Image via PRN — Economy & Policy
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WasabiCard: Capital Raising
WasabiCard, a global payment infrastructure platform for stablecoins and real-world financial applications, closed Series Pre-A funding backed by Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC
Source: PRN — Economy & Policy
The leadership read
Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
Market context: Against a Talent Market Index of 111.1 (Hot) (up 5.2 month-on-month), Asia is at rising (+3.7pts) on signal share.
WasabiCard: 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.
MitchelLake in this thematic
More signals across Asia
Capital Raising · Asia
Morrison →Japan's Sumitomo Mitsui Trust Bank acquiring 15% stake in Morrison infrastructure investment platform
Capital Raising · Asia
Turing →Turing completed Series A funding extension round, raising ¥12.62 billion (¥6.82B equity + ¥5.8B debt) to add to first close of ¥15.27B in November 2025, for total Series A of ¥27.89B. Investors include AMD Ventures, BIPROGY, Mitsubishi Corporation, MUFG Bank, and others. Capital supports development of fully autonomous driving system.
Capital Raising · Asia
Azalea Investment Management →Azalea Investment Management, backed by Temasek Holdings, launched its first private equity evergreen fund (Azalea All Access) and secured US$350 million in initial commitments from anchor investors.
Capital Raising · Asia
B Capital →B Capital closed a $500M early-stage venture fund with 20% allocation earmarked for Asia, positioning Singapore and India as priority deeptech hubs with AI as the thesis across portfolio.
Capital Raising · Asia
GCash →GCash is proceeding with an IPO listed as the country's largest stock market listing, with an offer price of P10 per share. Success depends on investor appetite and company fundamentals amid challenging conditions.
Capital Raising · Asia
PixVerse →AI video generation platform PixVerse raised US$300 million in Series C funding.
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