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Zipmex warns of looming economic recession, predicts crypto rebound in 2025

AsiaTechDaily

Register The possibility of an economic recession this year is expected to cause delays in the recovery of the digital assets industry by at least a year or in 2025 yet. But the rebound in the crypto market could be pushed back from 2024 to 2025 if a recession occurs. I believe the increase will only last for a short time.

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

That’s the gap that revenue-based financing platforms like GetVantage want to fill. The Mumbai-based startup announced today that it has raised $36 million in equity and debt led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan.

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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Awak Technologies Raises Over $20M in Series B Funding for Home Dialysis Innovation

AsiaTechDaily

The funding round was spearheaded by Lion X Ventures and Vickers Venture Partners, with participation from Advanced MedTech and Eckuity Capital. The company aims to refine its ultra-portable peritoneal dialysis (PD) device, gearing it up for the impending final pivotal trial in the United States, scheduled for 2025.

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Japan’s Zeals raises $38.8M to scale its chat commerce platform

TechCrunch

JIC Venture Growth Investments led the Series E equity funding, with participation from Z Venture Capital , a venture investment arm of Z Holdings, Japan Post Capital and Salesforce Ventures. Mizuho Bank and Mitsubishi UFJ Financial Group also joined in its debt financing.

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Taiwan-based MLOps startup InfuseAI raises $4.3M Series A led by Wistron Corporation

TechCrunch

million Series A, led by original design manufacturer Wistron Corporation, with participation from Hive Ventures, Top Taiwan Venture Capital Group and Silicon Valley Taiwan Investments. InfuseAI , a MLOps startup based in Taiwan, announced today it has raised a $4.3

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Indonesia’s eFishery Raises $200M in Series D Funding, Attains Unicorn Valuation

AsiaTechDaily

eFishery’s comprehensive ecosystem encompasses the entire aquaculture value chain, from seeds to financing. With the recent Series D funding, eFishery aims to expand its community of fish and shrimp farmers, with a target of reaching over 1 million aquaculture ponds in Indonesia by 2025.