Matrix Partners

This week’s On the Rise analyzes Society Pass’ legal troubles, dissects Malaysia’s EV market, and spotlights Matrix Partners China’s plans for SEA.

The VC is betting that the next global winners will come from deep tech.

Dezerv, which offers portfolio management services, has raised US$27.7 million to date, Entrackr reported.

Tech in Asia has created a comprehensive list of billion-dollar startups in India, of which 41 reached the milestone in 2021.

Nakad focuses on giving small businesses access to working capital financing via its proprietary solution called MicroBill.

KuCoin, which is now worth US$10 billion, aims to expand its offerings in other Web3 sectors such as GameFi and NFTs.

100ms provides technology infrastructure that makes it easier for companies to add Zoom-style video conferencing on their platforms.

In June 2020, FPL Technologies partnered with several banks to launch OneCard, an exclusive mobile-first metal credit card.

Also, medical 3D printing startup Triastek raises “hundreds of millions” of yuan to hire more staff and seek business partnerships.

The six-year-old fintech firm also raised US$110 million in April this year, according to the Economic Times.