May has been an exciting month of big achievements and new milestones for 500-backed startups! Hong Kong’s first unicorn listed on the Nasdaq; 7 companies raised over US$190M in total across multiple industries including mobility and the Metaverse; and 3 companies expanded through investments and acquisitions. Read on to find out more!

Missed last month’s highlights? Check it out here.

Credit: Suzy Hazelwood from Pexels

• Prenetics becomes first HK unicorn to list in the US
• Bibit bags over US$80M for roboadvisory
• Neuron Mobility raises US$43.5M for safer & smarter e-scooters
• LottieFiles raises US$37M to democratize animations
• SwipeRx bags US$27M to break pharmaceutical silos
• Glife raises US$2.88M Series A extension
• Finku bags US$2.8M for responsible lending
• VTF creates high-utility Metaverse platform
• Carousell goes physical with Refash
• Glife invests in Vietnamese agritech
• Carsome buys into fun & engagement
• Grab & Carsome win Malaysia digital banking license
• Christine Tsai & Hooi Ling Tan are Tech Changemakers
• Vishal Harnal on untangling Web3 for investors
• Aliena puts Singapore on the map for spacetech
• Gilmour Space develops 3D-printed liquid rocket engine
• Urbanmetry studies climate change
• abillion launches marketplace to become sustainability superhub
• iPrice Sellers Club to help SMEs
• Transcelestial beats 200+ in Hewlett Packard Enterprise (HPE) challenge

Other stories you may have missed:

• Following exceptional rider uptake, Neuron Mobility expands its riding area in Lethbridge less than a month into the program.
• Founder & CEO of Nas Academy Nuseir Yassin was selected to be a mentor in LinkedIn’s first Creator Accelerator Program in India.
• E-pharmacy Dawaai was featured in Techlist’s Top 7 Successful Startups in Pakistan 2022.