Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M

Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million). FromSoftware parent firm Kadokawa Corporation said in a statement on Wednesday that it has issued FromSoftware shares to Tencent’ subsidiary Sixjoy Hong Kong Limit and Sony’s subsidiary Sony Interactive Entertainment Inc. Following the deal, Sixjoy […]

Japan’s oVice raises $32M Series B funding led by multiple investors

OVice, a Japan-based virtual office platform, announced Wednesday a 45 billion yen (around $32.5 million) Series B funding round led by a group of Japanese and overseas investors. The company said in a statement the investment puts the company’s total raised capital at $45 million. According to the statement, it plans on creating solutions that […]

Men’s lifestyle brand Villain announces cricketer Hardik Pandya as its Brand Ambassador

Villain, the men’s lifestyle brand, a division of India’s fastest unicorn Mensa Brands, named Hardik Pandya as its brand ambassador two days after his on-field exploits helped the Indian men’s cricket team defeated Pakistan in the Asia Cup 2022. Hardik joins the company to advertise their high-quality, long-lasting, and powerful scents. The brand’s newest release, […]

Indonesian credit tech startup SkorLife scores $2.2M pre-seed funding

Indonesia-based credit tech startup SkorLife announced Monday that it has raised a $2.2 million pre-seed funding round from a group of high-profile investors.  AC Ventures participated in the round, along with Saison Capital and an all-star list of angel investors in Asia, SkorLife said in a statement. The round’s angels include all the Co-Founders of OneCard (FPL […]

98point6 Raises Over $20M in Funding

98point6, a Seattle, WA-based on-demand virtual primary care company, raised over $20 million in funding. Backers included existing investors L Catterton (Growth Fund), and Activant Capital. The company intends to use the funds to continue to expand operations and its business reach. 98point6 is a digital health company committed to building a path to integrated, optimized care that […]

HumanQ Raises $2M in Seed Funding

HumanQ (formerly known as Experiential Insight), a San Francisco, CA-based provider of a live video platform for group coaching, raised $2M in Seed funding. The round was led by Kindred Ventures with participation from notable angels including Toast CFO Elena Gomez, Natus Medical CHRO Lisa Paul, Google Head of Engineering Dinesh Chahlia, and several others. […]

RiskSmith Raises $1M in Pre-Seed Funding

RiskSmith, a US-based provider of an app that offers a professional-grade portfolio toolkit for individual investors, raised a one-million-dollar pre-seed funding. The round was led by Mercury Digital Assets. The funding will accelerate product expansion and growth via strategic partnerships for RiskSmith. Led by Co-Founder Dr. Richard Smith, RiskSmith provides individual investors with professional-grade portfolio […]

EV tech startup Electrifuel raises RS 1.8 Cr in funding from Indian Angel Network

Electrifuel, an Electric vehicle (EV) technology startup, has raised Rs 1.8 crore in funding from the Indian Angel Network (IAN), led by lead investors Vishnuraj Kunjur, Sahil Kejriwal, and Pradeep Gupta. The business stated that it will utilise the capital to boost production by expanding its staff and hiring for several positions as well as […]

Algomage raises $850k in pre-seed funding

Artificial intelligence post-production startup Algomage has raised $850K in a pre-seed funding round led by The DotIn Network. The funds will be utilised to create new tools and expand its customer base to markets beyond India, Algomage said in a press release. Founded by Anand Rathi, Algomage is a full stack artificial intelligence (AI) post-production […]

Nazara acquires US-based gaming company WildWorks

Gaming and sports media platform Nazara Technologies has acquired 100% stake in Delaware-based kids gaming firm WildWorks Inc. This would be one of the several acquisitions in the past year by the Mumbai-based company. Nazara Technologies entered into the agreement to acquire 100% share capital of Wildworks in an all cash deal from their existing […]