Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Australia-based Airwallex is the tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four Chinese founders, Airwallex provides a service that lets companies manage cross-border revenue and financing in […]

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NYSE operator’s crypto project Bakkt brings in $182M

Venture capitalists remain bullish on Bitcoin and its underlying technology despite sinking crypto prices.

View More NYSE operator’s crypto project Bakkt brings in $182M

SoftBank’s Deepcore and accelerator Zeroth team up to hunt early stage AI opportunities

Two early stage AI programs are joining forces because, even in the world of artificial intelligence, two heads are better than one. Hong Kong-based accelerator Zeroth — which recently grabbed a majority investment from Animoca Brands — and Deepcore, a Japanese incubator and fund that is part of the SoftBank group, are pairing up to use […]

View More SoftBank’s Deepcore and accelerator Zeroth team up to hunt early stage AI opportunities

AI accelerator Zeroth bags investment from digital media firm Animoca

Asia-based accelerator program Zeroth is getting a major infusion of capital after digital media company Animoca Brands agreed to invest over $3 million into its businesses. Animoca is listed on the ASX with a market cap of around $40 million. It is best known for its range of mobile games which include the Doraemon and Garfield […]

View More AI accelerator Zeroth bags investment from digital media firm Animoca

Airwallex raises $80M for its international payment service for businesses

Airwallex, a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round. Based of out of Melbourne, but with six offices in Asia and other parts of the world, Airwallex’s new funding round is the second largest financing deal […]

View More Airwallex raises $80M for its international payment service for businesses

Bolt Threads joins Modern Meadow in the quest to bring lab-grown leather to market

There’s a new world of lab-grown replacements coming for everything from the meat department in your grocery store to a department store near you. Lab-made leather replacements will soon join vegetable-based meat replacements on store shelves thanks to startups like Bolt Threads, which today announced that it would join companies like Modern Meadow in the […]

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Blue Vision Labs, which builds ‘collaborative’ AR, emerges from stealth with $14.5M led by GV

Blue Vision Labs, a London-based augmented reality startup co-founded by computer vision experts from Oxford and Imperial College, is emerging from stealth today with a new platform that it claims will be the first to bring ‘collaboration’ to the AR experience: with an app built on Blue Vision’s technology (via its API and SDK), multiple […]

View More Blue Vision Labs, which builds ‘collaborative’ AR, emerges from stealth with $14.5M led by GV

NiYO raises $13.2M to digitize payroll and employee benefits in India

 Fintech startup NiYO helps salaried employees access company benefits and other financial services, and now it has raised $13.2 million to offer its services to more of the country. Founded in 2015, NiYO partners with companies (employers) and ba…

View More NiYO raises $13.2M to digitize payroll and employee benefits in India

Horizons Ventures backs AI startup Fano Labs in first Hong Kong investment

 Horizons Ventures, the VC firm founded by Hong Kong’s richest man Li Ka-Shing, has made a rare early-stage investment after it backed AI startup Fano Labs.
Horizons has invested in the likes of Facebook, Razer, Slack, Improbable, Spotify and more, and now it is putting undisclosed money into Fano Labs, which recently graduated AI accelerator program Zeroth. This deal also marks the… Read More

View More Horizons Ventures backs AI startup Fano Labs in first Hong Kong investment