Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng
“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of…
Indonesia’s eFishery sets to be a unicorn as firm “in advanced talks” to raise $100M – report
If the deal goes through, the start-up is set to join Indonesia’s growing list of tech unicorns.
Singapore’s Temasek joins United States’ BlueMark $10M funding round
BlueMark, a United States-based provider of independent impact verification and intelligence for the impact and sustainable investing market, has announced that it had closed its…
Singaporean lab-grown exotic leather producer ProjectEx aims to raise $1M in pre-seed round
Singapore-based lab-grown exotic leather producer ProjectEx, said Wednesday it aims to raise $1 million for its pre-seed round to revolutionize the luxury market with sustainable…
ScaleUp Malaysia announces Cohort IV and investments in seven Companies
ScaleUp Malaysia has announced its Cohort IV and investments in seven innovative companies. The companies selected for Cohort IV are BeeBag, Docspe, Huddle, Petotum, Stayhere, and…
UOB partners Lazada for enhanced payments and financial services in Southeast Asia
Singaporean multinational banking group United Overseas Bank Limited (UOB) and international e-commerce company Lazada Group have entered a Memorandum of Understanding (MOU) to…
Gogoro partners Enel X to deploy 2,500 battery swapping stations in Taiwan
Taiwan-based battery swapping system provider Gogoro Inc. has partnered Italy-based energy services firm Enel X to deploy 2,500 Gogoro battery swapping stations across 1,000…
Volopay secures major payment institution license in Singapore
Singapore-based FinTech startup Volopay.Co Pte Ltd., has been granted an in-principle approval (IPA) for a major payment institution (MPI) license from the Monetary Authority of…
China’s Huawei featured in Singapore’s Best Employers List for 2023
Chinese multinational technology corporation Huawei announced its inaugural inclusion in Singapore’s Best Employers 2023 curated by The Straits Times and global market research…
City Energy partners Gentari for hydrogen import and cross-border EV charging networks
Singapore's gas utility provider City Energy and Petroliam Nasional Bhd (Petronas)'s clean energy solutions provider Gentari Sdn Bhd (Gentari), have signed two memoranda of…
Malaysia’s MDEC eyes $230M digital investments by 2025
The Malaysia Digital Economy Corp (MDEC), a Malaysian government agency tasked to lead the digital transformation in the country, is eyeing MYR1 billion ($230 million) worth of…
Australia’s Saluda Medical closes $150M equity financing led by Wellington Management
Saluda Medical Inc., an Australia-based global medical device company, has announced the closing of a $150 million equity financing round led by new investor Wellington…
Indonesia aims green energy transition with the development of Nusantara at Hannover Messe 2023
The Indonesia government has affirmed its commitment to green energy in building the new capital city, Nusantara, at the largest Industrial and technology exhibition, Hannover…
Singapore’s Mito Health raises $1.3M to build AI-powered preventative healthcare
Singapore-based healthtech startup Mito Health has raised SGD$1.7 million ($1.27 million) in an oversubscribed pre-seed funding round to develop an artificial intelligence…
