TLDR:
Key Points:
- Openspace Ventures leads Series B investment in Fano Labs
- Edukita receives backing from Star Capital Investments and W Ventures
This article highlights several key funding deals and activities in the Asia Pacific region. Openspace Ventures led a Series B investment in Fano Labs, a Hong Kong-based company specializing in language artificial intelligence technologies. The funding round, supported by other investors such as HSBC and Greater Good Investment, will fuel Fano Labs’ expansion in the Asia Pacific region. Additionally, Edukita, an Indonesian edtech startup, received seed funding from Star Capital Investments and W Ventures. Happynest, a Vietnam-based housing and lifestyle community platform, secured seed funding to grow its network and develop new product offerings.
Full Article:
The article covers a variety of funding deals in the Asia Pacific region, with a focus on investments in Fano Labs, Edukita, and Happynest. Openspace Ventures led a Series B investment in Fano Labs, a Hong Kong-based company specializing in language artificial intelligence technologies. The funding round, supported by other investors such as HSBC and Greater Good Investment, aims to fuel Fano Labs’ expansion in the Asia Pacific region, with a focus on establishing an office in Singapore to serve international clients.
Edukita, an Indonesian edtech startup, received seed funding from Star Capital Investments and W Ventures. The funding will be provided in two tranches, with the startup issuing shares to SAFE holders as part of the deal. Happynest, a Vietnam-based housing and lifestyle community platform, secured seed funding in a round led by Touchstone Partners. The funds will be used to grow the platform’s network and develop new product offerings to strengthen connections within the community.
Additionally, the article highlights several other funding deals in India, including investments in companies like Damensch, Plotline, TalkEsport, Go Desi, Fresh From Farm, Kyari, and Culture Circle. These investments cover a range of industries, from menswear and app development to esports and luxury products. The article also mentions recent acquisitions in India, including Pravis Growth Partners’ stake in StreamO and Ugro Capital’s acquisition of MyShubhLife.
The article concludes by mentioning the latest updates on IvyCap Ventures, Ion Energy, and ReturnKey, showcasing the diverse range of funding activities and investment opportunities in the Asia Pacific region.
