Singapore’s InterContinental Energy secures $115M funding from GIC and Hy24

InterContinental Energy, a Singapore-based company committed to delivering green hydrogen at scale, has raised $115 million in equity investment. The firm announced its next phase…

Antler India approaches final close of maiden $75M pre-seed fund

Early stage investment platform Antler in India has closed commitments of INR 500 crores ($60 million) and is approaching the final close of its maiden INR 600 crores ($75…

Inalife : Global digital legacy market set to reach $60.7B by 2032

Interest and demand for the global digital legacy industry saw a significant increase due to the impact of Covid-19, rising from $6.3 billion in 2017 to its current market size of…

China’s Ant Group expands Singapore presence and launches Ant International Foundation

Ant Group, an affiliate company of the Chinese conglomerate Alibaba Group, has on Thursday unveiled its new Singapore office as home to its various international business and…

Australian AI startup Neara closes $24M Series B funding from Prosus Ventures and others

Neara, an Australia-based infrastructure modeling platform, has closed $24 million Series B funding from Prosus Ventures and its existing investors, Skip Capital and Square Peg…

Thailand insurance firm Roojai completes DirectAsia acquisition

Roojai, a Thailand-based online insurance company, has on Wednesday announced that it has completed the acquisition of Singapore-based insurance firm DirectAsia group. Roojai has…

Tracxn : SEA tech startups witness lowest quarterly funding in five years

Southeast Asia (SEA) funding has seen a big drop of 74 percent in quarter-on-quarter in the third quarter, making it the lowest funded quarter in the last five years, said Tracxn…

The innovative technology behind near-fireproof electric vehicle batteries

The advanced technology in #electricvehicle #batteries, particularly the advances achieved in making them fire-resistant, is a crucial aspect of this revolution. This innovation…

Temasek-backed True Light raises $3.3B to invest in Greater China

Temasek-backed unit True Light Capital Pte. Ltd. (True Light) has on Thursday announced the final closing of its first flagship fund, True Light Fund I. The fund was closed at…

Indonesia bans e-commerce transactions on social media platforms such as TikTok – report

The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding that predatory pricing on social media platforms is…

AtoZero Asean 2023 to be held in KLCC, Malaysia from Oct 4-6

AtoZero, or “Accelerate To Net Zero”, is a new series of events bringing together key decision makers and changemakers to comprehensively explore pathways, policies and business…

Malaysian bourse commences carbon credits trading

Malaysian bourse Bursa Malaysia Berhad announced on Tuesday that its subsidiary Bursa Carbon Exchange (BCX) had commenced trading and facilitation of off-market transactions of…

Taiwan’s Foxconn invests in US-based AI firm Kneron’s $49M additional round

Kneron, the San Diego-based full-stack artificial intellingence (AI) company, has on Tuesday announced $49 mlllion in strategic funding from investors including Foxconn, HH-CTBC…

Philippine AUB expands Alipay+ cross-border digital payments to more than 5,000 merchant stores

Asia United Bank (AUB), a publicly listed universal bank in the Philippines, is enabling more local merchants to accept cross-border digital payments from Hong Kong SAR, South…