Solowin Invests in ME Group

MT Newswires Live

08/26

Solowin (SWIN) said Tuesday it has invested in ME Group, a Web 3 industry news platform and provider of brand growth strategies.

Financial details were not provided.

Venture capital firms Fenbushi and Hashkey Capital co-led the Pre-Series A funding round, with participation from Solowin and other investors, the company said.

Proceeds from the funding round will be used to back artificial intelligence technology development projects and global market expansion, Solowin said.

Solowin shares were rising 4.8% in recent trading.

Price: 3.74, Change: +0.17, Percent Change: +4.76

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