Singapore’s ecoSPIRITS closes $10M Series A fundraise led by Closed Loop Partners

Singapore-based circular economy technology company ecoSPIRITS has raised $10 million in an oversubscribed Series A funding round, led by New York-based circular economy…

Hong Kong’s ESR expands into Thailand, investing $235M to develop two logistics and industrial parks

Hong Kong-based real asset manager powered by the new economy ESR Group Limited, together with its subsidiaries, has on Wednesday announced its expansion into Thailand, with the…

Malaysian government launches MYStartup NXT to create sustainable startup ecosystem

Ministry of Science, Technology and Innovation (MOSTI) in Malaysia, through Cradle Fund Sdn. Bhd. (Cradle), has on Tuesday launched a series of micro- conferences, MYStartup NXT,…

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Are biometrics truly the key to securing Malaysia’s banking sector?

One can’t help to wonder — what’s the next course of action for banks? Is biometric technology truly mature enough to be the silver bullet that provides airtight security and…

Japan’s Genesia Ventures raises $110M in final close of the third fund

Japanese venture capital firm Genesia Ventures said Wednesday it has raised $110 million in final close of the third fund. Organizations including Canal Ventures, Cygames, DBJ…

Tenity launches XRPL Accelerator in Singapore for early-stage startups building on the XRP Ledger

Switzerland-based venture capital firm Tenity has on Tuesday announced that it has become the first program partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the…

Indonesia’s Ruangguru acquires Vietnamese live teaching platform Mclass to expand market reach

Ruangguru, an Indonesia-based education technology company, has completed the acquisition of Mclass, an online learning platform in Vietnam that offers live teaching solutions to…

Mastercard launches new data and services hub in Malaysia to serve the Asia Pacific region

Global payment firm Mastercard has on Tuesday opened its new office and launch of its data and services (D&S) hub in Kuala Lumpur, which will serve clients across the Asia…

Animoca Brands partners stc play to distribute games on stc play gaming platform

Animoca Brands, the Hong Kong-based company gaming firm, has partnered with stc play, a Saudi Arabia's gaming platform, to collaborate on publishing video games in Middle East and…

Singapore’s SquareX raises $6M in seed round led by Sequoia Capital Southeast Asia

SquareX, a Singapore-based cybersecurity startup, announced Wednesday it has raised $6 million in a seed round led by Sequoia Capital Southeast Asia. SquareX will use the funds…

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The cost of inaction: Why cybersecurity could make or break your business

It is often said that a chain is only as strong as its weakest link. For all the effort and passion that goes into building a business, leaders cannot afford to overlook laying…

Singapore TV content rights startup Allrites to go public in US after merging with Aura Spac

Allrites Holdings Pte. Ltd., a Singapore-based film and television content rights marketplace, is expected to be listed on the Nasdaq Global Market after merging with United…

Stripe teams up WhatsApp for in-chat payments in Singapore

Stripe, a United States-based financial infrastructure platform for businesses, has on Monday announced a partnership with messaging service WhatsApp, that allows Singapore…

Japan’s SMBC launches $200M fund to invest in Asian FinTech startups

Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” (CVC) with Tokyo-based venture capital firm…