FOTA: Flight of Ages, the play-2-earn blockchain-based project, has raised $8.3 million in its angel fundraising, according to an announcement. Despite the fluctuations of the market in these days, FOTA makes its way to flourish and thrive with a solid, profound roadmap. According to FOTA’s developer – Meta DJINN, the project is merely the beginning ... Read more ›
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Venture capital (VC) firms Gobi Partners and Ozora Yatrapaktaja are partnering together to launch a US$10 million seed fund for women start-ups in Indonesia, called the Ratu Nusa Fund. Focusing on health tech, e-commerce/social commerce, future of work/education, prop tech, enterprise/SME tech and fintech, the Ratu Nusa Fund will be dedicated to supporting women-led seed-stage ... Read more ›
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HealthBeats, a Singapore-based healthtech startup with end-to-end remote vitals monitoring solution, today announced the close of a $3-million Seed round led by healthcare investor Heritas Capital together with SEEDS Capital, the investment arm of government agency Enterprise Singapore. HealthBeats is a global Remote Vitals Monitoring platform designed to bring healthcare home. It provides patients with ... Read more ›
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Singapore-based Finbots.AI, an Artificial Intelligence-envisioned firm bringing innovation to banks and financial institutions, announced that it has raised $3 million in a Series A funding round anchored by venture capital firm Accel. Accel made the investment from its Fund VII. The funding marks the first external investment Finbots.AI has raised, according to the announcement. With ... Read more ›
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Arrow, the Singapore-based eCommerce checkout solution announced that it has raised $4.8 million in a seed funding round led by Sequoia Capital India. The round was also supported by Alpha JWC and Guillaume Pousaz’s Zinal Growth, as well as high-profile angel investors such as Ooi Huey Tyng (current board member at AIG and Maxis), Steve ... Read more ›
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Nium, the global platform for modern money movement, said it has agreed to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a thriving network that allows consumers to deposit, withdraw, and make payments with cash from more than 30,000 local shops, cafes, and grocery stores. ... Read more ›
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Funding Societies (also known as Modalku in Indonesia), Southeast Asia’s leading SME digital financing platform, officially announced its investment into Bank Index (Bank Index Selindo), an Indonesian national Bank, alongside Carro, a Southeast Asian automotive marketplace platform. The move serves as a significant milestone in Funding Societies’ entry into the neobanking space and its drive ... Read more ›
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South Korea’s buyout fund VIG Partners announced that it had entered into a definitive agreement to acquire an 85% stake in Teazen Inc, a tea-based health drinks company known for “Tae-ri Kim Kombucha”. VIG said it will acquire the entire 70% stake from IBK-TS Private Equity Fund, the previous major shareholder, and an additional 15% ... Read more ›
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Malaysian financial wellbeing platform Payd announced that it has raised $1.7 million in a seed funding round to expand its Southeast Asian operations, fuelling the growth of the region’s financial tech market. The round was led by IFS Capital, with participation from 1982 Ventures and The Hive Southeast Asia, a recipient of the Dana Penjana ... Read more ›
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POC Pharma, a B2B service SaaS, raised a $10.3-million Series A funding round led by Alven, along with co-investment from seed investors Picus Capital, FEBE Ventures, and FJ Labs who have doubled down their investments. The funds will be used to accelerate the roll-out of its digital go-to-market solutions for the Pharmaceutical Industry in emerging ... Read more ›
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Crown Digital, the Singapore-based, full-stack hardware and software tech start-up behind ELLA the robot barista, has raised S$5 million (about $3.7 million) in a pre-Series A round from Temasek’s Heliconia Capital Management, Momentum Ventures (SMRT), ParticleX, Leave a Nest, Gloca Link, and M4ever. In addition to this most recent round of investment, East Japan Railway ... Read more ›
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Singapore-based battery recycling technology startup Green Li-ion announced that it has successfully closed its $11.55 million Series A funding round, led by energy-tech venture capital Energy Revolution Ventures Limited. The round was also backed by clean tech co-investors including the CVC arm of world’s fourth-largest renewable energy producer EDP (EDP Ventures), TRIREC, SOSV, Entrepreneur First, ... Read more ›
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Indonesian-based food tech startup OFF FOODS announced raising $1.7 million in a seed funding round led by Alpha JWC Ventures and participated by Global Founders Capital (GFC) and other strategic investors, including Creative Gorilla Capital, Lemonilo, and United Family Capital (UFC). Founded in 2021 by serial entrepreneur Dominik Laurus and experienced plant-based businessman Jhameson Ko, ... Read more ›
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Thunes, a Singapore-based global payments company, announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (Tookitaki) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer safe ... Read more ›
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2C2P, a global payments platform and Ant Group announced a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P. Through the strategic partnership, 2C2P’s extensive pool of merchants inclusive of global and regional brands will be connected with Alipay+, extending its ... Read more ›
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South Korea is one of the most thriving economy in Asia. The country is home to global corporates like LG, Samsung, and Hyundai and is a breeding ground for innovative startups, entrepreneurship, and technology. Every year, South Korea opens its doors, inviting global startups and entrepreneurs to develop and grow their businesses in the region. ... Read more ›
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Coins.ph, the Philippines’ leading fiat and crypto wallet services provider, has finalized the acquisition by global technology buyout firm Joffre Capital and received the necessary regulatory approvals. The new shareholders and management team under the helm of Wei Zhou, former chief financial officer of the global crypto exchange Binance, have recently joined the business and ... Read more ›
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BillEase, a buy now, pay later (BNPL) and consumer finance app in the Philippines, announced today that it has closed a $20-million debt facility from Lendable, an emerging market credit provider, to further accelerate the growth of its business in the Philippines. The new funding adds to the recent $11 million Series B equity raised ... Read more ›
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GoImpact, an ESG and Sustainable Finance start-up, announced the closing of its Series-A round fund-raising, at a valuation of $22 million, tripling that of the last round. The investors comprised a Hong Kong-listed company, Oriental Watch Holdings Limited, and a leading Hong Kong-based private investor. The support from these prominent investors is a recognition of ... Read more ›
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Voyager Innovations, the technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, raises US$210 million in new funds, propelling Voyager’s valuation to unicorn plus status, at nearly US$1.4 billion. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG. Other new investors include ... Read more ›
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5% 1 |
Android Authority
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4% 1 |
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28.11.2024 13:44
Last update: 13:36 EDT.
News rating updated: 20:33.
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