Daily Brief Private Markets: BintanGo Expands into Live Commerce with $2.2m Raise and more

In today’s briefing:

BintanGo Expands into Live Commerce with $2.2m Raise
Digital Entertainment Asset Raises Funding from Global Brain to Launch New Web3 Initiatives
Genexyz, Which Provides Virtual Avatars for Content Creators, Lands US$1M Funding

BintanGo Expands into Live Commerce with $2.2m Raise

BintanGo, which provides tools for digital content creators in Indonesia, has raised US$2.2 million in a seed extension round joined by Investible, Contents Technologies, and other investors.
This brings its total funds raised to US$4.8 million so far. The startup closed a US$500,000 pre-seed round in June 2021 and a US$2.1 million seed round in April 2022.
With the latest investment, BintanGo plans to extend its services to live commerce platforms, said CEO and co-founder Jason Lee in a statement.

Digital Entertainment Asset (DEA), a Singapore-based Web3 entertainment company, today announced that it has secured undisclosed funding from Global Brain Corporation’s KDDI Open Innovation Fund III.
In a press statement, DEA co-founder and co-CEO Naohito Yoshida said that the company is “very proud” to announce its new investment and collaboration with Global Brain.
“We look forward to working together with KDDI to offer various Web3 incentives to a wider audience, including the use of PlayMining assets in the αU metaverse and joint efforts to promote DEA’s ‘GameFi-for-Good’ social impact initiatives,” he said.

Indonesia-based virtual influencer and meta-human company Genexyz has secured US$1 million in seed funding led by East Ventures.
Emtek, MDI Ventures, Trinity Optima, and Massive Music also joined.
The company will use the funds to expand into Southeast Asia and develop more interactive technology to connect with relevant communities.

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