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Revolution Ventures Invests in Palla, the Cross-Border Payments Platform Powering the Future of…

Revolution

Revolution Ventures Invests in Palla, the Cross-Border Payments Platform Powering the Future of Global MoneyMovement The $14.5M Why We Like It: The cross-border payments industry is massive (projected to reach $290T by 2030 ), but traditional remittance models are slow, costly, and outdated.

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Privy accelerates digital transformation with $41m KKR-led Series C funding

AsiaTechDaily

Register Committed to accelerate the digital transformation of the world’s fourth largest population, Privy has partnered with KKR , a leading global investment firm. Other participants are existing investors MDI Ventures , GGV Capital and Telkomsel Mitra Inovasi, and new investors including Singtel Innov8. Username or Email Address.

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Singapore’s Sunrate Receives Investment from Prosperity7 Ventures and SoftBank Ventures Asia in Series D-1 Funding

AsiaTechDaily

The funding was led by Prosperity7 Ventures, a growth fund associated with Aramco Ventures, and included additional investment from SoftBank Ventures Asia. trillion by 2030. Additionally, Sunrate aims to venture into new markets, including the Middle East, further extending its global presence.

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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Register Indonesian digital bank Superbank , supported by Grab, Singtel, and Emtek Group, is collaborating with Singapore’s Genesis Alternative Ventures to offer a financing package of $40 million for startups in Indonesia. Genesis recently closed an $80 million fund, heralding it as the region’s pioneering venture debt fund.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. Matt Murphy and Grace Ge, Menlo Ventures Which trends are you most excited about in construction robotics from an investing perspective?

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Indonesian Government-Backed Merah Putih Fund Raises $300 Million for Soonicorn Startups

AsiaTechDaily

Register The Merah Putih Fund , an Indonesian government-backed venture capital firm, has successfully secured $300 million in the first phase of its inaugural fund. The initiative brings together five state-owned venture capital companies, each with a corporate focus.

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Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot

TechCrunch

The rest is owned by venture capital firms and strategic investors, including LG Electronics, SK Telecom, Lotte Rental, CJ Logistics and LIG Nex1. trillion WON) through 2030 into autonomous driving software technology and electric vehicle-related businesses. Series A to accelerate its growth. Hyundai currently owns a 20.4%