News

  • February 25, 2021

    Animoca Brands brings "MotoGP Ignition" to Flow blockchain, announces first collectibles NFT sale

    Animoca Brands, the developer and publisher of the successful blockchain games F1® DeltaTime and The Sandbox, is further expanding its push to bring mainstream consumers to blockchain by announcing that MotoGP™ Ignition, the competitive management and collectibles game platform based on MotoGP™, will be built on the Flow blockchain, with the first content sale to begin 26 March 2021. Flow was originally created by Dapper Labs, the compa...

  • February 15, 2021

    Robotics cafe startup Ratio nets $10m in series A round led by Frasers Property

    Robotics cafe and lounge startup Ratio has just completed raising US$10 million in its series A round, which was led by Singapore-based property giant Frasers Property, Tech in Asia has learned. Others that joined the round include JustCo, the Southeast Asian co-working unicorn, and zVentures, the venture arm of gaming and lifestyle brand Razer.

  • February 4, 2021

    Mobile Premier League raises $95M from Composite Capital, Play Ventures and more

    Mobile Premier League (MPL) has raised $95 million in a new financing round, just five months after it secured $90 million as the two-and-a-half-year-old Bangalore-based esports and gaming platform looks to grow in international markets. The new $95 million round, a Series D, was led by Composite Capital and Moore Strategic Ventures and gave the Indian startup a post-money valuation of $945 million, it said. (MPL was valued at about $46...

  • January 21, 2021

    Indonesian workforce platform Sampingan raises US$5 million series A round led by Altara Ventures

    Sampingan, an online platform for on-demand independent workers in Indonesia, announced today it has closed a Series A round of US$5 million led by Altara Ventures. Golden Gate Ventures, Antler, Access Ventures, XA Network and iSeed SEA also joined the round. “This funding will be allocated to the improvement of products for both the workers and businesses and reach more customers with our suite of business offerings,” said Wisnu Nugrah...

  • December 1, 2020

    Razer CEO Min-Liang Tan wants to nurture entrepreneurship in Singapore

    The EP!C Podcast is a podcast produced by Open Circles, in partnership with the Singapore National Youth Council to cover the stories and journeys of local entrepreneurs, in hopes of inspiring the next generation of local entrepreneurs. Min-Liang Tan, better known as Min, is a well-known figure and arguably “poster boy” for the Singapore entrepreneurship scene. He is the CEO and co-founder of Razer, the world’s leading lifestyle brand f...

  • November 24, 2020

    SHIELD announces DeviceSHIELD to protect small businesses from cyber fraud during the COVID-19 pandemic

    SHIELD, a global cyber security provider and compliance solution, has launched a new cyber fraud solution to help small businesses safeguard their online business amid the COVID-19 pandemic. Dubbed DeviceSHIELD, this cyber security solution examines the authenticity of a digital device and offers real-time actionable intelligence so business owners can identify counterfeit mobile devices and avoid fraudulent transactions.

  • November 3, 2020

    S$1 kopi, freshly made by a robot

    ROBOTICS and automation, touted for years as ways to ease the labour crunch in Singapore's F&B sector, have seen limited take-up, with operators largely put off by investment costs. But the difficulties of operating in the current pandemic could spark new interest in such solutions. In the span of one month, two homegrown cafes with fully automated robots making the drinks have opened. Ratio Café and Lounge, which first started out in C...

  • September 24, 2020

    Koh Boon Hwee-backed US$100M+ VC fund Altara Ventures to invest in 20-25 firms in SEA

    A group of tech and investment veterans, including Koh Boon Hwee, Tan Chow Boon and Seow Kiat Wang, have joined hands to launch Altara Ventures, an early-stage VC fund targeted at the Southeast Asian markets. Other General Partners of the fund are Gavin Teo and Dave Ng. "We are targeting a US$100M+ fund and are in the process of fundraising," General Partner Ng told e27. "We look to invest US$3-5 million on an average in pre-Series A, S...

  • August 20, 2020

    Celsius Holdings announces strategic investment of $22 million

    Celsius Holdings, Inc., (Nasdaq: CELH) (the "Company" or "Celsius"), maker of a leading global fitness drink, CELSIUS®, today announced that it entered into an agreement providing for a direct private investment of $22 million with two investors, Asia’s leading private equity firm and a leading global institutional investor. The transaction is expected to close on or about August 25, 2020. The Company also announced the expansion into ...

  • April 14, 2020

    Razer commits US$50 million to support business partners during the fight against COVID-19

    Razer™, the leading global lifestyle brand for gamers, today pledges to support business partners, both current and future, through the economic downturn brought about by the Coronavirus Disease 2019 (COVID-19). Razer will deploy up to US$50 million within 2020 through three main support arms within the ecosystem – Razer Gold, Razer Fintech and zVentures. The fund will be split across these three pillars in the form of financial contrib...

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