Grayscale Ventures announces the first close of its DevInfra focused micro-fund

Singapore-based venture capital firm Grayscale Ventures has on Monday announced the first close of their DevInfra and software as a service (SaaS) focused Pre-Seed fund.

Worms Eye View Photography of Buildings

Cloud is the gamechanger for the financial sector in 2023

In the age of digital transformation, cloud solutions empower FIs to create authentic and seamless customer engagement that attracts people to their business through the…

HashKey gets approval to conduct off-platform virtual asset trading (OTC) in Hong Kong

HashKey Group, a Hong Kong-based digital asset financial services provider in Asia, has announced that it has obtained approval from the Securities and Futures Commission of Hong…

Malaysia’s Aerodyne makes strategic investment in Aiviewgroup in Italy

Aerodyne Group, the Malaysia-based drone solutions provider, announced Monday that it has entered the Italian market through a strategic investment in Aiviewgroup, the drone…

Petronas FutureTech 3.0 expands to Asia Pacific region

Petronas FutureTech 3.0, an accelerator programme to nurture technology startups, is now open to applicants in the Asia Pacific region, the first time the programme is expanding…

Indonesia seek to dual list home-grown startups in Hong Kong – report

IDX has proposed to bring its local startups to also list on the bourse operated by Hong Kong Exchanges and Clearing Ltd (HKEX)

Animoca Brands Japan invests in Taiwanese firm Passion Labs

Animoca Brands Japan, a strategic subsidiary of Hong Kong-based gaming firm Animoca Brands Corporation Limited (Animoca Brands), has invested in Passion Labs, a platform providing…

Singapore’s Alchemy Foodtech expands into sugar reduction solutions

Alchemy Foodtech, a Singapore-based carbohydrates and sugar reduction food technology company has announced its expansion into sugar reduction solutions, which is now used in…

Indonesia’s DishServe pivots business model, eyes for profit

DishServe, an Indonesia-based food tech startup, has announced that it is pivoting its business model and is now focusing on the automation of back of house operations for…

Grease Monkey Games partners with Mishimoto for Torque Drift 2

Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has joined forces with Mishimoto, the leader in car cooling aftermarket parts, for the upcoming…

Gaw Capital Partners partners A3 Capital to launch Infinaxis Data Center in Malaysia

Hong Kong-based Real estate private equity firm Gaw Capital Partners announced Thursday that the firm has formed a joint venture platform with Singapore-based real estate…

Vietnam’s FPT Software acquires Intertec International’s IT services division

Vietnam’s technology firm FPT Software, has on Wednesday announced its acquisition of Intertec International’s (Intertec) IT services division, to further strengthen its North…

Grab to breakeven earlier than expectation after recording narrowed losses

Singapore-based superapp Grab sees the firm to breakeven earlier than expectation after it recorded narrowed losses in 2022. Grab expects its revenue to come in between $2.20…

Malaysia government in talks with Proton, Perodua to expedite production of national EVs – report

Fitch Solutions has anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives…