Daily Briefing: Razer's mask production line starts operations; Insurtech Axinan clinches Series A+ funding

And fund management firm Sistema Asia ties up with Russia’s state fund.

From CNA:

Gaming company Razer announced that its fully automated mask manufacturing line was now operational and has begun production.

Around 5 million masks a month can be produced and the manufacturing capacity "can be scaled up if required," said the firm in a media release. The mask production line was set up within 24 days of initiating the project.

Razer CEO Tan Min-Liang initially announced on 1 April that Razer had plans to set up the manufacturing line within 30 days.

In the media release, the company said it has been "actively contributing toward the fight against COVID-19," including donating up to 1 million face masks globally.

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