GLOBAL: Ficus Capital, a Malaysian ESG Islamic venture capital firm, has announced its investment of US$430,000 in Morpheus Labs, a Singapore-based, AI-powered Web3 implementation platform, made through the Ficus SEA Fund. The investment supports Morpheus in simplifying blockchain implementation for businesses and developers.
Startup Five Investment, a boutique fund focused on digital transformation, ESG and Web3, is also participating in the Pre-A funding round. Pei-Han Chuang, the founder and CEO of Morpheus Labs, is investing alongside the firms.