Australian energy start-up Sicona Battery Technologies raises $15M in Series A funding

Australian energy start-up Sicona Battery Technologies (Sicona) has on Wednesday announced it has raised AUD 22 million ($15 million) in Series A funding which will be used to…

Mocaverse launches custom NFT marketplace with Rarible to address community safety

Mocaverse, the Animoca Brands membership non-fungible token (NFT) collection, has partnered with Rarible, a NFT platform for creators and brands, to launch Mocaverse Marketplace,…

Over 40 percent of Singapore IT leaders doubt digital infrastructure’s readiness for AI, says Equinix

More than four in ten information technology (IT) leaders surveyed in Asia-Pacific (44 percent) believe their existing IT infrastructure is not fully prepared for the demands of…

Digital banking is the most competitive sector in Southeast Asia’s fintech market, says Rabocash

The digital banking sector is the most competitive in the Southeast Asia (SEA), with a score of 9,692 on the Herfindahl-Hirschman Index (HHI) (reverse) index, Robocash Group said…

Southeast Asia ecommerce achieves $ 99.5B GMV in 2022, says Momentum Works

Southeast Asia Ecommerce achieved $99.5 billion gross merchandises value (GMV) in 2022, 1.8 times that of 2020 - the first year of the pandemic, a report showed Thursday.…

Gusto Collective expands into SEA with acquisition of Mercury Integrated

Hong Kong-based brand technology group Gusto Collective is expanding into Southeast Asia (SEA) with acquisition of Singapore-based luxury-marketing firm Mercury Integrated.

Malaysia secures $1.79B investment commitments at London Tech Week – report

These investments are expected to create no fewer than 1,800 high-value jobs, the minister said at the signing of a memorandum of understanding (MoU) between Malaysia Digital…

Malaysia’s Agmo inks MoU with Alibaba Cloud for EV superapp

Malaysian digital solutions and application development specialist Agmo Holdings Berhad has inked a memorandum of understanding (MoU) with Alibaba Cloud (Malaysia) Sdn. Bhd, cloud…

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Netskope’s Colin Estep on managing cybersecurity risks amid “Great Resignation” [Q&A]

"Departing employees are not the only ones posing a risk. Virtually any employee can exfiltrate #data, whether inadvertently or on purpose. It would be a mistake for organizations…

India’s HighXP raises $2.2M in seed funding led by 3one4 Capital

HighXP, an India-based casual gaming studio building social games, has raised $2.2 million in seed funding. The funding was led by 3one4 Capital with participation from Prime…

India’s Indifi Technologies raises $35M in Series E funding led by ICICI Venture

Indifi Technologies (Indifi), an India-based digital technology platforms, has on Tuesday successfully raised Rs 290 Crores ($35 million) in its Series E funding round. Funds…

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Data centers: Fueling the Generative AI economy

As the #GenerativeAI wave continues to surge, the demand for #datacenters grows alongside it. However, the industry must tackle the challenges posed by talent scarcity and…

Malaysia to reform startup ecosystem, focus on investment, says minister – report

“We will persuade these 20 agencies (related to the ecosystem) that we will have to move towards a single window approach similar to what we have done with the visa application…

Singapore-based deeptech startup Zero-Error Systems raises $7.5M in oversubscribed Series A funding

Zero-Error Systems (ZES), a Singapore-based deeptech startup, has secured an investment of $7.5 million in an oversubscribed Series A funding round. The funding round saw…