Jul 31, 2023

Animoca Brands to invest USD 30 million in financial app Hi

The Hong Kong-based Web3 financial app and ecosystem is set to secure USD 30 million in funding after signing a memorandum of understanding with blockchain gaming group Animoca Brands.

With this partnership, Animoca Brands will explore integrating its metaverse-based gaming ecosystem with Hi’s services, which include a Web3 finance app and an Ethereum Layer-2 sidechain. —TechNode Global

Halodoc raises USD 100 million in Series D round

The Indonesian healthtech platform has raised USD 100 million in a Series D funding round led by Astra International, with returning investors Openspace Ventures and Novo Holdings participating in the round.

Halodoc will use the funds to strengthen digital health literacy in Indonesia and enhances its services including Home Lab and My Insurance.

Sunrate, MirXES, eFishery, and more led last week’s headlines:

  • Peak XV Partners led Sunrate’s Series D extension round, providing funds to fuel the platform’s development and expansion plans.
  • Web3 cybersecurity startup Zyber 365 has raised USD 100 million from SRAM & MRAM Group via a Series A round and plans to utilize the funds to expand its operations, enhance technological capabilities, and establish a global presence.
  • Geely’s Yuan Cheng Auto has completed its Series A round, raising USD 600 million, and will use the funds to support its R&D efforts and strengthen its market position.
  • In tandem with its IPO application in Hong Kong, cancer diagnostics company MiRXES has raised USD 50 million in a Series D round, with participation from both new and existing investors.
  • Indonesian aquaculture startup eFishery has raised USD 200 million in a Series D round led by 42XFund. It will utilize the funds to expand its farming community and increase the volume of transactions on its platform.