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Ed-tech — 26 Feb 2024

NativeX, a Vietnamese EdTech startup, has successfully raised $4 million in total funding within just eight months since its inception. The funding includes $1.5 million secured through SAFE instruments from angel investors in June 2023, with an additional $2.5 million completing its seed round. The funding was co-led by Ansible Ventures and Blueprint Ventures, with […]

AI & Big Data — 22 Feb 2024

Moonshot AI, a Chinese AI startup, has clinched a staggering sum of over $1 billion in its Series B funding round for the development of large language models (LLMs). The financial injection, led by e-commerce titan Alibaba and venture capital HongShan, drives Moonshot AI’s valuation to an impressive $2.5 billion.  HongShan, the Chinese counterpart of […]

Governments — 16 Feb 2024

Malaysia’s pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), has unveiled its initial investments under the Dana Perintis strategy, with $21 million. The investments include two direct investments in local startups and commitments to two venture capital funds. KWAP has announced its support for two startups, Bateriku (M) Sdn Bhd and Lapasar Sdn Bhd, as part […]

Venture Capital — 15 Feb 2024

East Ventures Korea has appointed Sang Han as its first partner for the South Korea fund, which was launched in October in collaboration with SV Investment, a Seoul-based VC firm. Sang Han has extensive experience in venture capital, having started in 2005 as an assistant vice president at Walden International for Singapore and Beijing. In […]

Food Technology — 14 Feb 2024

Simple Planet, a company specializing in the development of cell-cultured food ingredients, has announced that it recently secured approximately 8 billion won in investment from domestic venture capital firms. The investment is part of a pre-Series A funding round.  Simple Planet’s funding round saw participation from a diverse group of major venture capital firms and […]

AgriTech — 12 Feb 2024

Malaysian startup Qarbotech has secured $700,000 in seed funding to boost production of their photosynthesis enhancer, aiming for a 50x increase. This solution accelerates plant growth and reduces crop cycles, addressing global food security concerns.  Qarbotech is scaling up its photosynthesis enhancer production from 2,000 liters to 100,000 liters per month, alongside expanding its international […]

Accelerator — 8 Feb 2024

Netherlands-based investment firm Orient Growth Ventures has successfully closed its second fund, Orient Growth Fund II, amassing $90 million in commitments. This fund is a major increase from its inaugural $25-million fund raised in 2020. The firm has shown an escalating focus on backing early-stage venture capital managers across Southeast Asia and India. With Orient […]

Financial Technology — 7 Feb 2024

Hong Kong-based startup MediConCen, specializing in automating insurance claims through AI and blockchain, has secured $6.85 million in its latest Series A round. HSBC Asset Management led the investment, joined by existing backers G&M Capital and ParticleX and new investor Wings Capital Ventures.  This funding round brings MediConCen’s total raised capital to $12.7 million, fueling […]

Crypto — 6 Feb 2024

Oobit, a Singapore-based mobile payment app focused on cryptocurrency, has completed its Series A funding round, securing $25 million in investment. The funding round was led by the investment arm of Tether, a cryptocurrency software company, along with contributions from CMCC Global’s Titan Fund, 468 Capital, and Anatoly Yakovenko, co-founder of Solana. The exact valuation […]

Funding — 2 Feb 2024

Pixelmon, a decentralized web3 gaming IP company, has secured a seed investment of US$8 million from various investors, including Animoca Brands, Delphi Ventures, Amber Group, and Bing Ventures. Other participants in the funding round include Bitscale Capital, Cypher Capital, Foresight Ventures, Mechanism Capital, Sfermion, Spartan Labs, and VistaLabs. Following a challenging period of criticism, Pixelmon […]

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