VC News Network
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Malaysian Fruiti King Raises MYR 5 Million In Funds Via CrowdPlus.asia
Malaysia’s Fruiti King secures MYR 5 million (approximately US$1.19 million) through crowdfunding platform, CrowdPlus.asia. The funds will be used to expand the business oversea.
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Chinese Bike-Sharing Startup Mobike Is Riding To Its First Stop In Singapore
Bike-sharing startup, Mobike is exploring opportunities outside of China as it launches its first overseas branch in Singapore.
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Giphy Raises Additional US$72 Million In Funding, Now Values At US$600 Million
The popular search engine for GIFs raises an additional US$72 million in funding and is now valued at US$600 million.
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Starbreeze Acquires Nozon, A Belgian Visual Effects Studio And PresenZ Technology Creator To Improve VR Cinematic Experience
Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).
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Snapchat Targets To Raise US$4 Billion In IPO
US-based instant messaging app, Snapchat is reportedly planning to raise a targeted amount of US$4 billion in its initial share sale.
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Singapore’s Carousell Acquires Online Car Classified Platform Caarly, Hires New CFO And GM
Singapore’s Carousell, a mobile peer-to-peer marketplace expands into the used-car dealership space as it acquires Caarly, a used-car app platform. Besides, the company also strengthens its team as it announces the new hires of Winnie…
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Singapore Startup Cafebond To Make Australia’s Specialty Coffee More Easily Accessible
A great cup of coffee can boost productivity. It is also the stuff in which team culture are made of. Thus, having a great cup of coffee in the office is always a good investment…
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Japanese Startup, HOMMA Secures US$4.1 Million In Seed Funding To Create “A Tesla-Like Home”
Japanese startup, Homma secures US$4.1 million in seed funding to make the futuristic smart house vision a reality.
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EXA Global Is Building The First Ever Immersive Virtual Reality Theme Park In Malaysia
Following The Void in the United States and Zero Latency in South Australia, a company based in Puchong, Malaysia is about to bring the world a new reality – First ever Virtual Reality theme park…
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VR Animation Studio, Baobab Studios Raises US$25 Million In Series B Round
VR animation studios, Baobab Studios raises US$25 million in their Series B round led by Horizon Ventures, Twentieth Century Fox, Evolution Media Partners, China’s Shanghai Media Group, Youku Global Media Fund and LDV Partners.
