News

Animoca Brands and NEOM announce strategic partnership and investment to drive regional Web3 development

October 30, 2023

Animoca Brands and NEOM announce strategic partnership and investment to drive regional Web3 development

Animoca Brands Corporation Limited (“Animoca Brands” or “the Company”), the company at the forefront of advancing digital property rights for the open metaverse, today announced that it has entered into a Strategic Partnership Memorandum of Understanding (“Strategic Partnership”) with NEOM Company (“NEOM”) to drive regional Web3 initiatives in line with the Saudi Vision 2030 plan...

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Triple-A raises $10M Series A from Peak XV and Shorooq Partners to be the most regulated payments institution for digital currency worldwide

October 25, 2023

Triple-A raises $10M Series A from Peak XV and Shorooq Partners to be the most regulated payments institution for digital currency worldwide

Global digital currency payments institution Triple-A announces their US$10 Million Series A funding round today. Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of MENA’s leading technology investors. Founded in 2017 by serial fintech founder Eric Barbier...

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Animoca Brands raises US$20M for its Mocaverse project

September 11, 2023

Animoca Brands raises US$20M for its Mocaverse project

Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”), the company advancing digital property rights for gaming and the open metaverse, today announced it has received binding commitments for a funding round to accelerate Mocaverse, one of the Company’s marquee projects. Animoca Brands has raised US$20 million (approximately A$31.3 million)...

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Mighty Action Heroes Announces Open Beta: Mighty Road

September 6, 2023

Mighty Action Heroes Announces Open Beta: Mighty Road

The action-packed mayhem of Mighty Action Heroes looks to go up a few notches in just over a week. Mighty Bear Games, the developer of Mighty Action Heroes, announced that the Open Beta: Mighty Road is slated to begin on September 15. Fans of battle royale action can now officially mark this month as a “September to dismember,” albeit in a fun, cartoonish way...

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Animoca Brands to invest US$30 million in hi, form strategic partnership

July 27, 2023

Animoca Brands to invest US$30 million in hi, form strategic partnership

hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, subject to agreement of definitive terms, Animoca Brands will invest US$30 million in hi...​

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Mighty Bear Games will publish Mighty Action Heroes on Arbitrum blockchain

July 10, 2023

Mighty Bear Games will publish Mighty Action Heroes on Arbitrum blockchain

Mighty Bear Games said it will partner with Web3 game marketplace Treasure and switch its Mighty Action Heroes game to the Arbitrum blockchain just ahead of the game’s open beta. Singapore-based Mighty Bear Games has been working on Mighty Action Heroes, a cartoony Web3 battle royale game, for some time. The switch to Arbitrum from Polygon is a strategic move...​

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Mitsui forms a strategic partnership with Web3 leader Animoca Brands

June 19, 2023

Mitsui forms a strategic partnership with Web3 leader Animoca Brands

Web3 is a decentralized next-generation iteration of the internet based on the use of public blockchain technology to create systems that are both highly secure and universally accessible. There is intense interest in this industry in Japan; the Japanese government and the Japan Business Federation (Keidanren) are calling for the adoption of Web3 as a national strategy...​

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SG-based Ross Digital to export new robotics tech to US, Europe

June 14, 2023

SG-based Ross Digital to export new robotics tech to US, Europe

Ross Digital, a robotics firm for food and beverage (F&B) products, has partnered with the Singapore government to develop technology that will enable robots to quickly learn how to fry, cook, steam, make coffee, and clean dishes. In a recent interview with Tech in Asia, Ross Digital CEO and founder Gavin Pathross said both the company and the government have invested S$3.5 million (US$2.6 million) in the project...​

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Finblox (FBX) Announces FinGPT AI Platform Ahead of Token Launch

May 7, 2023

Finblox (FBX) Announces FinGPT AI Platform Ahead of Token Launch

Powered by Finblox's native token, FinGPT uses advanced AI algorithms to provide users with a tool for analyzing financial data, identifying patterns, and making informed decisions. Finblox, a crypto super-app backed by Sequoia Capital and Dragonfly enabling users to earn up to 100x in rewards on their crypto assets, has announced the launch of FinGPT, an AI-powered financial consultant....​

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Razer Stream Controller X is a Creative Console Powered by Loupedeck

April 13, 2023

Razer Stream Controller X is a Creative Console Powered by Loupedeck

Razer has launched the new $149 Stream Controller X, a new entry-level control deck that is designed to give streamers and content creators a single hub where they can access and control everything they need for their live streams and workflows. The new Stream Controller X, which is $40 cheaper than the Loupdeck Live S, has 15 programmable LCD buttons on an elevated panel...​

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Razer establishes zVentures Web3 Incubator for the development of next gen Web3 gaming

April 11, 2023

Razer establishes zVentures Web3 Incubator for the development of next gen Web3 gaming

Razer™, the leading global lifestyle brand for gamers, is introducing the zVentures Web3 Incubator (ZW3I) for game companies and developers worldwide. zVentures is Razer’s early-stage ventures arm and an integral component of Razer’s strategic investment activities. Through ZW3I, Razer aims to help build the next generation of blockchain-enabled gaming companies and projects.​

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Animoca Brands named one of Fortune Crypto 40

April 11, 2023

Animoca Brands named one of Fortune Crypto 40

Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, announced today that it has been named one of the Fortune Crypto 40. The list recognizes the top companies within the crypto industry and ranks them across eight categories; Animoca Brands is one of the winners in the Venture Capital category.

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Lambda Selected As 2023 Americas NVIDIA Partner Network Solution Integration Partner Of The Year

April 4, 2022

Lambda Selected As 2023 Americas NVIDIA Partner Network Solution Integration Partner Of The Year

For the third consecutive year, Lambda has been chosen as an NVIDIA Partner Network (NPN) Solution Integration Partner of the Year in the Americas. NPN Partner of the Year awards honor and recognize companies for their impact on AI education and adoption through the use and distribution of NVIDIA accelerated computing. Founded and led by deep learning engineers, Lambda provides deep learning infrastructure through our GPU cloud offering as well as our colocation...

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Increase productivity with the Loupedeck AI Assistant

April 3, 2023

Increase productivity with the Loupedeck AI Assistant

Discover how the Loupedeck AI assistant, powered by OpenAI, can transform your creative process by streamlining tasks, from ideation to editing, and social media management. Elevate your content and boost productivity effortlessly.

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Singapore’s The Nurturing Co wants to make every household more eco-friendly

March 30, 2023

Singapore’s The Nurturing Co wants to make every household more eco-friendly

A sustainable consumer product company that manufactures and sells environmentally friendly daily essentials, The Nurturing Co was founded in Singapore in 2018, offering homecare products that use natural fibres in place of plastic. Already available in Malaysia, Singapore, Korea, and Thailand, The Nurturing Co aims to expand its licensing to bring its products to new markets such as the Philippines, Indonesia, and Australia in 2023.

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Frameplay Appoints Former Tencent EMEA President Jurgen Post as Chairman of the Board

March 7, 2023

Frameplay Appoints Former Tencent EMEA President Jurgen Post as Chairman of the Board

Frameplay, the global leader in enabling intrinsic in-game advertising, today announced Jurgen Post’s appointment as the company’s chairman of the board. Post has over 35 years of industry experience and served as CEO of Miniclip after its acquisition by Tencent, one of the world’s largest video game and social media platforms. As president of international partnerships at Tencent EMEA, Post led the merger and acquisition activity of over 10 video game studios...

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Lambda Raises $44M To Build The World’s Best Cloud For Training AI

March 21, 2023

Lambda Raises $44M To Build The World’s Best Cloud For Training AI

Today, we’re excited to announce that Lambda has raised a $44 million Series B to accelerate the growth of our AI cloud. In the coming decades, AI will have a tremendous impact on Global GDP. It is the future of work, entertainment, industry, and science. Lambda is working hard to deploy these funds to build the best cloud in the world for training AI.

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Licensed Crypto Payment Gateway TripleA appoints Elodie Trichet as new COO

January 2, 2023

Licensed Crypto Payment Gateway TripleA appoints Elodie Trichet as new COO

TripleA, a crypto payment gateway licensed by the Monetary Authority of Singapore (MAS) has appointed Elodie Trichet as its Chief Operating Officer. A payments veteran, Elodie brings over 18 years of international online payments experience globally. Elodie was Head of Partnerships at Adyen as a founding employee, and Head of Product Strategy Enterprises & Financial Partnership at Airwallex. Before joining TripleA, she was the Director ...

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Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 Gaming

December 14, 2022

Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 Gaming

After a strong 2021 in which it passed the $1 billion valuation mark and raised $910 million across two funding rounds, blockchain gaming platform Forte is now looking to branch out to other Web3 verticals through a partnership with startup venture studio SuperLayer. The Forte platform is intended to allow game publishers to easily integrate blockchain technologies into their titles, including features such as token wallets and non-fungible token (NFT) transactions...

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Holiday Gift Guide for Creators

November 24, 2022

Holiday Gift Guide for Creators

The holiday season is the time for giving gifts and connecting with family and friends. Loupedeck Consoles are the best holiday gifts for photographers, filmmakers, designers, and people who stream and create content for their Twitch or Youtube channels. This Loupedeck 2022 Holiday Gift Guide will help you select the perfect Loupedeck Console. You’ll learn everything you need to know about each Loupedeck console, and which type of creator ...

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First-of-its-Kind Report Reveals Gamer Preference for Intrinsic In-game Ads as Global Gaming Market Continues to Expand

November 1, 2022

First-of-its-Kind Report Reveals Gamer Preference for Intrinsic In-game Ads as Global Gaming Market Continues to Expand

Frameplay, the global leader in enabling intrinsic in-game advertising, today released its inaugural 2022 Intrinsic In-game Advertising Report exploring gamer sentiment toward in-game advertising and perception of intrinsic in-game ads. Such ads are placed “in the game” as a seamless part of the gameplay environment and are sometimes referred to as “native in-game ads.” The survey, which polled more than 1,200 gamers, revealed a preference ...

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Partipost Raises USD$7 Million to Continue its Expansion Across Asia

October 19, 2022

Partipost Raises USD$7 Million to Continue its Expansion Across Asia

Partipost, Asia’s fastest-growing crowd influencer marketing and commerce platform, announced on October 18 that it has secured an investment of over USD$7 million. The oversubscribed round is led by iGlobe Partners, with participation from Temasek’s Pavilion Capital, Taiwan Mobile, Cathay Venture, and Quest Ventures. With this fundraising round completed, iGlobe Partners’ partner Joyce Ng will be joining Partipost’s board as ...

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Rapyd Joins TripleA’s Current Investment Round.

September 28, 2022

Rapyd Joins TripleA’s Current Investment Round.

Rapyd has joined our current investment round, continuing to validate the progress we’ve made in enabling digital currencies! Arik Shtilman, Rapyd’s CEO said: “Rapyd is glad to participate in TripleA’s latest round. We believe digital currencies with strong compliance are a key step in revolutionising cross border payments.” TripleA affords all businesses a way to move beyond the era of integrating traditional payment methods ...

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Animoca Brands raises US$110 million in funding round led by Temasek, Boyu Capital, GGV Capital

September 8, 2022

Animoca Brands raises US$110 million in funding round led by Temasek, Boyu Capital, GGV Capital

Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”), the company advancing digital property rights for the open metaverse, today announced that it has closed a strategic funding round for US$110 million (approximately A$159 million) from the issuance of convertible notes (“Notes”) to a small number of institutional investors at a conversion price of A$4.50 (subject to conditions, see “Details of raise” ...

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InfiniteWorld acquires Super Bit Machine game studio for Web3 expansion

August 4, 2022

InfiniteWorld acquires Super Bit Machine game studio for Web3 expansion

InfiniteWorld is serious about Web3 and the metaverse, so it has acquired game studio Super Bit Machine for an undisclosed price. The aim is to use the independent game studio, the maker of Armajet, to build games that will drive consumer engagement for InfiniteWorld, which is an infrastructure company that wants to enable brands to create, monetize, and engage with digital content. “We’re bringing communities from Web2 to Web3, and ...

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Mighty Bear Games raises $10M for Mighty Action Heroes Web3 game

July 26, 2022

Mighty Bear Games raises $10M for Mighty Action Heroes Web3 game

Mighty Bear Games has raised $10 million through a token sale to launch a blockchain game division and make its Mighty Action Heroes Web3 game. The Singapore-based company wants to develop a series of immersive triple-A Web3 games that are “novel, fair and thoughtful,” said Mighty Bear Games CEO Simon Davis, in an interview with GamesBeat. Framework Ventures led the round in the in-game token sale, which included additional investment from ...

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MAS-licensed Crypto Payments Company TripleA Secures $4M in funding Led By Razer’s zVentures

July 16, 2022

MAS-licensed Crypto Payments Company TripleA Secures $4M in funding Led By Razer’s zVentures

TripleA, a Crypto Payments Company, announced that it secured $4 million in funding led by leading global lifestyle brand for gamers, Razer’s corporate ventures arm, zVentures. TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS). This allows the company to provide end-to-end cryptocurrency payment services for businesses in full compliance with global ...

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Animoca Brands completes $75M raise at $5.9B valuation to invest in blockchain games

July 12, 2022

Animoca Brands completes $75M raise at $5.9B valuation to invest in blockchain games

Animoca Brands said it completed the second phase of a $75.3 million funding round from earlier this year that valued the company at $5.9 billion. The blockchain game company will use the funds to invest in more games and advance the vision for the “open metaverse.” The current raise is the second tranche of the funding previously announced in January. That round was extended to accommodate due diligence processes. Investors in the current ...

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Singapore robotics startup raises S$4.2m from investors including F&N, Razer

June 16, 2022

Singapore robotics startup raises S$4.2m from investors including F&N, Razer

Ross Digital, a robotics and automation company, announced on Thursday (Jun 16) that it has raised S$4.2 million in its Series A+ funding round, led by food and beverage company Fraser and Neave (F&N). Existing investors which participated in the round include Frasers Property and zVentures, the corporate venture arm of Razer. This brings the total amount raised to a sum of S$21.2 million since the company’s founding in 2017. The tech company ...

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Chye Seng Huat Hardware founder’s coffee tech firm raises US$5M funding in Series A round

June 14, 2022

Chye Seng Huat Hardware founder’s coffee tech firm raises US$5M funding in Series A round

Homegrown coffee technology company Morning announced today (June 14) that it has raised US$5 million in a Series A round led by East Ventures. Other notable investors include zVentures, the corporate arm of Razer; P9 Capital, Wee Teng Wen of The Lo & Behold Group, among others. “This investment will enhance Southeast Asia collaboration and showcase (regional) ecosystems to the global market, integrating the best of Indonesia coffee beans ...

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MONSOON DIGITAL SECURES SEED INVESTMENT WITH RAZER

May 4, 2022

MONSOON DIGITAL SECURES SEED INVESTMENT WITH RAZER

Monsoon Digital, a blockchain-based trading platform, has announced a pre-seed investment from Razer, the leading global lifestyle brand for gamers. Monsoon's soon-to-launch platform will feature licensed collectible NFTs as well as a marketplace where fans can buy, sell, and trade items from their collections. Monsoon's NFT products will be created on the environmentally friendly Flow blockchain. Razer has millions of dedicated fans worldwide ...

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Lambda, Razer launch laptop for deep-learning app development

April 13, 2022

Lambda, Razer launch laptop for deep-learning app development

Not all IT administrators realize this, but when an enterprise is developing deep-learning applications for industrials, pharmaceuticals, academics and medical research, it’s much more efficient and time-saving to develop them using Linux workstations. Why? Because the apps eventually will run on Linux production servers and they’ll have been talking the same code language long before they connect. Lining up the apps built on Linux laptops ...

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Lava Labs raises $10 million for Multiplayer Web3 Game AFAR

March 17, 2022

Lava Labs raises $10 million for Multiplayer Web3 Game AFAR

Today, Lava Labs, a game development studio, announced that it has raised $10 million to further develop its debut title AFAR, a third-person, hero-based arcade platform that includes a series of games. Lava Labs was founded in 2019 by serial entrepreneur Kaya Tilev, supported by EA, Riot and Dice veterans. Trip Hawkins and Alli Ottarsson are advising the company. “Our vision is entirely around “fun” and creating an enduring world. We have been ...

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Animoca Brands has raised funding at a more than $5B valuation, triple where it was in October

January 19, 2022

Animoca Brands has raised funding at a more than $5B valuation, triple where it was in October

Animoca Brands, an eight-year-old, 600-person Hong Kong-based outfit that has managed to put its stamp on many of the world’s most popular NFT and metaverse brands, has raised roughly $360 million in fresh funding at a valuation of more than $5 billion, the company announced today. It’s a big leap from the $2.2 billion valuation the company was assigned in October when it raised a $65 million round. The number is even more notable considering that Animoca...

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Frameplay raises $8M for in-game advertising

December 8, 2021

Frameplay raises $8M for in-game advertising

Frameplay has raised $8 million in funding for its immersive in-game advertising experiences. Hiro Capital led the round, and the investors include others involved in the gaming industry, bringing key strategic value for Frameplay’s long-term growth. Hiro Capital has been one of the most active investors in games, esports, digital fitness, and the metaverse. San Francisco-based Frameplay focuses on intrinsic in-game advertising, the newest ad context recognized ...

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Forte raises $725M for compliant blockchain gaming platform

November 12, 2021

Forte raises $725M for compliant blockchain gaming platform

Forte has raised $725 million for its behind-the-scenes blockchain game platform, which will enable game companies to create blockchain games that are both compliant and interoperable. The Forte deal comes shortly after other NFT gaming companies have hit unicorn status (above $1 billion valuation) like Animoca Brands, Mythical Games, Dapper Labs, and Sky Mavis. All those companies are making games based on the blockchain, the secure and transparent digital ledger...

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Animoca Brands raises $65M at $2.2B valuation from Ubisoft and others

October 20, 2021

Animoca Brands raises $65M at $2.2B valuation from Ubisoft and others

Animoca Brands has raised a new round of funding — the third time since May — and this time the company has scooped up $65 million at a $2.2 billion valuation. It’s another endorsement for blockhain gaming. Just this week, similar blockchain gaming opportunities enabled Concept Art House to raise $25 million and Galaxy Interactive to raise a $325 million fund to invest in blockchain games. Last week, Bitkraft raised a $75 million token fund...

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Revery gets $2M to improve mental health with mobile gaming techniques

August 3, 2021

Revery gets $2M to improve mental health with mobile gaming techniques

In “Macbeth,” Shakespeare described sleep as the “chief nourisher in life’s feast.” But like his titular character, many adults aren’t sleeping well. Revery wants to help with an app that combines cognitive behavioral therapy (CBT) for insomnia with mobile gaming concepts. Founded in March 2021, Revery is currently in beta stealth mode and plans to launch its app in the United States later this year. The company announced today it has raised ...

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Razer’s VC arm leads Singapore coffee tech startup’s $1.3m round

August 3, 2021

Razer’s VC arm leads Singapore coffee tech startup’s $1.3m round

Morning, a Singapore-based coffee tech startup, announced that it has closed a US$1.27 million pre-series A round led by zVentures, the corporate venture arm of multinational technology firm Razer. Other investors that participated in the round include hospitality company The Lo & Behold Group and Zopim founders Royston Tay, Wu Wenxiang, and Kwok Yang Bin. Morning, which has a presence in countries like Hong Kong, Canada, and the UK...

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Lambda raises $24.5M for AI-optimized hardware infrastructure

July 14, 2021

Lambda raises $24.5M for AI-optimized hardware infrastructure

Lambda, an AI infrastructure company, this week announced it raised $15 million in a venture funding round from 1517, Gradient Ventures, Razer, Bloomberg Beta, Georges Harik, and others, plus a $9.5 million debt facility. The $24.5 million investment brings the company’s total raised to $28.5 million, following an earlier $4 million seed tranche. In 2013, San Francisco, California-based Lambda controversially launched a facial recognition API working on apps for Google...

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Finland's Loupedeck raises €2 mln from Razer venture arm

July 7, 2021

Finland's Loupedeck raises €2 mln from Razer venture arm

Loupedeck, the Helsinki-based creator of custom consoles, announced a 2 million euros investment from zVentures, the corporate venture arm of Razer, the world’s leading lifestyle brand for gamers. The investment will be used to further Loupedeck’s growth, building off the September 2020 release of the Loupedeck Live, the power console designed specifically with live streaming in mind. Founded in 2016 with a highly successful Indiegogo crowdfunding...

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Jack Ma, Samsung back ASX reject Animoca Brands

July 1, 2021

Jack Ma, Samsung back ASX reject Animoca Brands

A minnow of the ASX only 15 months ago, Hong Kong-based mobile game developer Animoca Brands has attracted some of the biggest names in technology as part of its latest $185 million raising ($US138.9 million), including Alibaba’s Jack Ma. The family office of Ma and fellow Alibaba co-founder Joe Tsai, Blue Pool Capital, has bought into the second $US50 million tranche of the major funding round, alongside Alibaba’s investment...

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Vertex Ventures, zVentures invest in SEA-focused crypto exchange Coinomo

June 14, 2021

Vertex Ventures, zVentures invest in SEA-focused crypto exchange Coinomo

Coinomo, the company behind the latest cryptocurrency exchange OMO which is focused on Southeast Asia, has secured an undisclosed amount in a new round of financing led by Vertex Ventures Southeast Asia & India. The round was also joined by zVentures, the corporate VC of Razer; Spartan Group, a blockchain advisory and digital asset management firm based in Singapore and Hong Kong; and Leo Cheng, an investor with MetaCartel Ventures...

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This Razer-backed startup wants to reduce single-use plastic with bamboo toilet papers, masks

May 21, 2021

This Razer-backed startup wants to reduce single-use plastic with bamboo toilet papers, masks

Gaming lifestyle brand Razer recently announced the launch of its US$50 million Razer Green Fund. The fund was established through zVentures with the aim of empowering and accelerating sustainability companies, with a focus on renewable energy, carbon and plastic management. The first investment from the fund went to an award-winning sustainable products startup The Nurturing Co., which is most notable for creating Bambooloo, one of the world’s first...

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Why Gaming Gear Company Razer Launched A $50 Million Fund For Green Startups

April 27, 2021

Why gaming gear company Razer launched a $50 million fund for green startups

Singapore-based gaming gear company Razer has established a $50 million fund focused on environmentally-friendly startups as its peers across the tech space chase millennials and extra dollars by stressing eco-friendliness. The fund, called Razer Green Fund, emerges a month into Razer’s 10-year plan to “preserve nature and protect the environment” through renewable energy and carbon-neutral projects, the company said in a statement.

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Razer Establishes USD $50 Million ‘Razer Green Fund’ to Support Sustainability Startups

April 22, 2021

Razer establishes USD $50 million ‘Razer Green Fund’ to support sustainability startups

Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the launch of its new USD $50 million Razer Green Fund and a seed investment into The Nurturing Co. Pte. Ltd. (“The Nurturing Co”), an award-winning sustainable products startup. The organization is most notable for creating BAMBOOLOO, one of the world’s first single-use plastic-free, bamboo toilet paper and home care brands.

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Animoca Brands brings

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...

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

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.

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

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...

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

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...

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

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...

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

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.

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S$1 kopi, freshly made by a robot

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...

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

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...

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Celsius Holdings announces strategic investment of $22 million

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 ...

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

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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