In the recent Series C funding round, Amity Solutions (ASOL) raised US$41.6 million, led by Insight Capital. Amity Corporation raised an additional US$18.4 million, led by existing investor SMDV, with participation from Gobi Partners and other existing investors. This funding will support research and development in Generative AI (GenAI) as well as mergers and acquisitions strategies.
|
|
Known as the godfather of celebrity watch collectors, the music mogul and entrepreneur has acquired some of the rarest timepieces. Wristcheck co-founder Austen Chu shares that Jay-Z’s influence sparked his passion for watches and views him as an inspiration. The shared values of authenticity, innovation, and creative empowerment between Roc Nation and Wristcheck promise an exciting future for the luxury watch platform.
|
|
David Beckham partners with Prenetics to co-found IM8, a new health and wellness brand, leveraging his experience with top medical, nutrition, and fitness professionals throughout his career. David’s engagement with Prenetics’ pioneering work in non-invasive prenatal testing and early cancer detection underscores the partnership’s potential to impact global health and longevity.
|
|
|
|
|
Synagistics to List in Hong Kong via SPAC Backed by Ex-HKMA Chief
Founded in 2014, Synagistics has provided integrated digital commerce solutions to more than 600 brand partners. Backed by Alibaba Group Holding and Gobi, Synagistics recorded US$23.4 million in gross profit and a 12.4% revenue increase in 2023, ranking second among all digital commerce solutions platforms in Southeast Asia in terms of revenue in 2023. The Singapore-based company operates in six major Southeast Asian economies and is expanding globally.
|
|
Red Dot Award Recognises Nex Playground
The prestigious Red Dot Award was granted for revolutionising outdoor play by seamlessly integrating technology with natural elements. Designed to ignite young imaginations, this innovative playground combines interactive features with sustainable materials, ensuring a safe and dynamic environment for children. Nex Playground's sleek design and eco-friendly ethos herald a new era in urban play spaces, promoting creativity, physical activity, and environmental consciousness.
|
|
PanopticAI Wins Startup World Cup 2024 Hong Kong Regional Finals
Judges and industry leaders were impressed by their cutting-edge, camera-based remote vital signs monitoring technology, earning PanopticAI a spot at the Grand Finale in San Francisco this October. Representing Hong Kong, PanopticAI aims to showcase its innovation on a global platform, demonstrating its potential to revolutionise healthcare monitoring worldwide.
|
|
pitchIN Introduces PSTX: Malaysia’s First Equity Crowdfunding Secondary Market
PSTX, Malaysia’s first equity crowdfunding (ECF) secondary market launched by pitchIN, empowers investors to trade shares of businesses funded through pitchIN’s platform. It offers flexibility for investors to manage portfolios by either reinvesting or liquidating holdings effortlessly. Additionally, PSTX provides a second chance for investors who missed initial ECF opportunities to participate in the growth of listed companies, enhancing accessibility and investment options in Malaysia’s thriving startup ecosystem.
|
|
|
|
During a session with Kevin Brockland (Indelible Ventures), Dave Ng (Altara Ventures), and moderated by Adlin Yusman (Endeavor Malaysia), Gobi Managing Partner Jamaludin Bujang highlighted that foreign venture capitalists (VCs) have invested as much as local VCs in Malaysian startups. Figures showed a nearly 50:50 split of the total US$1.3 billion invested in Malaysia over the past few years. He noted that foreign VCs continue to invest in Malaysia despite lacking local offices, debunking the myth that startups can't secure foreign VC funding.
|
|
|
|
