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HK's Immuno Cure nabs $12m in first close of Series A led by Gobi Partners GBA

It will use the proceeds to develop its DNA vaccines and antibodies and prepare for an initial public offering (IPO) in Hong Kong. ....

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High-profile competition for start-ups will drive innovation

Generous cash prizes and a maximum of US$5 million investment fund now available for Top 30 ....

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Clearbot secures SEED funding led by Alibaba Hong Kong Entrepreneurs Fund to disrupt the marine services industry

HONG KONG, Sept. 8, 2022 /PRNewswire/ Clearbot secures SEED funding led by Alibaba Hong Kong Entrepreneurs Fund to disrupt the marine services industry ....

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Forkast Ltd. raises $1.7 million seed round to expand global coverage The Asia-based blockchain-focused platform secured investment from prominent tech leaders including Fenbushi, Longling Capital and Don Tapscott

Hong Kong, May 18, 2021 (GLOBE NEWSWIRE) (via Blockchain Wire) Forkast Ltd., a blockchain-focused multimedia platform, has successfully completed its seed… ....

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Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz – TechCrunch

Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz
One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong’s WeLab, a fintech company founded in 2013, saw users soar by 20% year over year in 2020, bringing its accumulative user base to 50 million.
Facing innovative players like WeLab, which aims to bring more convenience, transparency and affordability to consumers, financial incumbents feel compelled to reinvent themselves. That’s in part why Allianz X, a venture capital arm of the 131-year-old European financial conglomerate Allianz, led WeLab’s latest funding round of $75 million. The Series C1, which involved other investors, followed WeLab’s $156 million Series C round in late 2019. ....

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