Asia Pacific-focused alternative investment firm PAG announced that funds managed by its Real Assets group have entered into an agreement with First Solar to acquire First Solar’s project development and operations platforms in Japan. The project development platform being acquired is one of Japan’s largest solar pipelines and includes 293 MWDC of projects under construction ... Read more ›
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New York Stock Exchange-listed Sea Limited announced that its revenue grew 64.4% year-on-year in the first quarter of this year to $2.9 billion, beating most analysts forecast. Total gross profit was $1.2 billion, up 81.3% year-on-year while total net loss was $(580.1) million compared to $(422.1) million for the first quarter of 2021. Total net ... Read more ›
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Melbourne-based startup Blinq announced that it has raised A$5 million from Blackbird and Square Peg Capital to revolutionise how professionals share their details and manage ongoing relationships. Blinq lets users share a snapshot of their professional identity, make great first impressions, and manage ongoing relationships. It replaces business cards and static contact apps with a ... Read more ›
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Indonesian insurtech startup Qoala announced raising Series B funding of $65 million anchored by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus, and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and Salt Ventures also joined the investment round ... Read more ›
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Chainalysis, the blockchain data platform, announced a $170 million Series F financing led by Singapore sovereign wealth fund GIC , bringing its valuation to $8.6 billion. Existing investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon and Emergence Capital also participated. The funding round makes ... Read more ›
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Good Startup, a Singapore-based venture capital firm focused on the innovation and growth of the alternative protein sector, has closed its Good Protein Fund I at $34 million, according to an announcement. A cross-border, multi-stage fund, Good Protein Fund I saw participation from notable investors including Vijay Goradia, Founder and Chairman of Vinmar International; Harris ... Read more ›
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South Korean lifestyle home interior platform oHouse, has announced raising $182 million in a Series D funding round backed by SoftBank Ventures Asia. The funding round was also participated by BRV Capital management, Vertex Growth, which is anchored by Temasek-backed Vertex Holdings, BOND, Korea Development Bank, IMM Investment, and Mirae Asset Capital. Developed by Bucketplace ... Read more ›
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South Korea’s largest accelerator program for foreign startups, K-Startup Grand Challenge (KSGC), is accepting applications for its 2022 edition. The 3.5-month all-paid residency program invites global startups to participate in this program known as an entry point for business in the Asian market. KSGC is hosted by the Ministry of SMEs and Startups (MSS) and ... Read more ›
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Australia-listed fintech firm Peppermint Innovation announced that its unit has been granted a license to operate as an Electronic Money Issuer (EMI) by the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines. The EMI license authorises the Company to deliver e-wallet services through its bizmoto mobile App allowing any Filipino, not just ... Read more ›
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LottieFiles, a motion graphics platform for designers and developers, announced raising $37 million in a Series B funding round led by Australian venture capital investor Square Peg Capital. The funding round was also backed by XYZ Venture Capital, GreatPoint Ventures, and existing investors 500 Startups and M12, the venture fund of Microsoft Corp. LottieFiles said ... Read more ›
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AccelByte, a platform for game backend services and tools, announced that it has raised $60 million in Series B funding. The investment was led by SoftBank Vision Fund 2, with participation from Sony Interactive Entertainment and existing investors Galaxy Interactive and NetEase. The financing follows AccelByte’s $10 million Series A which was led by Galaxy ... Read more ›
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Global From Day 1 (GD1) has announced New Zealand’s first dedicated web3/Crypto focused venture capital fund. The US$5 million fund, ‘GD1 Crypto Fund 1’, will be led in-house by renowned cryptocurrency and web3 expert Nawaz Ahmed as General Partner. Focused on investing in the next generation of web3/Crypto entrepreneurs and projects around the world, the ... Read more ›
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South Korea has progressed a lot as a country ravaged by war in the 1950s to becoming an economic powerhouse in Asia. The country’s focus on education, business, and innovation has made it the 11th largest economy and the fifth largest exporter of goods and services globally. In July 2021, the United Nations Conference on ... Read more ›
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Akadasia, a Singapore-based mission-driven edtech startup is proud to announce that they have raised $550,000 in their latest seed round of funding. This is supported by Singapore’s first edtech accelerator, EduSpaze, Hester Spiegel from the Spiegels Future Family Fund GMBH, Andrew Hwang (Ex-Director of Facebook), Kwok Yang Bin from 6th Horizon LLP (Ex-ZenDesk), SuperCharger Ventures, ... Read more ›
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Vietnamese electric motorbike startup Dat Bike has announced a $5.3 million Series A fundraise led by Jungle Ventures, with participation from existing investor Wavemaker Partners. This brings the total fundraise by the company since inception to $10 million. Dat Bike intends to use the new round of funding to invest in technology, scale production, expand ... Read more ›
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Biofourmis, a Sigapore-founded digital therapeutics firm, announced that it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company’s next phase of growth. Biofourmis also announced that former Medtronic ... Read more ›
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Vietnam- and Singapore-based AI fintech startup Trusting Social has successfully raised $65 million in its Series C funding round led by the Sherpa Company, a subsidiary of Masan Group. BDA Partners was the exclusive financial advisor to Trusting Social on the transaction. Trusting Social is an AI fintech company aspiring to democratize financial services through ... Read more ›
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Korean K-12 edtech startup Gguge, which has been heralded as the “Outschool of Asia”, announced that it has raised $10 million in a Series A funding round backed by Korea Investment Partners (KIP), Murex Partners, and PKSHA Capital from Japan. The Korean startup is an education platform that offers online classes for students between the ... Read more ›
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As an industry that connects the country and levels the playing field, e-commerce empowers businesses to build their direct-to-consumer platform, especially MSMEs and start-ups. This democratization has resulted in the doubling of the e-commerce market last year and an expected market growth to US$24 billion (PHP1.2 trillion), or 5.5% of GDP, by 2022. To help ... Read more ›
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Ayu Health Hospitals, a fast growing healthcare start-up with a network of 70+ hospitals across India, has announced that it has raised $27 million in Series B funding led by The Fundamentum Partnership, an early growth stage fund founded by Nandan Nilekani and Sanjeev Aggarwal. The round also saw participation from US based fund 57 ... Read more ›
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25% 1 |
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5% 1 |
Android Authority
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28.11.2024 12:51
Last update: 12:46 EDT.
News rating updated: 19:42.
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