Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures
SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw…
Malaysia’s StoreHub raises $13.5M pre-Series B round led by 500 Global
StoreHub, a Malaysia-based platform that enables restaurants and retailers to automate and grow their business, said Wednesday it has raised $13.5 million in a pre-Series B…
Islamic finance sector sees growth opportunities in crypto and metaverse, says IslamicMarkets.com
New research with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. IslamicMarkets.com study found…
Singapore’s #dltledgers raises $6M Series B investment, crossing $70M valuation mark
Singaporean blockchain based multi enterprise supply-chain business network (MESCBN) platform #dltledgers, announced Wednesday that it has raised $8.5 million from its lead…
Malaysia’s respond.io raises $7M funding led by Headline Asia
Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline Asia…
Singapore’s Cargobase closes growth financing round from Lufthansa Innovation Hub and Trestle Partners
Cargobase, a Singapore-based logistics software firm, said Tuesday it has raised funds from Lufthansa Innovation Hub and Trestle Partners, reinforcing their joint commitment to…
UOB Malaysia partners SJPP to provide $219M in green financing to SMEs
In addition to providing financing, UOB Malaysia will also be collaborating with the Malaysian Research Accelerator for Technology and Innovation (MRANTI) to establish an ESG…
Singapore’s Tower Capital Asia collects $379M in maiden fundraise
Singapore-based private equity firm Tower Capital Asia has on Tuesday concluded the final closing of its maiden blind-pool private equity vehicle, TOWER CAPITAL PE FUND I, LP. A…
Allianz Malaysia joins Gobi Partners’ Malaysia-focused SuperSeed II Fund
Pan-Asian venture capital (VC) firm Gobi Partners announced Tuesday the closing of its $10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz…
Carro expands to Japan through partnership with Softbank
Singapore-based used car marketplace Carro on Tuesday announced its expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). As part of its entry, CARRO…
China’s Weixin Pay offers digital payment to nearly 10,000 hawkers in Singapore
Weixin Pay, the mobile payment function of Tencent's popular social platform Weixin, has increased access for Weixin Pay travellers exploring Singapore to the nation’s unique…
Sequoia India and Southeast Asia’s Surge back US’s TrueFoundry $2.3M seed funding
TrueFoundry, a United States-based machine learning (ML) developer platform, announced Tuesday its $2.3 million seed funding led by Sequoia India and Southeast Asia’s Surge. Other…
Vietnam’s homegrown carmaker VinFast’s in high gear to win US & European EV markets
VinFast, on the other hand, is taking a different approach. It is building a global EV brand. Besides its manufacturing complex in Hai Phong, Vietnam, VinFast will build a plant…
The cost-benefit analysis of database backup strategies
In Southeast Asia, data protection as a business culture is still gaining awareness, and with remote working becoming more common, greater urgency and action are needed. Data…
