Jim Rogers (R) with Life3 Biotech founder and CEO Ricky Lin
Revere VC raises US$1.35M seed funding
The full story: Revere VC, a San Francisco- and Hong Kong-based asset management firm, announced the close of US$1.35 million seed round, with participation from strategic equity investor AngelList, Twitch co-founder Kevin Lin and Thailand-based Siamrajthanee Group/SeaX founder Nattaphol Vimolchalao.
The plans: The funds will be used to provide institutional investors a more holistic way to invest in venture capital, while bringing themes of productisation and curation to the asset class.
New products: Revere VC has also announced the launch of its flagship products and services — ‘The Portal’, a curated VC platform, and its inaugural fund strategy ‘Prime Access Fund’.
Thailand’s Property Flow raises US$700K
The full story: Thai SaaS proptech platform Property Flow has secured US$700,000 led by Swedish VC firm PropTech Farm, with participation from Seven Peaks Software.
Also Read: Thailand’s Brooker Group to invest US$48M into Binance, Uniswap, other DeFi projects
The plans: Property Flow has been initially focusing on the Thai market, and is now looking to further strengthen its position in Thailand as well as internationally through strategic partnerships.
What is Property Flow?: For small to medium size real estate businesses, the Property Flow Platform provides an end to end turn key solution, including everything from access to inventory, listing management, CRM and real-estate websites as a service.
Any person that has an interest in becoming an agent, or that is an agent can get started on Property Flow by signing up online, and within hours have access to inventory and all tools required to start doing a real-estate business.
Jim Rogers joins foodtech firm Life3 Biotech’s Board of Investors
The full story: Rogers, one of the most respected and successful names in international investing, has a more than 50 years record of spotting the next big developments and movements in business and society.
Together with George Soros, he co-founded the legendary Quantum Fund, one of the most successful hedge funds in history, and was one of the first Western investors to get into the China stock market, back in the 1980s.
Also Read: Look beyond Singapore: Why Kuala Lumpur is an emerging tech hub alternative
He was also the creator of the Rogers International Commodities Index.
Life3 is the first alternative protein company that he is advising.
Aleta Planet forms JV with Fooyo
The full story: Singaporean cross-border payments firm Aleta Planet’s joint venture with software developer Fooyo is aimed at offering digital marketing and e- commerce solutions to meet rising demand from Singapore businesses preparing for the reopening of the China market.
The joint venture, AP Studios, will develop digital tools that will help merchants provide a richer, more interactive payment experience as well as engage their customers through the popular WeChat marketing platform in China.
With AP Studios, Aleta Planet, which is already connecting merchants to the UnionPay network in China and in 179 markets globally, will be able to offer a comprehensive and seamless marketing payment solution to these merchants.
Who is Fooyo?: It creates web and mobile apps to help users navigate tourism, retail and hospitality services. It is the developer behind the MySentosa app which allows users including many Chinese tourists, to access real-time information about the island resort. It also created the MuslimSG app, Chongqing Tourism Pass and Hongya Cave crowd monitoring solution.
Zipmex to facilitate luxury condo purchase with cryptocurrency
The full story: Zipmex, Southeast Asia’s leading digital assets exchange, announced today that it has partnered Thailand’s One.Six Development, the company behind the ultra-luxury condominium The Strand to facilitate cryptocurrency payments on Zipmex’s platform.
Also Read: Zipmex snags US$6M in an oversubscribed funding round to expand its digital assets exchange
The partnership comes on the heels of Zipmex facilitating Asia’s first Lamborghini and Tesla purchases using bitcoin. It also tracks a larger global trend of property sellers accepting the world’s most popular cryptocurrency as an alternative to fiat currency.
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Image Credit: Life3 Biotech
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