Vietnamese robotic prosthetics firm Vulcan Augmetics raises seed funding from Quest Ventures

Vulcan Augmetics, a Vietnam-based robotic prosthetics firm, has on Monday announced that it has secured seed funding from Singapore-based venture capital firm Quest Ventures.

Budget 2024: Malaysia federal govt plans to adopt EVs as official vehicles

The government will also strengthen the venture capital environment through the centralization of venture capital agencies such as Penjana Kapital and MAVCAP under the sovereign…

a toy robot is sitting on a table next to a traffic light

Achieving differentiation and competitive advantages through AI

For businesses aiming to achieve AI-driven, enhanced operational competencies and competitive advantages, partnering with an IT and innovation services provider that offers an…

Vietnam’s GSM expands to Lao electric vehicle ride-hailing service market

Vietnam’s Green and Smart Mobility JSC. (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi service under the brand Green…

Malaysia’s Sime Darby Motors partners Gentari to drive green mobility and clean energy solutions

Malaysian automotive player Sime Darby Motors (SDM) has partnered with clean energy firm Gentari Sdn Bhd to accelerate the building of Electric Vehicle (EV) charging stations and…

Infosys and Temasek extend digital services joint venture for five years

Infosys, a global firm in next-generation digital services and consulting, has on Thursday announced a five-year extension of its successful joint venture collaboration with…

SoPa gets financing from Strattners to invest into subsidiaries to go public in 2024

Society Pass Inc. (SoPa), the Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, has announced an equity line of up to $40 million to…

TikTok’s compliance with Malaysian laws is still “unsatisfactory”, says Communications Minister

TikTok has recently come under scrutiny in Southeast Asia. Last week, Indonesia's government has halted transactions on its platform following a ban on e-commerce trade on social…

Singapore’s Account Labs raises $7.7M to launch Google-login Web3 wallet

Account Labs, the Singapore-based Web3 wallet solution provider, has on Thursday announced it has raised $7.7 million from lead investors Amber Group, MixMarvel DAO Ventures, and…

Indonesia’s LUNA raises funds from TNB Aura and others for expansion

LUNA, an Indonesian embedded fintech and vertical software as a service (SaaS) platform for retailers and micro, small, and medium-sized enterprises (MSMEs), has on Thursday…

Japan’s embedded flash memory developer Floadia raises $7M from INABATA and others

Japan-based embedded flash memory developer Floadia Corporation has raised approximately JPY 1.05 billion ($7.04 million) in Series D round. As a first closing, Inabata &…

Singaporean health deep tech startup Mesh Bio secures investment from East Ventures

Mesh Bio, a Singapore-based health deep tech startup, announced Thursday that it had raised an undisclosed amount of funding from East Ventures, a venture capital firm focusing on…

Petronas Twin Towers in Kuala Lumpur, Malaysia

BMI sees Petronas’ private 5G deployment adds momentum to Malaysian digital transformation

BMI Industry Research said Thursday that Malaysian energy group Petronas' Private 5G deployment will add momentum to Malaysiandigital transformation. It opined that private 5G…

Malaysia’s DRB-Hicom and China’s Geely set framework for development of Automotive Hi-Tech Valley

Malaysian conglomerate DRB-Hicom has inked master collaboration agreement (MCA) with Chinese automkaer Zhejiang Geely Holdings Group for the development of the Automotive…