Author: Deal Street Asia Online News

Hong Kong tycoon-backed C Capital leads fan club platform Stanly’s fundingThe platform currently supports 50 fandoms behind some of the most popular p…

C Capital, backed by Hong Kong’s real estate tycoon Adrian Cheng, has led a pre-Series A funding round of Los Angeles-based fan club platform Stanly.  The round, which saw the participation of several investment firms including AppWorks, Goodwater, and Palm Drive Capital, will help the platform ramp up hires as well as enhance its capabilities,… Continue reading Hong Kong tycoon-backed C Capital leads fan club platform Stanly’s fundingThe platform currently supports 50 fandoms behind some of the most popular p…

Data Vantage: Aether Fuels, Octayne, EvolutionX, Qoala and Phaos Tech in focus

This web version of the DATA VANTAGE twice-weekly premium newsletter is available only to our premium subscribers. Unlock access by picking up any of our premium subscription plans. Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops… Continue reading Data Vantage: Aether Fuels, Octayne, EvolutionX, Qoala and Phaos Tech in focus

Hong Kong’s approval of crypto ETFs could help shape policies in mainland China

FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Hong Kong’s drive to become a global hub for trading virtual assets (VAs) is attracting some Chinese mainland financial institutions to issue innovative blockchain-based digital financial products there, boosting the city’s profile while allowing Beijing’s… Continue reading Hong Kong’s approval of crypto ETFs could help shape policies in mainland China

ADB approves $80m loan package to Vietnam’s Lien Viet Post JSC Bank

The Asian Development Bank (ADB) has approved a financing package of up to $80 million for Vietnam-based Lien Viet Post Joint Stock Commercial Bank (LPBank) to support the bank’s expansion of access to finance for a women-owned small and medium-sized enterprises (WSMEs) project. The financing comprises a $30 million loan from ADB’s ordinary capital resources… Continue reading ADB approves $80m loan package to Vietnam’s Lien Viet Post JSC Bank

India Digest: Antler India, Recur Club announce investmentsAntler will make 20 investments and the cheque size will be $500K.

Early-stage investment platform Antler India is investing $10 million in idea-stage startups, while debt marketplace for startups Recur Club has announced its latest credit offering. Antler India to invest $10m in idea-stage startups Early-stage investment platform Antler India has decided to invest $10 million in idea-stage startups, according to a top executive at the firm.… Continue reading India Digest: Antler India, Recur Club announce investmentsAntler will make 20 investments and the cheque size will be $500K.

Chinese IoT security solutions provider Ingeek closes $41m Series C round

Internet of Things (IoT) security solutions provider Ingeek on Wednesday announced the completion of its Series C round at almost 300 million yuan ($41.4 million), as it explores overseas opportunities by servicing China’s going-global intelligent connected vehicles. German automotive supplier Continental AG and an RMB-denominated venture capital (VC) fund managed by China’s Qifu Antai Investment… Continue reading Chinese IoT security solutions provider Ingeek closes $41m Series C round

SG Digest: Ryde completes secondary listings in Germany; Sandbox trials for EV charging gets nod

Ride-hailing and car-pooling company Ryde has completed its secondary listings in Germany while Singapore has approved four sandbox trials for battery charging and swapping systems for electric heavy goods vehicles and mobile charging systems. SG’s Ryde completes secondary listings in Germany Singapore-based ride-hailing and car-pooling company Ryde has completed its secondary listings on the Frankfurt… Continue reading SG Digest: Ryde completes secondary listings in Germany; Sandbox trials for EV charging gets nod