The absence of EV charging infrastructure has been cited as a critical factor that is holding back the pace of EV deployment in Vietnam and other parts of Southeast Asia. Clime Capital, a Singapore-based fund manager focusing on accelerating the low carbon transition, is helping Vietnam address this concern through its partnership with EBOOST, the ... Read more ›
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Singapore and India recently launched a linkage that will allow customers to send and receive funds between bank accounts or e-wallets across the two countries in real-time. The linkage involves the Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) together with Singapore’s PayNow and India’s Unified Payments Interface (UPI). In a ... Read more ›
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With the rising awareness on mental wellness issues, there is now a need for employers to also provide a supportive corporate environment for mental well-being through an increased mental health insurance coverage. To address this need, AIA Singapore (AIA), the leading life insurer in employee benefits, has partnered with WhiteCoat Holdings Pte. Ltd. (WhiteCoat), a ... Read more ›
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Willowmore Pte Ltd, a technology solutions provider in Singapore, has announced that it already closed Series A+ of its funding round. The company’s latest funding round earned investments that will help Willowmore further expand its market presence and strengthen its position as a leading provider of smart access, IoT and analytics technologies. Series A+ was ... Read more ›
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FreshToHome‘s mission to make 100% preservative and antibiotic-residue free fish, seafood, and meat affordable and accessible to millions of meat lovers received a boost from the outcome of its recently concluded Series D. The funding round closed with $104M in fresh investments for the world’s largest and fully integrated online consumer brand for preservative and ... Read more ›
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The modern e-wallet market in Vietnam will continue to surge and is expected to reach 50 million active users by July 2024, according to experts. Robocash Group said in a report that “the modern e-wallet market in Việt Nam is booming with 90% of the market falling on three wallets: Momo, Moca and ZaloPay.” In ... Read more ›
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Global Brain Corporation (Global Brain) of Japan has partnered with Meiji Yasuda Life Insurance Company (Meiji Yasuda) to establish the “Meiji Yasuda Future Innovation Fund L.P.” with a committed capital of $39 million. In a statement, Global Brain said that the “Meiji Yasuda Future Innovation Fund” is intended for leading startup companies that are developing ... Read more ›
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Malaysia-based marketing technology startup Involve Asia has announced raising $10 million in an investment round led by Bintang Capital Partners. The investment was made through Bintang’s maiden fund, BCP Asia Fund I, according to the announcement. Orbit Capital Malaysia, 500 Global, and Monumental Productions also participated in the funding round. The fresh funding will be ... Read more ›
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The Chinese government has selected MY EG Services Bhd’s (MYEG) blockchain infrastructure Zetrix to be a component of its government-to-government collaborative research programme that is set to lead to commercialisation. It said in a filing with Bursa Malaysia that Zetrix, a layer-1 public platform developed by MYEG, is the international super node for China’s national ... Read more ›
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Healthcare infrastructure, digital health, pharma, and foodtech will be among the industries that will impact the world in 2-3 years, according to Angel Low, principal at early-stage venture capital investor and studio The Hive Southeast Asia. In an interview with AsiaTechDaily, Low said the rapidly aging population, rising number of diseases and healthcare cost, and ... Read more ›
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American tech giant Amazon has entered into a Memorandum of Understanding (MoU) with SG Enable to tap persons with disabilities to help in its operations in Singapore. The company’s partnership with SG Enable aims to create equal opportunities for these individuals. Under the MoU, Amazon will have to triple the number of its associates with ... Read more ›
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Turno, an India-based platform for commercial electric vehicle (EV) distribution and financing, has raised $13.8 million in Series A that it could use to build a proprietary battery tech platform that will address issues on end-of-life battery value. It hopes to help address global concerns on electric vehicle (EV) batteries and e-waste. Turno’s recent funding ... Read more ›
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The global AI software market size is expected to experience rapid growth, expanding from $87 billion in 2021 to an estimated $1.597 trillion in 2030, according to a report by Precedence Research released on April 19, 2022. And with the advancement of AI technologies, AI models will also start to be used in more applications, ... Read more ›
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Thailand’s artificial intelligence (AI)-powered digital lending platform, MONIX Co., LTD., has announced that it successfully secured $20 million in the first close of its pre-initial public offering (IPO) fundraising. With the addition of $20 million, the company now has an aggregate funding of $40 million. In a statement, MONIX said that the support that they ... Read more ›
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The Malaysian Technology Development Corporation (MTDC), a company that is wholly-owned by Khazanah Nasional Bhd, has joined Gobi Partners in co-investing $1.16 million (RM5 million) in Pitch Platforms Sdn Bhd (pitchIN). The investment, that was made through MTDC’s Business Growth Fund (BGF Fund) and Gobi‘s Superseed II Fund (Gobi SSII Fund), will be spent to ... Read more ›
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Law&Good, a legaltech startup that is based in Korea, is now considered as the fastest to secure more than $10 million after it also raised $6 million in the recently concluded Series A2 funding round. The cash came from a number of investors that included Spring Ventures, Nau IB Capital, Mirae Asset Ventures, HB Investment, ... Read more ›
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Villgro Philippines has partnered with the International Development Research Centre (IDRC) of Canada to spur responsible AI development in South and Southeast Asia. The two companies recently led the launch of Artificial Intelligence for Health in Asia (AI4Health Asia), a program that is designed to scout, support, and scale innovations that would spur responsible AI development ... Read more ›
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Ampotech, a Singapore-based energy technology startup, has announced that it raised S$1,775,000 in Pre-Series A to fund its international expansion. The company plans to open its first international office in the coming months in order to bring its solutions to new industry verticals, beyond its base in commercial real estate. Earth Venture Capital (Earth VC), ... Read more ›
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The TOP100 programme, created by e27 to provide early-stage startups with access to a platform that facilitates connections for partnerships, funding opportunities, and more in the Asia Pacific, returns this year with Echelon Asia Summit 2023. Since its inception, the TOP100 pitching competition has brought the best-in-class early-stage startups to showcase and pitch onstage across ... Read more ›
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Binance, the llobal blockchain ecosystem and cryptocurrency infrastructure provider, has invested in GOPAX, a South Korean cryptocurrency exchange licensed to provide fiat-to-crypto services to customers. The investment was part of Binance’s Industry Recovery Initiative (IRI), according to the announcement. Launched at the end of 2022, the IRI is a co-investment opportunity for organizations wishing to ... Read more ›
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Most popular sources
Business Insider
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26% 2 |
Tech Wire Asia
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16% 11 |
CNET
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7% 4 |
Eurogamer.net
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6% 2 |
The Verge
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6% 2 |
| View sources » | |
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27.11.2024 22:35
Last update: 22:16 EDT.
News rating updated: 05:31.
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