Manta Network developer p0x labs raises $25M Series A funding

P0x labs, the cryptographic development team building Manta Network, has on Thursday announced its $25 million Series A funding, led by Polychain Capital and Qiming Venture…

GrabAds launches ‘Marketing Manager’ to help MSMEs in Southeast Asia to spur sales

GrabAds, the advertising arm of Southeast Asian superapp Grab, has launched Marketing Manager - a web-based marketing platform that gives small and medium-sized businesses full…

Vietnam’s VinFast to build electric vehicle factory in North Carolina next week

Vietnamese automaker VinFast has announced that it will hold the groundbreaking ceremony of its electric vehicle factory in North Carolina on July 28. The factory is expected to…

Philippine career platform Bossjob launches services in Japan

Bossjob, the chat-first career platform for professional hiring based in the Philippines, has announced it will launch its service in the Japanese market, facilitating Japanese…

Indonesia‘s MAKA Motors raises $37.6M in seed funding round co-led by AC Ventures, SV Investment, East Ventures

Indonesia-based electric vehicle (EV) startup MAKA Motors announced Thursday the successful completion of its seed funding round, raising $37.6 million. The funding round was…

Tesla to invest in Malaysia, boosting the country’s sustainable mobility

Tesla Sdn. Bhd. (Tesla), an American multinational electric automotive manufacturer, has on Thursday announced its strategic expansion into the Malaysian market. The expansion…

Digital bank GXS offers saving accounts in Singapore with maximum deposit amount of $57,000

Singaporean digital bank GXS Bank (GXS) which is backed by superapp Grab Holdings Ltd and communications technology group Singtel, has announced that it has opened up the GXS…

US-based Ares Management acquires Singapore-based private equity firm Crescent Point Capital

United States investor Ares Management Corporation (Ares) announced Monday that it has entered into a definitive agreement to acquire 100 percent of Crescent Point Capital (CPC),…

Sprout Solutions expands artificial intelligence capabilities via Aiah AI acquisition

Sprout Solutions, a homegrown business to business (B2B) software as a service (SaaS) company and human resource tech firm in the Philippines, has finalized the acquisition of…

Sime Darby, AEI Capital become limited partners in Vynn Capital’s $30M fund

Vynn Capital, a Malaysia-based venture capital firm specializing in early-stage investments, has on Wednesday announced the participation of Malaysian conglomerate Sime Darby…

Explaining fintech’s role in the Philippine economy’s resilient growth

With continuing inflation and growing material demands of #Philippines citizens, their need to close financial gaps in the personal and family budgets will increase. Digital…

Malaysian clean energy firm Solarvest embarks strategic initiatives to expand into Singapore and Brunei

Malaysian clean energy expert Solarvest Holdings Berhad is embarking on strategic initiatives to expand its geographical reach into the Singapore and Brunei markets to capitalize…

Hong Kong’s Rice Robotics raises $7M Pre-A funding to expand footprint in Japan

Rice Robotics, a Hong Kong-based workforce automation start-up, has successfully secured $7 million in pre Series A funding. A portion of the funding has been allocated to…