Indonesia’s GoTo achieves positive Adjusted EBITDA

GoTo expects to capture additional growth in broad user demographics in its core On-Demand Services and Financial Technology segments more cost-effectively across the expansive…

[Discover Vietnam Tech] Recent interest by Big Tech provide great opportunity for Vietnam, says Touchstone Partners ex-Venture Partner Bobby Liu

In the interview, Touchstone Partners ex-Venture Partner Bobby Liu shared the opportunities and challenges, the funding environment, emerging trends in the tech ecosystem in…

MAS announces establishment of Global Finance & Technology Network for next phase of FinTech growth

MAS announced Wednesday the establishment of the Global Finance &Technology Network (GFTN) to further strengthen Singapore as a global FinTech hub and enhance global connectivity…

Vietnam’s Coolmate bags $6M Series B funding led by Vertex Ventures SEA & India

The investment will accelerate Coolmate's international expansion, product innovation and omnichannel retail presence across Southeast Asia.

NUS & NTU to launch $37.8M startup incubator program

The new program will be a comprehensive incubator program designed to bridge the gap between scientific research and market application. It will support startup teams by helping…

MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment

The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s…

silhouette photo of man on cliff during sunset

From hair growth to weight loss, how Hims is turning the traditional healthcare industry on its head

Entrepreneurs are often faced with a challenge: how to avoid having their ideas and business models quickly copied by established companies. I would like to share the example of…

Vietnam’s PangoCDP secures $1.5M seed funding led by Kairous Capital to revolutionize business-consumer connections via social chat apps

With this new investment, PangoCDP plans to accelerate its product development, enhance its platform's capabilities, and expand its market reach. The funding will also be…

HKSTP leads delegation of 25 Hong Kong tech ventures to Middle East Market at Saudi Arabia’s FII8

Earlier this month, the Future Investment Institute published the white paper “Hong Kong’s Dual Focus on Sustainable Investment and Green Innovation” written by HKSTP. It…

UK-based Loqate partners with GrabMaps to enhance location data capabilities in Southeast Asia

The partnership accelerates Loqate’s expansion in Southeast Asia and enables businesses to improve data accuracy, ensure delivery success and provide exceptional customer…

Gobi Dana Impak Ventures invests in Malaysia’s fintech firm DCAP

This investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with Khazanah’s Dana Impak mandate. Gobi’s investment will help…

US-based cybersecurity firm Armis raises $200M at $4.2B valuation, eyes IPO

Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.

AWS Skills to Jobs Tech Alliance launches in Malaysia to stimulate tech talent ecosystem

In collaboration with the Malaysia Digital Economy Corporation (MDEC), the Tech Alliance aims to modernize tech programs of study at Malaysian higher education institutions,…

Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report

In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.