Singapore’s Tin Men Capital announces the first close of Fund II

Tin Men said in a statement that the new Fund II will continue the vision of Fund l in building on Tin Men's track record of investing in business to business (B2B) technology…

Hong Kong’s Wada Bento bags $2.8M Pre-Series A funding for expansion

Wada Bento, A Hong Kong start-up with a new decentralised foodservice platform, announced Wednesday the successful conclusion of a fresh round of Pre-A funding, landed over HK$22…

Higher interest rates challenge APAC digital banks, says Fitch

Fitch Ratings said Wednesday that it believes that many new digital banks in the Asia-Pacific (APAC) region will find it more challenging to achieve financial viability as…

Y Combinator-backed Philippine startup Shipmates raises $2.2M to grow shipping platform

Shipmates, Philippine-based shipping platform backed by Y Combinator and Iterative, announced Thursday that it had raised $2.2 million in a seed funding round. The seed round was…

Iglobsys Technology acquires Malaysia’s Mason Games for $1M

Mason Games Sdn. Bhd., a mobile game development studio announced Thursday that it has been acquired by Iglobsys Technology Sdn. Bhd for $1 million. The acquisition, which took…

Vietnamese EdTech startup EDUPIA raises $14M Series A funding led by Jungle Ventures

Vietnamese EdTech startup EDUPIA has announced a $14 million Series A fundraise led by Jungle Ventures. The round also saw participation from Alibaba-backed eWTP Capital, and…

Singapore’s Nektar exits stealth mode to help companies navigate the downturn by fixing CRM data leak

Revenue operations solution provider Nektar.ai is addressing the ‘CRM data leakage’ problem and has launched the general availability of its artificial intelligence (AI)-enabled…

Ascend Vietnam Ventures prioritizes FinTech, blockchain, EdTech, Future of Work, Saas as Vietnam tech sector enters ‘Golden age’ [Q&A]

In the interview, Tran also shared his views on the VC firm’s plans and exit strategy and his views on the tech ecosystem in Vietnam, among others.

CREDAI and Venture Catalysts form $100M Proptech fund in India

The Confederation of Real Estate Developers’ Associations of India (CREDAI) and Venture Catalysts, an India-based integrated incubator and accelerator for startups, have partnered…

Australia’s Morse Micro raises $140M Series B funding led by Japan’s MegaChips Corporation

Morse Micro, an Australia-based fabless semiconductor company reinventing Wi-Fi for the Internet of Things (IoT), announced Tuesday $140 million in Series B funding. The round was…

China’s Tencent up stake in French gaming firm Ubisoft

Chinese multinational technology and entertainment conglomerate Tencent has increased its stake in French gaming firm Ubisoft to 9.99 percent from 4.5 percent. Tencent is paying…

How will AI continue to contribute to the gaming experience?

Soon, AI will assist game developers in creating realistic worlds that don’t cost as much as a Hollywood blockbuster. For instance, it can take dozens of hours for a game artist…

Malaysia government wants to tap huge potential in UAS sector – report

The government will also develop the UAS Traffic Management System (UAS-TM).

Indonesia’s Akulaku partners with China’s Alipay+ for BNPL service

Akulaku, an Indonesia-based banking and digital finance platform, announced Tuesday the Akulaku PayLater partnership with Chinese cross-border digital payments firm Alipay+, which…