Singapore logistics firm Haulio secures $7M investment led by Temasek’s Heliconia Capital

Haulio has raised $7 million in a Series A funding round led by Temasek unit Heliconia Capital. The round also saw participation from new and existing investors across the globe.…

US and Taiwan-based Viewabo raises $1.77M in seed round led by Hive Ventures

Viewabo has raised $1.77 million in an oversubscribed seed funding round led by Hive Ventures. The round also saw participation from 500 Global, Draper Associates and other…

Indian electric commercial vehicle startup EVage raises $28M seed round led by RedBlue Capital

EVage has raised $28 million seed round led by US-based venture capital firm RedBlue Capital. This is among the largest seed rounds for any Indian start-up and will allow EVage to…

AirAsia aims to become Asia’s largest food delivery, ride hailing company – report

AirAsia has been aggressively building its digital businesses and its Asean Super App over the last two years as most of its planes were grounded due to the ongoing COVID-19…

Sweden blockchain startup ChromaWay raises $10M funding led by True Global Ventures

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested $5 million into ChromaWay, leading the $10 million latest fundraising round.

Taiwan sustainable fashion community-based marketplace PopChill raises $2.2M Pre-Series A funding led by AppWorks

PopChill announced Monday the completion of a $2.2 million Pre-Series A round of financing. The round was led by AppWorks, with participation from CTBC Venture Capital, B Current…

FTAG Ventures leads $4.5M round for Singapore livestreaming solutions provider BeLive Technology

FTAG Ventures has spearheaded a S$6 million ($4.45 million) bridge funding round for BeLive Technology, a Singapore-based livestreaming solutions firm aiming to expand its…

Singapore’s Sesto Robotics bags $5.7M from WTI Germany, TRIVE and SEEDS Capital

Sesto Robotics has raised $5.7 million funding from institutional investors TRIVE, German-based World Trading Inovation WTI GmbH and SEEDS Capital. It will be utilizing the funds…

[Updated] Malaysia’s AirAsia classified as financially distressed company

AirAsia triggered the financial distress criteria, known as PN17 back in July 2020. This came after its external auditor flagged significant uncertainties that cast doubt on its…

AI enables businesses to understand and optimize for customers’ needs in realtime [ORIGIN Innovation Awards Q&A]

Asia Pacific region businesses are very consumer-focused. AI is a perfect technology to help businesses understand consumers better, and also for consumers to receive better,…

UK-based Global Processing Services upsizes funding round, with participation of Temasek & MissionOG

Global Processing Services (GPS) has upsized funding round by approximately $100 million with participation of Temasek and MissionOG. This brings the total amount raised in its…

Indonesian wealthtech startup Pluang secures $55M funding led by Accel

Pluang has raised $55 million in a funding round led by Accel, with participation from Openspace. It plans to use the additional funding to further build out its technology…

Validus, TTC Group and Do Ventures form joint venture to expand access to credit for SMEs in Vietnam

Validus Vietnam, the Vietnam entity of Singapore-based small and medium enterprises (SME) growth financing platform Validus, TTC Group, a multi-industry conglomerate in Vietnam…

Japan’s JCB injects $5M in Malaysian fintech firm Soft Space in strategic partnership

Soft Space Sdn Bhd announced a new strategic partnership with Japanese international payment brand, JCB Co. Ltd. This strategic partnership is the first of its kind in Malaysia…