Israel’s MeMed raises $93M to accelerate commercialization of its host immune-response product portfolio
MeMed announced Monday a $93 million private financing round, bringing total funding in the company to over $200 million, including support from the U.S. Department of Defense and…
S P Setia’s Alex Chi discusses how process, structure, and culture are important in cultivating corporate innovation [ORIGIN Innovation Awards Q&A]
The key success factors of corporate innovation are -- Process, Structure, and Culture. First, process needs to be optimized. Second, enable a structure to facilitate agile…
AirAsia secures Malaysian regulator license for remote drone pilot training
AirAsia has secured its Certificate of Approval (COA) from the Civil Aviation Authority of Malaysia (CAAM), to conduct remote drone pilot training. With the approval, AirAsia has…
Malaysia unicorn Carsome raises $290M in Series E financing
Carsome Group announced the completion of its $290 million Series E round, increasing the company’s valuation to approximately $1.7 billion. The latest financing round was jointly…
Indian quick commerce player Dunzo raises $240M funding led by Reliance Retail
Dunzo has raised $240 million in its latest round of funding led by Reliance Retail Ventures Limited. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also…
Singapore’s online classifieds platform Carousell in $1.5B SPAC deal talks with L Catterton – report
A transaction could value the combined entity at as much as $1.5 billion.
Indonesian logistics firm J&T Express officially launches its express network in the UAE and Saudi Arabia
J&T Express has official launhced its express network in the United Arab Emirates (UAE) and Saudi Arabia. The two countries are the first markets to be covered by the firm in…
Malaysia-based Carsome raises $300M from Temasek-backed funds, QIA – report
Carsome, Malaysia's first tech unicorn, is said to be planning for an initial public offering in the US later this year.
Indonesian cloud-based POS Olsera raises $2.5M from Kejora-SBI Orbit
Olsera has raised $2.5 million in seed round funding from Kejora-SBI Orbit. With this fresh capital, Olsera seeks to strengthen its technological infrastructure, recruit more…
Zoomcar launches first ever car sharing marketplace in Philippines, allowing Filipino private car owners to monetize their vehicles
Zoomcar has launched Zoomcar Host - the Philippines’ first ever car sharing marketplace, allowing vehicle owners to generate income by sharing their car on the Zoomcar platform.…
CT Corp, Salim, Bukalapak, Grab, Carro and Growtheum Capital Partners to buy into Indonesia’s Allo Bank right issue
Indonesian conglomerates CT Corp, Salim Group, e-commerce marketplace Bukalapak, ride-hailling firm Grab, used car marketplace Carro, and private equity firm Growtheum Capital…
What is the metaverse, and why does it matter?
An ‘Open Metaverse’ protects each individual’s data on the blockchain from unpaid exploitation. By delivering real value through property rights, earning capability, and…
Sygnum raises $90M Series B funding to accelerate expansion of Web 3.0 offerings and into new global markets
Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors,…
Hong Kong gaming platform the Sandbox announces multiple partnerships to create Mega City in the metaverse
The Sandbox has added multiple Hong Kong partners from the film, music, entertainment, acting, professional services, finance, real estate, and gaming sectors to create Mega City,…
