Ficus Capital leads the charge into Web3 with investment in Morpheus Labs

Quick Summary:

Funding will fuel expansion into Malaysia and Indonesia

Startup Five Investment also joined the Pre-A round as an early investor Ficus Capital, an ESG-compliant Islamic venture capital firm, has announced a strategic investment of US$430,000 (RM1.9 million) in Morpheus Labs, a Singapore-based AI-powered Web3 implementation platform, as part of its Pre-A funding round.

Rina Neoh, managing partner of Ficus Capital, said: "Our investment in Morpheus Labs reflects our belief in the transformative potential of Web3 and our confidence in the company’s ability to lead this revolution.

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Article Details

Author / Journalist: Gerry Wong

Category: EconomyStartupsBusiness

Markets: MalaysiaIndonesiaSingapore

Topics: Digital Ficus Morpheus Blockchain Platform Space Capital Ai-powered Investment Web3 Labs

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 04:34:06 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Digital News Asia

News ID: 26421970

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