The first self-build data center in Osaka, Japan will soon become fully operational next year. Digital Edge (Singapore) Holdings Pte. Ltd announced this development as the new data center or OSA 1 is nearing completion by the end of 2021. Samuel Lee, Chief Executive Officer of Digital Edge, said the completion is “on time” considering ... Read more ›
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Grab Financial Group announced the expansion of its ‘Grow with Grab’ suite of products and features to empower small and medium businesses (SMBs) across Southeast Asia, a region with an e-commerce opportunity valued at $172 billion in 2025. In a statement, the financial arm of Southeast Asian ride-hailing and food delivery major Grab said it ... Read more ›
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Animoca Brands, the Hong Kong-based company that brings property rights to gamers via NFTs, announced that it has raised $65 million in its latest funding round at a pre-money valuation of $2.2 billion. The announcement said the capital raise was participated by a number of investors, including Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly ... Read more ›
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Singapore has maintained its 5th position in Asia and 17th position globally as a startup ecosystem, according to the Global Startup Ecosystem Report (GSER) 2021. The GSER report ranks cities against six success factors – Performance, Funding, Connectedness, Market Reach, Knowledge, and Talent. Similar to 2020, the report shows that the city-state performed well in ... Read more ›
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Singapore-based Aerial Mobility startup H3 Dynamics has secured US$26 million funding in Series B round led by Toyota Motor and Sumitomo Mitsui Banking Corporation backed- SPARX Mirai Creation Fund. Other investors include the investment arm of Singapore Economic Development Board-EDBI, Capital Management Group, Audacy Ventures, the Grosvenor Group, French Strategic investors ATEQ, and Ascent Hydrogen. ... Read more ›
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India-based FinTech firm CRED bags US$251 million in a fresh funding round led by its existing backers Falcon Edge Capital and Tiger Global. Two new investors Steadfast and Marshall Wace also participated in the round along with its existing investors Insight Partners, DST Global, Sofina, Coatue, Dragoneer, and RTP. With this new funding round, startup’s ... Read more ›
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Philippine-based payments starup Mynt is the lone startup from the country that made it to Credit Suisse’s Southeast Asia 35 Unicorns list. SEAsia 35 Unicorns list highlights technology companies in several industries and countries in the sub-region that are valued at over $1 billion. Mynt is the holding company of Globe’s fintech arm managing the ... Read more ›
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Singapore edtech startup Geniebook announced raising $16.6 million in a Series A funding round led by East Ventures, Lightspeed Venture Partners, and several prominent angel investors. Among the private individuals who invested in this round are John Danner (Dunce Capital), Gaurav Munjal & Roman Saini (Unacademy), Kunal Bahl & Rohit Bansal (Snapdeal), Alvin Tse (Xiaomi), ... Read more ›
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MarketWorlf, a Singapore-based intra-day options-only trading app, announced raising $5.5 million in seed funding backed by high-profile individual investors, including Anil Thadani, Ashutosh Sinha, and Ramakant Sharma. The fresh funding will be used to build new products, expand its user base, and attract top talent, according to the startup. MarketWolf last raised $1.7 million in ... Read more ›
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India’s short-video app Chingari recently launched its first NFT (non-fungible tokens) marketplace and first-ever crypto tokens, $GARI. With $GARI, Chingari targets to transform the creator ecosystem of the Indian sub-continent by allowing its onboard content creators to set up their own ecommerce space including physical merchandise, help people fund their favourite artists, and build NFT ... Read more ›
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Singapore’s gaming and entertainment-focused firm, Coda Payments has acquired mobile esports platform BAASH from developer CAPSL Entertainment Ltd. recently. The acquisition will enable Coda to expand its existing gaming products and solutions portfolio, including Codashop-its global marketplace for digital gaming content, and CGS (Codashop Global Series) – its fastest-growing esports platform. BAASH, developed by veterans ... Read more ›
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Indonesian startup GoCement has successfully secured seed funding from Arise to accelerate product development of the B2B marketplace by onboarding large distributors into its platform, according to an announcement. The current funding round will also be used to grow rapidly by leveraging Arise’s network of construction companies within Indonesia’s state-owned enterprise. The seed funding from ... Read more ›
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Carousell Group, the leading classifieds group in the Greater Southeast Asian region, has acquired Ox Street, one of the fastest-growing end-to-end marketplaces for authenticated sneakers and streetwear in the region. Founded in August 2012 in Singapore, the group has a leading presence in eight markets under the brands Carousell, Mudah.my, Cho Tot, and OneKyat, serving ... Read more ›
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Singapore-based BioTech firm AUM Biosciences has recently raised US$27 million in Series A funding round led by a Southeast Asian medical device distribution platform, Everlife along with participation from a global health sciences investment firm, SPRIM Global Investment. AUM Biosciences will use the fresh capital to accelerate its business growth and pipeline expansion. The startup ... Read more ›
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Global Venture Capital firm Antler has recently announced that it has raised over $300 million for its fund to date. The investors in the fund include Phoenix Group, Schroders, and Vaekstfonden. Antler’s primary focus will remain pre-seed stage funding with the firm now having the ability to offer its portfolio companies follow-on-capital as they nurture ... Read more ›
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Mastercard and Grab have launched a regional partnership to facilitate new skills to millions of informal workers and small businesses in Southeast Asia (SEA). This partnership aims to create bespoke training programs to support digital entrepreneurship and digital upskilling for Grab’s driver-, delivery-, and small business partners. The Mastercard-Grab partnership aims to grant underserved communities ... Read more ›
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Pine Labs, one of Asia’s leading merchant commerce platforms, has unveiled a range of speedier and secure online payment products with the launch of Plural. Plural is expected to disrupt the payments gateway space and make the offline-to-online transition easier for Pine Labs’ merchant base and other online businesses looking to tie up with a ... Read more ›
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Vietnamese startup EI Industrial has raised $670,000 in seed financing round led by early-stage venture capital firm Cocoon Capital with participation from BEENEXT. Launched in September 2020, EI Industrial is the first industrial-focused B2B marketplace in Vietnam that aims to accelerate digital procurement in Vietnam. It has become one of the top 100 companies with ... Read more ›
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SWAP, the first-ever re-commerce platform in Bangladesh, has raised $1.25 million in seed funding, led by Accelerating Asia with participation from ZA Capital Advisory, Bangladesh Angels, and Southeast Asian angel investors. The platform allows consumers to sell, swap, or buy products such as smartphones, laptops, appliances, vehicles, and more at the press of a button. ... Read more ›
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FMCG precision marketing platform Shoplinks has raised $900,000 in a seed funding round led by early-stage venture capital firm Cocoon Capital, with participation from the Indonesian Women Empowerment Fund (IWEF). Since its launch in 2020, Shoplinks has been working with major FMCG brands such as Procter and Gamble, Unilever, and Johnson and Johnson, processing thousands ... Read more ›
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Most popular sources
Business Insider
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28% 8 |
Ars Technica
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10% 6 |
Android Authority
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9% 6 |
The Verge
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5% 3 |
Mashable
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5% 2 |
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19.12.2025 15:21
Last update: 15:16 EDT.
News rating updated: 22:11.
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