Society Pass to spin out TMG, Nusatrip into new publicly-traded companies via Nasdaq IPOs in 2024
Society Pass Inc. (SoPa), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, plans to spin out two profitable business units…
WORQ raises pre-series B funding at an up-round on the back of profitability
WORQ, a Malaysia-based coworking and flexible space provider, has successfully completed its latest fundraising round, backed by 14 follow-on investors. The global asset…
Nearly 7 in 10 SMEs in Southeast Asia rely on startup capital from savings, family and friends: SME Industry Report
In Southeast Asia, about 70 percent of small and medium enterprises (SMEs) started their business with seed money raised from their personal savings and from family and friends’…
Web3 industry leaders in Hong Kong back new regulatory task force following JPEX incident
"We represent various organizations committed to developing #HongKong’s #Web3 ecosystem, and we have taken notice of the situation at #JPEX. We strongly believe that the…
Rapyd Survey unveils nearly 50 percent of Singapore businesses express need for innovative fintech solutions
Nearly one in two businesses in Singapore expressed a strong need for innovative fintech solutions to tackle business concerns, according to a recent study on business to business…
ALIAVIA Ventures back female founders with $8.7M fund
ALIAVIA Ventures, the California-based venture capital firm investing exclusively in female tech founded startups across Australia and the United States, has on Tuesday announced…
Gobi Partners invests in Malaysian reseller digital ecosystem Ejen2u
Asia-focused venture capital firm Gobi Partners has become the lead investor in Malaysian reseller digital ecosystem Ejen2u's Pre-Series A funding round, alongside Artem Ventures.…
South Korea’s KakaoBank acquires 10 percent stake in Indonesia’s Superbank
South Korean digital bank KakaoBank and Indonesian lender Superbank have announced a strategic partnership to drive digital banking innovation in Indonesia. In this strategic…
Report: Southeast Asia consumer confidence on track for rebound as value-seekers embrace new “needs”
Southeast Asia consumer confidence on track for rebound as value-seekers embrace new “needs”, according to a report launched by Meta, Bain & Company, DSG Consumer Partners on…
X-PITCH 2023 Announces Global TOP100 Startups: Accelerating Deeptech
X-PITCH is delighted to introduce 2023 TOP100 startups. Chosen from a pool of over 3,000 startups around the world, this year's selection showcases a diverse and vibrant ecosystem…
Singapore’s Circular closes $7.6M in seed funding led by AirTree Ventures
Circular, a Y Combinator-backed Singaporean subscription service focused on high end consumer electronics, has closed its seed funding round of $7.6 million. Led by AirTree…
PATRIZIA and Mitsui commit $45M to Australian renewables firm YES Group
Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery…
AI in clinical trials: A game-changer with automation and machine learning
The integration of #AI into clinical trials represents a seismic shift in healthcare innovation. AI's boundless potential spans from precision in patient selection to #data…
Malaysia launches new funds to drive automation, digitalization, and sustainable ESG practices
The Malaysian Investment Development Authority (MIDA) has on Monday announced the launch of new funding facilitation initiatives aimed at catalyzing Malaysia’s industrial growth…
