Betagro, a prominent player in Thailand’s integrated food industry, has recently launched Betagro Ventures, a new corporate venture arm to incubate innovative startups in the food and agricultural technology sectors.  With a focus on supporting innovation, Betagro Ventures has allocated a $30 million fund to invest in potential startups to drive advancements across its ecosystem. […]

Singapore-based Health technology startup Thrixen has successfully secured an investment totaling US$7 million, as announced by its CEO Shavit Clein. The funding round was co-led by 22Health Ventures, an early-stage investor specializing in health technology, and John Ballantyne, co-founder of Aldevron, a prominent biotechnology company.  Thrixen intends to allocate these funds towards furthering the development […]

Thailand’s leading cryptocurrency exchange, Bitkub Capital Group, is gearing up to launch an initial public offering (IPO) by the close of 2025. The objective behind this move is to facilitate an expansion into the emerging markets of Southeast Asia, with a focus on countries like Cambodia, Vietnam, and Laos. Bitkub Capital Group’s founder envisions the […]

AsiaTechDaily proudly presented its latest subscriber-exclusive online event, the Innovation Exchange Program, on 22nd April. This event proved to be a platform for insightful discussions and transformative ideas, bringing together a select audience of subscribers from around the world. Dr. Daniel Swan, AsiaTechDaily’s Investor of the Month, was at the center of attention, and he […]

Jago Coffee, an Indonesia-based mobile cafe startup, has successfully secured a Series A funding round of US$6 million. The investment was led by Intudo Ventures and BEENEXT Accelerate, with participation from ORZON Ventures and D Global Ventures. The funding is crucial for the cafe startup as it seeks to expand its presence and offerings in […]

Nibertex, a deep tech startup headquartered in Singapore and operating in the Philippines, has concluded a highly successful funding round, which was oversubscribed. This funding initiative was spearheaded by Foxmont Capital Partners, a venture capital firm based in the Philippines, with additional support from influential Southeast Asian families. With the backing of Foxmont Capital Partners, […]

Rio Tinto, a prominent Australian mining company, has partnered strategically with Founders Factory, a renowned global venture studio and startup investor. This collaboration aims to support the development and commercialization of technologies in the mining sector, aligning with Rio Tinto’s mission to innovate and meet the world’s growing demand for essential materials. Under this partnership, […]

Understanding the statistical dynamics of venture capital markets is often important for investors to make informed decisions and mitigate risks effectively. Likewise, achieving an equilibrium between selecting promising startups and managing existing portfolios is essential for optimizing returns and fostering growth.  In Part 1 of our interview series with Jeffrey Paine, Managing Partner at Golden […]

Indian food delivery platform Swiggy has undergone a corporate transformation, transitioning from a private limited entity to a public limited company, according to reports. The company’s decision to change its status was formalized through filings with the Registrar of Companies (RoC), indicating a strategy ahead of its anticipated initial public offering (IPO) later this year. […]

Japanese fintech leader SmartPay has secured $7 million in a pre-Series A funding round, oversubscribed and led by SMBC Venture Capital. Other participants in the round include Japanese venture capital firm Angel Bridge, European venture capital firm Global Founders Capital, and American venture capital firm Matrix Partners. Smartpay, one of the leading fintech startups in […]