Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half

Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said…

Silverlake Axis ventures into Cambodia through strategic partnership with Chip Mong

Singapore-listed fintech and digital banking solutions provider Silverlake Axis Ltd. (SAL) has ventured into Cambodia through strategic partnership with Chip Mong Group, a…

Singapore’s Atome Financial secures up to $100M growth debt facility from EvolutionX to drive expansion in Southeast Asia

Singapore-based fintech firm Atome Financial has secured up to $100 million growth debt facility from EvolutionX to drive profitable expansion in Southeast Asia.

Hong Kong fintech firm FundPark secures $250M in loan led by HSBC

FundPark, a Hong Kong-based fintech company, has closed an asset-backed securitization (ABS) facility of up to $250 million, of which HSBC will provide up to $200 million as the…

Malaysia’s Systech partners EISSB to develop data centers

Malaysian information technology (IT) services firm Systech Bhd has partnered industrial-grade servers and storage solutions provider EH Integrated Systems Sdn. Bhd. (EISSB) to…

Catcha Digital partners Keluar Sekejap founders to launch KS Lagi

Malaysian digital media firm Catcha Digital Berhad, via its subsidiary, has entered into a joint venture agreement with Khairy Jamaluddin (KJ) and Shahril Hamdan (Shahril), the…

GreenRock partners Solarvest to develop 1 GW green energy project in Taiwan and Malaysia

Solarvest, Malaysia’s clean energy firm, has announced a strategic collaboration with GreenRock Energy, a Taiwanese renewable energy player, to accelerate the development of green…

Malaysia’s Sunway partners European Union to advance sustainability initiatives

This landmark collaboration between the diplomatic mission of the world’s largest trading bloc and one of Southeast Asia’s leading conglomerates marks another significant…

Singapore’s Food Empire secures $40M from Ikhlas Capital

Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital…

Axrail opens Gen AI lab in Malaysia in collaboration with AWS and Phison

Axrail, an artificial intelligence (AI) subsidiary of Malaysian integrated agro-based business group QL Resources Berhad, has opened a generative AI (Gen AI) lab in Malaysia and…

Malaysia’s Paywatch secures $30M funding from a mix of equity and credit facilities

Malaysia-based earned-wage access (EWA) service provider Paywatch has raised $30 million in funding from a mix of equity and credit facilities to supercharge its growth.

Burnout leads to employee AI use at work

As AI becomes a larger part of the workplace, people must use these tools wisely. They may be excellent options for productivity, but they also have the potential to expose…

Malaysian climate fintech startup Okapi Technologies raises funding from The Radical Fund

Okapi Technologies, a Malaysia-based climate fintech startup in the solar financing space, announced Monday the successful closure of its funding round and official launch in…

ORIGIN: Asia Tech Conference: “Cultivating Innovation: Strategies for Building a Conducive Environment for Tech Growth in Southeast Asia”

The panelists, from corporate venture capital, venture capital firm and venture builder, shared their views on the criteria and support needed to build a conducive tech ecosystem.

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