Vertex-backed Finland EV charging platform Virta raises $93M for APAC expansion

Finland-based electric vehicle (EV) charging platforms Virta Ltd, a portfolio company of Singapore based Venture Capital firm Vertex Holdings, has secured new €85 million ($93.33…

Bridging global and local markets: A conversation with Monnai Co-Founder Pierre Demarche [Q&A]

In this TechNode Global Q&A, Pierre Demarche, Co-Founder of Monnai, discusses the challenges faced by players in the FinTech industry and the company's recent fundraising…

The era of scams: How businesses in Singapore can prepare for and prevent attacks

Ultimately, the solution to fraud prevention lies in the balance of a business’s employees, processes, and technology efforts.

South Korea to invest $748M in fund of funds this year to boost the country’s venture capital sector

The Ministry of Small and Medium-sized enterprises (SMEs) and Startups (MSS) in South Korea said it will invest around KRW 1 trillion ($748.43 million) in a fund of funds this…

ZEBOX launches 5th hub in Singapore to drive sustainable innovation in the Asia Pacific

ZEBOX, a global accelerator gathering a network of entrepreneurs, industry leaders and ecosystem experts, has on Tuesday announced the launch of its Asia Pacific hub in Singapore.…

India’s Lokal raises $14.6M Series B funding for new product launch

Lokal, India's hyperlocal content, community, and classified platform, announced Tuesday it has raised INR 120 Crore ($14.6 million) in Series B funding. The funding came from new…

Robocash : FinTech development has a positive effect on people’s overall happiness

Robocash Group sees FinTech development has a positive effect on people's overall happiness, due to strong correlation of 0.74 between happiness and fintech indices.

Japan’s Luup raises $33.55M new funding led by Spiral Capital

Japanese micromobility company Luup, Inc. has raised a total of approximately 4.5 billion yen ($33.55 million), bringing its total capital raised to date to approximately 9.1…

IFC establishes a presence in Malaysia to support green, resilient and inclusive growth

IFC, a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has established a presence in Malaysia to…

Singapore’s Cosmose valued at $500M after latest strategic Investment from NEAR Foundation

Cosmose AI (Cosmose), a Singapore-based platform that predicts and influences how people shop offline, has on Monday announced the strategic investment from NEAR Foundation, a…

Cainiao Ranks Top 10 in Hurun Report’s Global Unicorn Index 2023

Cainiao emerged as the 10 th best performing unicorn in the world with an estimated valuation of $27 billion, an $8 billion increase from the company’s pre-pandemic valuation.

Singapore’s emerging tech startup landscape maintains steady momentum amid challenging early-stage fundraising environment, report shows

Singapore’s emerging tech startup pipeline appears to be maturing to reach a ‘steady state’ with approximately 60 startups incorporated annually, but early-stage startups looking…

AngelHack launches hacksingapore to support Singapore’s skills and innovation

AngelHack, an United States-based firm that primarily organizes and hosts hackathons for other companies, has on Monday announced the launch of hacksingapore, the nation’s annual…

Thailand’s Banpu NEXT invests in Singaporean battery-as-a-service provider Oyika

Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap…