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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.