Total funding into SEA tech startups falls 71 percent year on year to $2.3B in first half, says Tracxn
Total funding into Southeast Asia (SEA) tech startups fell 71 percent to $2.3 billion in the first half of 2023, from $8 billion a year ago, said Tracxn Technologies Ltd on…
Elon Musk announces new AI company, xAI
"The goal of xAI is to understand the true nature of the universe. You can meet the team and ask us questions during a Twitter Spaces chat on Friday, July 14," the company said.
Singapore’s Antler partners Khazanah to launch and invest in Malaysia
Singapore-based venture capital firm Antler is extending its international footprint into Malaysia through a partnership with the sovereign wealth fund of Malaysia Khazanah.…
Malaysia’s Teleport unveils first A321 freighter
Teleport, the logistics venture seeded by Malaysia-listed firm Capital A Berhad, has officially inducted its first Airbus A321 Freighter (A321F) aircraft into its air logistics…
Indonesia’s Orderfaz completes pre-seed funding led by 1982 Ventures
Orderfaz, an Indonesian fintech startup for social commerce sellers, has on Thursday announced the completion of a pre-seed round of financing led by 1982 Ventures. With this…
China’s EHang raises $23M in private placement led by South Korean investor Lee Soo Man
EHang Holdings Limited (EHang), the United States-listed Chinese autonomous aerial vehicle (AAV) technology platform company, has raised a total of $23 million in private…
Temasek’s VC arm Vertex raises $900M in first round of new fund, plans to close in “coming months”, says CEO
Vertex Master Fund III was set up by Vertex Holdings to provide Japanese investors diversified exposure to key innovation hubs globally by investing into its Vertex family of…
Former Allianz Indonesia CEO joins PasarPolis as President
Indonesia-based insurtech startup PasarPolis has appointed industry veteran Peter Van Zyl as its President. Former Director and Chief Executive Officer of Allianz Indonesia, Van…
Urban solutions & sustainability dominate the 11th Lee Kuan Yew Global Business Plan competition revolutionary finalists
With the theme 'Innovations Beyond Boundaries - Reimagining a Smart, Sustainable & Resilient Future’, one of Asia’s largest university-led startup challenge empowers young…
India’s Razorpay launches payment gateway in Malaysia via Curlec
Indian Fintech Unicorn Razorpay has on Wednesday launched a full-stack payment gateway in Malaysia through Curtech, a Malaysian fintech firm it acquired last year. The Curlec…
How cross-border payments are reshaping Southeast Asian travel
Innovation in cross-border #payments has transformative potential for #SoutheastAsia’s #tourism industry. #Travel not only benefits those in the tourism sector but trickles down…
Indonesia’s SoLeLands raises funding led by East Ventures
SoLeLands, an Indonesia-based immersive game-based learning platform to support kids’ self-discovery, has on Wednesday announced that the company had raised funding led by East…
India’s Wipro commits to invest $1B in AI over the next three years
India-based technology services and consulting company Wipro Limited said Wednesday it will commit to make a $1 billion investment in advancing artificial intelligence (AI)…
Singapore healthtech startup Speedoc partners Parkway Shenton to expand medical care reach
Singapore healthtech start-up Speedoc has on Wednesday announced a partnership with Singapore’s primary healthcare provider Parkway Shenton. The partnership intends to leverage…
