investment fund Aqua-Spark, bringing its total investment to €25m. As a single-family office with an impact investing mandate focused on combating the biodiversity crisis, Silverstrand is focused on advancing regenerative food systems and natural climate solutions. Silverstrand first invested ... Read more ›
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Philippine telecom giant Globe’s 917Ventures and Ayala Corporation are set to bring global two-wheel electric vehicle and battery-swapping technology leader Gogoro to the country. Piloting in Metro Manila in Q1 2023, Gogoro’s Smartscooters will serve as an eco-friendly alternative to fossil fuel-powered vehicles currently used by the logistics and last-mile delivery industry. Gogoro® Smartscooters® are ... Read more ›
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Keyrock, an international asset market maker, announced raising $72 million in a Series B funding round backed by a number of investors, including Ripple, SIX Fintech Ventures, and Middlegame Ventures. In a statement, the company said it will use its funding to invest further into infrastructure development, scalability tools, as well as regulatory licensing across Europe, ... Read more ›
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A global platform connecting customers to multiple identity verification and fraud detection vendors via one API has raised another $15.5 million in its latest funding round. FrankieOne announced that it earned $15.5 million from Series A+ round that was participated by investors like AirTree Ventures, Greycroft, an investor in Bumble, HuffPost, and Venmo; Reinventure, Westpac’s ... Read more ›
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Regional insurtech Igloo has announced that it raised $27 million in Series B funding and intends to use the investment to strengthen its lead across key markets in Southeast Asia. This round of investment comprises a consortium of impact investors including BlueOrchard, Women’s World Banking Asset Management (WAM) and Finnfund. The InsuResilience Investment Fund II, ... Read more ›
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Korean startup CloudN Co., Ltd., which is working towards a sustainable future with its ‘Building Energy Management System,’ announced that it has entered the Thailand market with support from the Korean government and NIPA (National IT Industry Promotion Agency). CloudN hosted a demonstration session on the application of its energy management platform on November 23rd ... Read more ›
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Smart Radar System, a Korean company specializing in developing high-resolution 4D imaging radar with global competitiveness, has been named in the CES 2023 Innovation Award list. The company’s “Smart Guard Solution” was selected for the CES 2023 Innovation Awards, produced by the Consumer Technology Association (CTA)®. The awards are given at an annual competition honoring outstanding ... Read more ›
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Funding Societies | Modalku, Southeast Asia’s largest SME digital financing platform, today announced that its Thai business (Funding Societies Thailand) has reached THB1 billion ($27.8 million) in loan disbursements to small businesses in the country for year-to-date (YTD) 2022. The fintech firm said it looks to expand its reach to financing SMEs in new business ... Read more ›
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E-grocery shopping platform Cooky raised $4.5 million from its recent funding round to accelerate its R&D to create more diverse and healthy meal kits that could be sold at very affordable prices. The company also wants to focus on maximizing customer satisfaction by improving personalized services based on their needs. In a statement, Cooky said ... Read more ›
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Business Insider
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26% 1 |
Tech Wire Asia
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15% 10 |
CNET
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6% 3 |
The Verge
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6% 2 |
Eurogamer.net
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6% 1 |
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27.11.2024 22:53
Last update: 22:40 EDT.
News rating updated: 05:41.
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