Hong Kong’s XanPool has raised $41M in new capital that it could use to fund its expansion plans across Europe, the Middle East, North Africa and Latin America. XanPool, which also plans to establish a research and development hub in Thailand, said the recent funding round was led by its existing investor Target Global. Earlier, ... Read more ›
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Sansan, a Japanese provider of cloud-based solutions that promote digital transformation (DX) and reshape how we work, has announced its plan to open a new global development center in Cebu, the Philippines in 2023. The opening of its newest center is aligned with the company’s effort to further strengthen the development of Sansan’s product functions ... Read more ›
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Indonesian monetisation platform TipTip has announced raising $13 million in its Series A funding round anchored by Indonesia-focused venture capital firm East Ventures. The round followed TipTip’s $10-million Seed funding earlier this year. Vertex, SMDV, B.I.G. Ventures, and prominent angels also participated in the latest fundraise. TipTip was founded in October 2021 by Albert Lucius ... Read more ›
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QualSights will now be able to introduce its technology to more brands and to further propel its growth in the American market after it raised $7.7 million in additional capital. Its series A funding round was led by 4490 Ventures, an early-stage venture capital firm that is based in Madison, Wisconsin. Dan Malven, Managing Partner ... Read more ›
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After it successfully introduced crypto payment services to more than 3 million users and 150,000 merchants in Korea, Payprotocol AG has announced the expansion of Paycoin into the global crypto payments market in partnership with TripleA. With the signing of the memorandum of understanding (MOU) to seal the deal, both have agreed to collaborate in ... Read more ›
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URECA announced that it exceeded the company’s target to raise $1 million in pre-Seed funding round. The Singapore-headquartered climate tech company instead raised $1.5 million that will be used to scale operations across Southeast Asia in 2023 and accelerate the launch of its unique marketplace that will enable people to invest directly into climate solutions. ... Read more ›
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BayaniPay now has fresh capital amounting to $4.5 million to expand its technology team as the company scales its product lineup and expands into more geographies. The planned expansion will allow BayaniPay to deliver more financial solutions to Filipinos in the U.S. soon. Investments in the seed round came from East West Bank, Wavemaker Partners, ... Read more ›
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Filipina actress Yassi Pressman is launching her own own startups – PEG and BrandNation – after raising $2 million in seed funding. Funding from the seed round that was led by Sonla, a cryptocurrency exchange and digital asset custodial provider, will be used to drive the deployment of the proprietary PEGFi interoperable and integrated digital ... Read more ›
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Wealthtech firm Kristal.AI announced that it secured $10 million worth of investments in its pre-series B round that will help fund its expansion into new markets and drive product and platform innovation. The firm said that it already tripped its AUM to cross the $1 billion mark in August 2022 and grow its user base ... Read more ›
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Yoma Strategic recently announced its plan to acquire Telenor Group‘s 51 percent share of Digital Money Myanmar Limited (Wave Money) for only $40 million. The purchase cost is less than the previous consideration of $53 million, the company said in a statement released on November 21. The amendment in the purchase agreement was signed last ... Read more ›
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Start-up NeuralGarage has announced that it raised $1.45 million in seed funds that will boost its effort to develop ‘VisualDubô’ solution that will empower content creators across the board, globally. The funding round was led by Exfinity Ventures and participated by angel investors RAAY Global (Amit Patni Family Office), Vishal Agarwal and Raj Kulasingam (iconic ... Read more ›
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Another $40 million has been added to ISEE’s capital after the recent success of the self-driving technology company’s Series B funding round. The round was led by Founders Fund and participated by Maersk Growth, Eniac Ventures, New Legacy and other new and existing investors. Fresh fund infusion brings ISEE’s total funding to $70 million since ... Read more ›
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Singapore-based Betafi recently announced that it secured $1.3 million in pre-seed funds from investors co-led by Together Fund, Entrepreneur First, and Titan Capital. The funding round was also participated by Nir Eyal and the founders of Razorpay, Pine Labs, Snapdeal, and Livspace. Betafi, which provides a unified user research platform, helps product teams conduct user ... Read more ›
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Startup founders looking to attract investors need to show proof of an outstanding team and must be realistic with their valuation numbers, said Bernard Moon, Co-founder & Partner at SparkLabs Group, a South Korean accelerator and fund network. “Awesome, cutting-edge technology never trumps a weak found team or a team filled with ego and issues,” ... Read more ›
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SEJONG Telecom, Inc. will form a consortium with IRM Co., Ltd. and Pusan National University Hospital to build a platform for blockchain-based medical data management and NFT issuance for medical image data. Sejong Telecom Consortium was selected the blockchain technology validation PoC(Proof of Concept) project which supports blockchain-related services before commercialization by the National IT ... Read more ›
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Baraka, a fintech firm that is based in Dubai, announced that it raised $20 million in a funding round led by Valar Ventures, a New York-based investor backed by billionaire venture capitalist Peter Thiel. In a statement, Baraka said, it was the first investment in the Middle East for Valar Ventures, adding that investment firm ... Read more ›
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Rootopia, a fintech startup connecting students with angel investors in Vietnam, has announced that it recently secured US$1 million in a pre-seed round. With the fresh capital from Genesia Ventures, ThinkZone Venture, and BK Fund, Rootopia will now be able to grow its early user base to reach product-market fit. It also plans to improve ... Read more ›
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IFC has launched a $225-million platform to help build the digital economy in Africa, Middle East, Central Asia, and Pakistan. This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. “Support for ... Read more ›
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Startup founders need to be authentic and prepared when they get the chance to meet prospective investors, according to Rex Fong, founding partner at investment and advisory group Capitale Ventures. In an interview with AsiaTechDaily, Fong also urged startup CEOs to backup their valuations with numbers and narratives to convince investors to pour money into ... Read more ›
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DeepBrain AI, a Korean startup company specializing in artificial intelligence (AI), today announced that it has been named a CES® 2023 Innovation Awards Honoree for Re;memory in the Virtual & Augmented Reality (VR/AR) category. The announcement was made ahead of CES 2023, the world’s most influential technology event, happening Jan. 5-8 in Las Vegas, US. This year’s CES Innovation ... Read more ›
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Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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15% 9 |
CNET
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7% 4 |
Eurogamer.net
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6% 2 |
Gizmodo
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6% 1 |
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28.11.2024 02:44
Last update: 02:35 EDT.
News rating updated: 09:31.
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