Data centers borne out of COVID: A closer look at skills, land scarcity, and energy usage
Ultimately, reducing the impact on the environment dramatically is fundamental for a sustainable future and the onus lies on data center operators to keep energy levels in check…
January 11, 2022
NewsIndonesiaFinTechInvestments
Indonesian Fintech player KoinWorks raises $108M in Series C funding led by MDI Ventures
KoinWorks has raised $108 million Series C funding round led by MDI Ventures, Previous equity investors such as Quona Capital, Triodos Investment Management, Saison Capital, ACV…
January 11, 2022
Singapore interactive video platform Wootag raises $1.7M in funding led by Cornerstone Venture Partners Fund
Wootag has raised $1.7 million in bridge funding led by Cornerstone Venture Partners Fund (CSVP), with further backing from existing investors Wavemaker and SEEDS Capital. This…
January 11, 2022
NewsInvestmentsIndonesiaAgriTech
Indonesian agritech start-up eFishery raises $90M Series C to expand throughout Asia
eFishery has successfully closed $90 million in its Series C round. This round of investment was co-led by Temasek, SoftBank Vision Fund 2, and Sequoia Capital India, with…
January 11, 2022
Malaysia’s Aerodyne enters strategic partnership with Norway’s Astralution to offer drone solutions in Scandinavian region
Aerodyne Group has inked a strategic partnership with Norway’s Astralution to offer drone-as-a-service (DaaS) and software-as-a-service (SaaS) solutions in the Scandinavian…
January 11, 2022
NewsInvestmentsAsiaBiotech / MedTech
Israel’s MeMed raises $93M to accelerate commercialization of its host immune-response product portfolio
MeMed announced Monday a $93 million private financing round, bringing total funding in the company to over $200 million, including support from the U.S. Department of Defense and…
January 11, 2022
MalaysiaTNGlobal Q&A and InterviewsPropTech
S P Setia’s Alex Chi discusses how process, structure, and culture are important in cultivating corporate innovation [ORIGIN Innovation Awards Q&A]
The key success factors of corporate innovation are -- Process, Structure, and Culture. First, process needs to be optimized. Second, enable a structure to facilitate agile…
January 10, 2022
NewsMalaysiaeCommerceLogistics
AirAsia secures Malaysian regulator license for remote drone pilot training
AirAsia has secured its Certificate of Approval (COA) from the Civil Aviation Authority of Malaysia (CAAM), to conduct remote drone pilot training. With the approval, AirAsia has…
January 10, 2022
NewsInvestmentsMalaysiaTransportation
Malaysia unicorn Carsome raises $290M in Series E financing
Carsome Group announced the completion of its $290 million Series E round, increasing the company’s valuation to approximately $1.7 billion. The latest financing round was jointly…
January 10, 2022
Indian quick commerce player Dunzo raises $240M funding led by Reliance Retail
Dunzo has raised $240 million in its latest round of funding led by Reliance Retail Ventures Limited. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also…
January 8, 2022
NewsSingaporePrivate EquityMergers and Acquisitions
Singapore’s online classifieds platform Carousell in $1.5B SPAC deal talks with L Catterton – report
A transaction could value the combined entity at as much as $1.5 billion.
January 7, 2022
Indonesian logistics firm J&T Express officially launches its express network in the UAE and Saudi Arabia
J&T Express has official launhced its express network in the United Arab Emirates (UAE) and Saudi Arabia. The two countries are the first markets to be covered by the firm in…
January 7, 2022
Malaysia-based Carsome raises $300M from Temasek-backed funds, QIA – report
Carsome, Malaysia's first tech unicorn, is said to be planning for an initial public offering in the US later this year.
January 7, 2022
Indonesian cloud-based POS Olsera raises $2.5M from Kejora-SBI Orbit
Olsera has raised $2.5 million in seed round funding from Kejora-SBI Orbit. With this fresh capital, Olsera seeks to strengthen its technological infrastructure, recruit more…
January 7, 2022
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