Saudi Arabia’s NEOM Investment Fund invests $50M in Hong Kong’s Animoca Brands

Saudi Arabia-based NEOM Investment Fund will invest $50 million in Hong Kong-based gaming firm Animoca Brands. Animoca Brands has entered into a strategic partnership memorandum…

Malaysia’s PNB, EPF, KWAP co-invest in high-tech industrial asset Kulim II for $420M

Malaysian funds Permodalan Nasional Berhad (PNB), the Employees Provident Fund (EPF), and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) have signed a sale and leaseback…

Korea Investment Partners Southeast Asia closes $60M flagship Southeast Asia VC fund

Korea Investment Partners Southeast Asia Pte. Ltd. (KIPSEA), the Singapore-based team of Korea Investment Partners (KIP) has successfully closed $60 million for its first flagship…

Gentari partners AM Green to drive large-scale green hydrogen production with global reach

Malaysian clean energy firm Gentari Sdn Bhd (Gentari) has partnered AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings…

Thailand’s NIA and Maejo University showcase ten AgBioTech-powered startups at AgBioTech Incubation 2023 Demo Day

Thailand public organization National Innovation Agency (NIA) and Maejo University have showcased ten AgBioTech-powered startups that are poised to revolutionize agriculture at…

Smart materials for energy harvesting and storage

The webinar was moderated by Professor Sir Kostya Novoselov, a 2010 #NobelPrize Laureate in #Physics and a Member of the VinFuture Prize Council. Renowned for his contributions in…

India’s Ola Electric raises $384M in equity and debt round led by Temasek, State Bank of India

Ola Electric, an India-based electric vehicle (EV) company, has on Thursday announced the successful closure of INR 3,200 Crores ($384.4 million) funding as a part of its equity…

Bukalapak’s 3Q revenue up 29 percent on year, on track for profitability by year end

Indonesia-based technology firm Bukalapak announced Friday that its revenue grew 29 percent year-over-year to IDR 1.16 trillion ($72.79 million) in the third quarter ended…

Singapore’s Drive lah raises $5 million in funding led by ComfortDelGro

Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2…

Indonesia’s J&T Express makes HKEX debut, raises $450M from global offering

J&T Global Express Limited (J&T Express), a global logistics service provider, has officially listed on the Main Board of the Hong Kong Stock Exchange on Friday under the…

Singapore’s Mesh Bio attains regulatory approval for HealthVector Diabetes

Singapore-founded health technology startup Mesh Bio has announced the regulatory approval of its HealthVector® Diabetes as a Software Medical Device (SaMD) by the Health Sciences…

DRB-HICOM invests in Carro’s auto fintech subsidiary Genie Malaysia

Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of Malaysia-listed conglomerate DRB-HICOM, has made a strategic investment in Genie Malaysia, a subsidiary of…

Smart Communications dials into Google Cloud AI to help personalize digital services for Filipinos

Smart Communications, Inc. (Smart), the mobile services arm of PLDT Group, and Google Cloud have on Wednesday announced a collaboration to improve the accessibility of essential…

Infinaxis Data Centre Platform breaks ground on its inaugural data center in Cyberjaya

Infinaxis Data Centre Platform, a joint venture formed by a fund managed by Gaw Capital Partners and its partners, celebrated the groundbreaking on Wednesday as it officially…