For Choco Up, non-dilutive funding addresses funding gap for growth without being costly in terms of equity [Q&A]
In our TechNode Global Q&A with Percy Hung, Co-founder, and Chief Executive Officer of Choco Up, we learn how non-dilutive funding drives value for both founders and even equity…
December 17, 2021
Vietnams’s Society Pass establishes regional headquarters in Singapore, poised to accelerate growth in Southeast Asia
Society Pass (SoPa), which is listed on Nasdaq, announced Thursday its ambition to accelerate its growth in Southeast Asia through the launch of its regional headquarters in…
December 16, 2021
NewsFinTechSingaporeMalaysiaInsurTech
Singapore insurtech Igloo extends footprint in Malaysia with Pine Labs partnership
Igloo has partnered with Pine Labs to extend of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone…
December 16, 2021
NewsInvestmentsSingaporeVenture Capital
Singapore’s VC firm 1982 Ventures reaches first close of maiden fund at $12.5M
1982 Ventures announced the initial close of its first seed stage venture fund with $12.5 million in committed capital. The fund which is targeting to raise a total corpus of $15…
December 16, 2021
India payment technology platform Juspay raises $60M in Series C funding led by SoftBank
Juspay has announced $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.
December 16, 2021
NewsIndonesiaBlockchain / Crypto
Binance and MDI Ventures-led consortium establish joint venture to grow blockchain ecosystem in Indonesia
Binance has established a joint venture with a consortium led by MDI Ventures (MDI) to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based…
December 16, 2021
NewsIndonesiaVenture CapitalSEAInvestments
Indonesia to launch Merah Putih Fund worth $200M to support local ‘soonicorns’ – report
Erick said Indonesia has the potential to create more unicorns, 25 in his estimation.
December 16, 2021
For the Botsync team, collaborative automation will be key to accelerating digitalization in logistics [Q&A]
Botsync is a robotics startup founded in Singapore that specializes in AMR-based (Autonomous Mobile Robot) automation solutions.
December 16, 2021
NewsMalaysiaMergers and AcquisitionsAsiaPrivate Equity
Malaysia-based SPAC Kairous Acquisition starts trading on NASDAQ
The company said the timing is just right as it believes that Southeast Asia is on the verge of producing many more great tech companies in years to come.
December 15, 2021
Malaysia fintech and e-wallet provider MyMy set for beta testing and reveals Malaysian-inspired product innovations
MyMy has released its wave of leading-edge card and app features as it gears up for targeted beta testing this January, 2022. Backed by demands from in-depth market studies,…
December 15, 2021
TNGlobal InsiderPodcastInsurTech
Can blockchain-powered microinsurance become a new global standard? [Panel discussion podcast]
Essentially, microinsurance is insurance with low premiums, covering potentially up to billions of people at scale, especially for those who can’t afford regular insurance. Today,…
December 15, 2021
NewsMergers and AcquisitionsAsiaMetaverse
Nike acquires C Ventures-backed virtual sneaker maker RTFKT
NIKE, Inc. has acquired RTFKT, a C Ventures-backed brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming. This…
December 15, 2021
NewsSEAMalaysiaSingaporeMergers and Acquisitions
Grab to acquire Malaysia-based supermarket chain Jaya Grocer
While Grab did not disclose the financials of the transaction in the filing, the deal is said to be worth between MYR1.5 billion ($354 million) and MYR1.8 billion ($425.42…
December 15, 2021
NewsInvestmentsAsiaVenture Capital
Hong Kong venture accelerator Brinc closes $130M funding led by Animoca Brands
Brinc announced the closing of its $30 million Series B fundraise and a further $100 million for startup investments, led by Hong Kong unicorn Animoca Brands. The new capital will…
December 15, 2021
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