Southeast Asia’s used car marketplace giant Carro is expanding into the Japanese market through a joint venture with SoftBank Corporation, according to an announcement. The JV will be named Carro Japan Co Ltd and will introduce a full suite of services, such as subscription-based services and car leasing. Through this strategic partnership, Carro’s technology will ... Read more ›
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Healthcare startup Lissun has announced raising about $1 million in pre-Seed funding led by IvyCapt Ventures and backed by We Founder Circle and Supermorpheus. The funding round, which will help finance the company’s plans to expand its operations in 25 cities in India and 5 new therapeutic areas, was also supported by marquee angel investors, ... Read more ›
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Insurance on-blockchain pioneer YAS MicroInsurance seeks to further expand and insure the Web3 economy after raising $4.5 million pre-Series A funding round co-anchored by Noria Capital, ZEMU VC, and JKL Capital. 500 Startups also participated in the funding round, according to the announcement. YAS aims to offer cross-dimensional insurance opportunities. Insuring the Web3 economy and ... Read more ›
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Traveloka, Southeast Asia’s leading travel and lifestyle platform, has announced raising $300 million in a funding round led by a private credit fund managed by BlackRock. A consortium of global institutional investors also participated in the funding round that will finance the expansion of Traveloka’s platform and strengthen the company’s capabilities as the world opens ... Read more ›
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Elev8 Venture Partners, the venture investor backed by India’s leading early-stage platform Venture Catalysts, is launching a $200-million fund that will focus on growth-stage, tech-driven companies in India. The fund will be sector agnostics and intends to invest with a ticket size of $5-15 million in Series B and C rounds, according to the announcement. ... Read more ›
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With the advent of AI and Big Data in the rapidly expanding beauty tech market, Korea-based personal care product manufacturing company CHOWIS Co., leveraging the power of artificial intelligence (AI) to revolutionize the beauty and cosmetic market, is quickly gaining traction globally. CHOWIS’ popularity is increasing as the demand for personalized care products that cater ... Read more ›
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TissenBioFarm, a South Korean food tech startup developing cultured meat, announced that it had attracted 2.2 billion KRW (approx. 1.6million USD) in its pre-series A funding round. An impact investing company, Envisioning Partners, was the lead investor, with FuturePlay and Stonebridge Ventures participating. Mirae Holdings, an existing investment company, also made a follow-up investment. Despite ... Read more ›
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Headquarters, a Singapore-based finance dashboard for Web3 teams, has announced raising $5 million in a pre-Seed funding round co-led by Crypto.com Capital, Forge Ventures, and MassMutual Ventures. The funding round was also participated by Web3 funds including Saison Capital, Coinhako, Longhash Ventures, Ocular, Sky9 Capital, and DWF Labs. Other participants include angel investors from custodial ... Read more ›
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Cake DeFi, the leading and fastest-growing Singapore-based fintech firm, providing easy access to Decentralized Finance (DeFi), has launched its latest product – EARN – allowing users to generate returns via a single-sided liquidity mining service while protecting users against market volatility. Cake DeFi’s EARN is a fully transparent product that will allow users to generate ... Read more ›
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Pan-Asian venture capital (VC) firm Gobi Partners announced the closing of its US$10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz Malaysia Berhad (Allianz Malaysia) as a Limited Partner (LP). Other LPs backing the Gobi SSII Fund are institutional investors Malaysia Venture Capital Management Bhd (MAVCAP) and Sunway Group. The Gobi ... Read more ›
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Nutrition Technologies, a biotech company headquartered in Singapore and operating in Malaysia, has closed a $20-million equity venture round led by PTT Ventures, according to an announcement. The round also saw the participation of Sumitomo Corporation, ING Sustainable Investments, Mandala Capital, and existing investors Openspace Ventures, SEEDs Capital, and Hera Capital. Nutrition Technologies manufactures sustainable ... Read more ›
2
Malaysia-based social to conversational commerce platform Respond.io has announced raising $7 million in its Series A funding round led by venture capital investor Headline. The funding round was also participated by AltaIR Capital, Smart Partnership Capital, Sterling Oak Group, and Calendula Ventures, according to the announcement. Instant messaging has become the primary method of client ... Read more ›
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Playground, a new platform dedicated to Web3 Gaming and NFT discovery, announced the completion of its oversubscribed pre-seed funding round co-led by East Ventures and Mirana Ventures. The round was also participated by other notable institutions and angels such as Arc Capital (A global private crypto fund, affiliated with Pintu), James Z (Founder of Jambo), ... Read more ›
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SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced that it raised $2.5 million in a seed funding round anchored by Intudo Ventures and participated by 500 Global, Febe Ventures, AlphaLab Capital, BRI Ventures, and Caballeros Capital. Launched in January 2022, SerMorpheus is an Indonesian web3 enablement platform onboarding brands and retailers into the new digital economy. ... Read more ›
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Indonesia-based crypto exchange and marketplace Reku has announced raising $11 million in a Series A funding round led by AC Ventures. The funding round for the five-year-old startup was also participated by Coinbase Ventures and Skystar Capital, according to the announcement. Reku, which offers its users the lowest fees in the Indonesian market, said it ... Read more ›
0
With the advent of AI and Big Data in the rapidly expanding beauty tech market, Korea-based personal care product manufacturing company CHOWIS Co., leveraging the power of artificial intelligence (AI) to revolutionize the beauty and cosmetic market, is quickly gaining traction globally. CHOWIS’s popularity is increasing as the demand for personalized care products that cater ... Read more ›
0
Singapore-based fintech firm Cake DeFi has announced the launch of its global R&D hub, Birthday Research, to focus on developing best-in-class blockchain and digital asset technologies through open-source blockchain research and development. Cake DeFi has committed to investing $50 million in R&D over the next four years to develop new products and innovations for fintech ... Read more ›
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Singapore-based food and agritech startup Glife Technologies announced Wednesday that it raised $3 million in its Series A1 funding round led by venture capital investor Tin Men Capital. The funding round will help Glife in accelerating its commercial plans, including the launch of a digital marketplace for the F&B sector and strengthening its operational capabilities ... Read more ›
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Japanese multinational corporation Suzuki has acquired a strategic stake in Australian technology company Applied EV for an undisclosed amount, according to an announcement Wednesday. The strategic investments comes as Applied EVE seeks to accelerate its software development for next generation mobility. Suzuki entered into an agreement with Applied EV in September 2021 and has since ... Read more ›
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Philippine-based consumer finance startup BillEase announced that it has partnered with digital education company BrightCHAMPS to offer study now, pay later option. Customers can now use the BillEase app to choose from the world’s first Comprehensive Curriculum for Kids being offered at BrightCHAMPS and pay only 1/3 upfront, then split the payments in 3 months ... Read more ›
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Most popular sources
Business Insider
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24% 1 |
Tech Wire Asia
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20% 14 |
CNET
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7% 2 |
Eurogamer.net
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6% 1 |
The Verge
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5% 4 |
| View sources » | |
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28.11.2024 06:03
Last update: 05:56 EDT.
News rating updated: 12:52.
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