Vietnamese EV maker VinFast to expand into Southeast Asia, raising more capital – report

Southeast Asia has a lot of potential with governments looking to boost EV adoption with aggressive targets, VinFast Chief Executive Officer Le Thi Thu Thuy said.

Australia’s Atlassian to acquire video messaging platform Loom for $975 million

Atlassian Corporation, a provider of team collaboration and productivity software based in Australia, will acquire video messaging platform Loom for approximately $975 million to…

Indonesia’s AMODA raises seed funding co-led by East Ventures and Living Lab Ventures

AMODA, a property and construction technology startup in Indonesia, has secured seed funding co-led by East Ventures and Living Lab Ventures. This round of investment strengthens…

Kazakhstan Science Fund partners Quest Ventures to boost startup ecosystem

The Science Fund, a Kazakhstan national institute for scientific and technological development, has on Monda announced that it has signed an agreement with Singapore-based venture…

Vietnamese robotic prosthetics firm Vulcan Augmetics raises seed funding from Quest Ventures

Vulcan Augmetics, a Vietnam-based robotic prosthetics firm, has on Monday announced that it has secured seed funding from Singapore-based venture capital firm Quest Ventures.

Budget 2024: Malaysia federal govt plans to adopt EVs as official vehicles

The government will also strengthen the venture capital environment through the centralization of venture capital agencies such as Penjana Kapital and MAVCAP under the sovereign…

a toy robot is sitting on a table next to a traffic light

Achieving differentiation and competitive advantages through AI

For businesses aiming to achieve AI-driven, enhanced operational competencies and competitive advantages, partnering with an IT and innovation services provider that offers an…

Vietnam’s GSM expands to Lao electric vehicle ride-hailing service market

Vietnam’s Green and Smart Mobility JSC. (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi service under the brand Green…

Malaysia’s Sime Darby Motors partners Gentari to drive green mobility and clean energy solutions

Malaysian automotive player Sime Darby Motors (SDM) has partnered with clean energy firm Gentari Sdn Bhd to accelerate the building of Electric Vehicle (EV) charging stations and…

Infosys and Temasek extend digital services joint venture for five years

Infosys, a global firm in next-generation digital services and consulting, has on Thursday announced a five-year extension of its successful joint venture collaboration with…

SoPa gets financing from Strattners to invest into subsidiaries to go public in 2024

Society Pass Inc. (SoPa), the Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, has announced an equity line of up to $40 million to…

TikTok’s compliance with Malaysian laws is still “unsatisfactory”, says Communications Minister

TikTok has recently come under scrutiny in Southeast Asia. Last week, Indonesia's government has halted transactions on its platform following a ban on e-commerce trade on social…

Singapore’s Account Labs raises $7.7M to launch Google-login Web3 wallet

Account Labs, the Singapore-based Web3 wallet solution provider, has on Thursday announced it has raised $7.7 million from lead investors Amber Group, MixMarvel DAO Ventures, and…