Southeast Asia primed for investments to bridge sustainability opportunities, says Bain & Co, Temasek report

SEA needs to move from promises to action and bridging the gap between opportunities and results will be a key milestone. We remain bullish on the $1 trillion economic…

Thai Salary Hero raises $2.8M from Global Founders Capital, 500 TukTuks, M Venture Partners

Salary Hero, a Thai-based financial wellbeing platform, announced Wednesday it has raised $2.8 million in funding. Participation in the round included Global Founders Capital, M…

Singapore’s Omnistream closes $7M Series A investment led by SIG Venture Capital

Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said Tuesday it has raised $7 million in Series A funding led by SIG Venture Capital, the…

Indonesia’s Pintu raises $113M Series B from Intudo, Lightspeed, Northstar, Pantera

Pintu, an Indonesia-based crypto wallet and trading platform, announced Tuesday the closing of a $113 million Series B round of financing from Intudo Ventures, Lightspeed,…

Australia’s Swoop Aero closes $16M Series B round led by Main Sequence

Australian drone firm Swoop Aero said Tuesday it has completed a $16 million Series B venture capital raise, following over two years of continuous drone delivery of medical…

Gobi Partners publishes inaugural Sustainability Report

"It is especially poignant for Gobi to publish our first Sustainability Report during Pride Month and on World Environment Day, and we look forward to further advancing and…

SoftBank backs $100M funding of Australia corporate education content hub Go1

Go1, an Australia-based corporate education content hub for on-demand training and resources, announced Monday it has raised over $100 million in its latest funding round closed…

Indonesia’s J&T Express invests $136M for logistics center in Malaysia

JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in…

Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report

MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.

Tencent Cloud collaborates with Megazone Cloud, KMGA and Yeonsung University to empower cloud-based mobile game development talent in Korea

In line with its commitment to talent development in the gaming industry, Tencent Cloud – the cloud business of global technology company Tencent, announced on Monday its signing…

How the metaverse will drive convergence between online and offline worlds, an interview with VIZZIO’s Jon Li [Q&A]

The Internet today is essentially a digital overlay of the world, which is driven largely by 2D information, texts, voices, images, and videos. But that’s about to change. We now…

Singapore’s Temasek allocates $3.64B for decarbonization investment platform

Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to…

Vietnam’s Society Pass acquires Singapore blockchain/Web3 mobile virtual network operator Gorilla Networks

Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd…

Malaysian conglomerate Sunway to launch largest indoor vertical farm in KL city center

The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.