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…
October 31, 2023
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…
October 30, 2023
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…
October 30, 2023
NewsMalaysiaAsiaSustainability
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…
October 30, 2023
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…
October 30, 2023
VietnamSustainabilityElectric Vehicles & MobilityFeatures
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…
October 27, 2023
NewsAsiaElectric Vehicles & Mobility
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…
October 27, 2023
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…
October 27, 2023
NewsAsiaSingaporeTransportation
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…
October 27, 2023
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…
October 27, 2023
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…
October 27, 2023
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…
October 26, 2023
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…
October 26, 2023
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…
October 26, 2023
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