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. âSupport for ... Read more âș
9
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 âș
0
DeepBrain AI, a Korean startup company specializing in artificial intelligence (AI), today announced that it has been named a CESÂź 2023 Innovation Awards Honoree for Re;memory in the Virtual & Augmented Reality (VR/AR) category. The announcement was made ahead of CES 2023, the worldâs most influential technology event, happening Jan. 5-8 in Las Vegas, US. This yearâs CES Innovation ... Read more âș
2
Singapore-based AI-driven property portal MOGUL.sg has raised S$9 million (about $6.5 million) in its first-ever funding round, the company announced today. The lead investor is Nech Capital, a Singapore-based alternative investment management company that invests in both public and private equities, including SMEs and start-ups. With the funding, MOGUL.sg is looking to add more features ... Read more âș
0
Global private market exchange ADDX now has around $140 million in total funds after it raised $20 million from its pre-Series B round. Part of the newly raised capital will be spent on growing ADDX Advantage, the companyâs wealth management platform that was launched early this year for private banks, brokerages and family offices, and ... Read more âș
0
Zenlytic, the enterprise-grade business intelligence tool for commerce, announced that it raised $5.4 million during its recent funding round led by Bain Capital Ventures. The other participants in the round include Primary Venture Partners, Correlation Ventures, Company Ventures, Habitat Partners (Red Antler), and the Sequoia Scout Fund. Used as a tool for commerce brands, Zenlytic ... Read more âș
0
Binance, the worldâs leading blockchain ecosystem and cryptocurrency infrastructure provider, entered into a joint venture (JV) agreement with Royal Group of Companies (Royal Group), Cambodiaâs strategic investment holding company, to solidify the relationship of the two firms and to expand blockchain ecosystem in Cambodia. Early this year, the two also signed a memorandum of understanding ... Read more âș
2
Committed to accelerate the digital transformation of the worldâs fourth largest population, Privy has partnered with KKR, a leading global investment firm. They announced on Monday, November 14, the signing of definitive agreements that will allow KKR to participate as the lead investor in the $48 million Series C funding round. Other participants are existing ... Read more âș
1
Indiaâs Phyx44 can already proceed with its plan to develop animal-free milk proteins and fats for use in dairy products after it raised seed fund amounting to $1.2 million. The money came from its recent funding round led Better Bite Ventures and participated by Ahimsa VC, PeerCapital, Spectrum Impact, Rohit Gulati (Managing Director and Partner ... Read more âș
0
With its latest fund injection amounting to S$10.5 million from Series A of its funding round, FastCo plans to make deeper inroads into the regional markets as it focuses on fortifying its marketing initiatives and growing its sales and product development teams. FastCo has announced that it raised S$4.7million in investments during the extended Series ... Read more âș
0
Boardable, an online board management and meetings platform, secured another $2.6 million to fund product innovation and accelerate its growth in the markets that need board management tools the most. The online board management portal announced that it closed $2.6 million in Series A-1 financing from existing investors led by Base10 Partners, VisionTech, and Collina ... Read more âș
12
Wavemaker Impact, Southeast Asiaâs first climatetech venture builder, has announced the first close of its debut fund to drive decarbonization in the region at scale. And in the next two years, Wavemaker Impact hopes to launch 8 to 12 new sustainability-focused businesses. Choo Heng Tong, the Executive Vice President for New Ventures and Innovation, EDB, ... Read more âș
17
WriterZen is working to expand its product features and penetrate strategic markets in the US, UK and Australia in 2023 after it secured seed funding of $1.35 million. Singaporeâs AI-based SEO content creation software-as-a-service company hopes to further accelerate its growth next year after its recent seed funding round led venture investor Wavemaker Partners. âGoogle ... Read more âș
42
Philippine-based circular economy startup Humble Sustainability has raised $750,000 in Seed funding to that will enable it to bring companiesâ excess inventory back to circulatory through its technology services. Leading Humbleâs seed round was Seedstars International Ventures, a seed-stage venture fund dedicated to emerging and frontier markets. The other participants were iSeed Ventures, an early-stage ... Read more âș
0
Singapore-based healthcare platform Speedoc announced that it already closed its pre-series B funding round with $28 million in investments that will boost their efforts to make virtual hospitals a reality across the Southeast Asia region. The funding round got the support of new investors including Bertelsmann Investments, Shinhan Venture investment and Mars Growth and its ... Read more âș
22
Korean startup Imagoworks Incâs 3Dme Crown, Â a digital dental CAD solution company based on artificial intelligence, is attracting attention as the next-generation dental CAD. 3Dme Crown is an automatic crown design module of 3Dme Solutions, Imagoworksâ AI-based web dental solutions. Based on the patientâs 3D scan data, using AI technology, the crown prosthesis design that ... Read more âș
32
Startups looking at going global should first establish proof of local traction before doing so, John Lim, Partner at Meet Ventures, said in an interview with AsiaTechDaily. âIf you canât generate demand locally, it is usually even more difficult to generate demand overseas,â Lim said, adding that many good Series B/C startups he has come ... Read more âș
0
Seoul-based Korean game company  Buff Studio announced launch of a demo version of Blue Wednesday,an adventure game with a story of jazz, love, and failure, on Steam from November 4th. Users operate the main character, âMorisâ to walk around the city and interact with objects to run the story. In the game there are more ... Read more âș
5
Reaffirming Irelandâs commitment and strong ties to Singaporeâs fintech ecosystem, Irelandâs Deputy Prime Minister Leo Varadkar will lead an Irish fintech trade mission to Singapore, coinciding with the Singapore Fintech Festival. The three-day trade mission, organised by Enterprise Ireland, the Irish governmentâs trade and innovation agency, and the largest VC in Europe (by deal count), ... Read more âș
0
Indonesian restaurant management startup and culinary franchise Runchise has announced raising Seed funding in a round anchored by East Ventures. The funding round was also participated by Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors. The Seed funding was used to officially launch Runchiseâs online application to increase operational efficiency ... Read more âș
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17.12.2025 15:12
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