Animoca Brands raises $20M for its Mocaverse project in funding round led by CMCC Global

The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby…

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Navigating wealth management: The emergence of new family offices in Singapore

The emergence of new #familyoffices in #Singapore signifies not only a wealth management opportunity but also a chance to make a positive impact on society. Singapore's appeal as…

Indonesia’s manufacturing platform Manuva raises $8M from Tin Men Capital & others

Tin Men Capital, a Singapore-based venture capital firm which focuses on Southeast Asian B2B tech startups has invested $3 million in the total $8 million financing raised by…

Regional InsurTech firm Igloo expands Thailand operations to support country’s $32B insurance industry

Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to…

Singapore Computer Society unveils 3rd edition of Singapore 100 Women in Tech (SG100WIT) List

The Singapore 100 Women in Tech (SG100WIT) 2023 is the third edition, and it received a total of 800 nominations – an increase of almost one-third from the 2021 edition,…

Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub

The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or…

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Insignia AI Notes #8: Autonomous AI Agents [Part 1]

What exactly are autonomous #AI agents? What are its implications for #LLM and AI capabilities? And what are the current limitations that need to be overcome in order to unlock…

This Korean startup aims to reduce truck accidents with its real-time truck tire profile direct sensing technology

According to Lee, BANF’s primary focal points encompass the US and China, both of which constitute the most sizable segments within the realm of ground logistics.

Malaysia’s Science & Technology Ministry looks into VCs’ suggestions to support tech startup ecosystem

Among the key areas discussed were potential tax incentives, flexible regulations, and creative financing models that could provide a robust framework for startups to thrive.

Temasek leads $140M India’s Ola Electric funding at $5.4B valuation – report

The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up…

Indonesia’s automotive aftermarket startup Otoklix reports 2x annual growth, targets to hit profitability in a year’s time

Otoklix is also gearing up to be a first-mover in Indonesia’s electric vehicle aftermarket, with a focus on outfitting and educating workshop teams to service electric…

Singapore’s Grab adds Web3 services to its super app – report

Users can now set up a web3 wallet, win blockchain-based rewards, pay with NFTs and more.

Tencent Cloud says international business posts strong growth

In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and…

HashKey Exchange & OneInfinity by OneDegree sign MoU to collaborate on digital wallet insurance & strengthen investor protection

This partnership aims to strengthen investor protection in the digital asset space while supporting the development of Hong Kong’s digital asset market with advanced tech-enabled…