Latest news and trends about tech

Mastercard Music Pass NFT opens access to groundbreaking Web3 training program for emerging musical artists

United States-based payment firm Mastercard has released the Mastercard Music Pass non-fungible token (NFT), which unlocks access to exclusive content and experiences from the Mastercard Artist Accelerator, which kicks off this month.

Sustainable tech funding in SEA is growing 2.5 times faster than the global average, says Robocash

Starting from 2020, the average year on year increase in the number of Southeast Asian (SEA) sustainability tech companies is 15.23 percent, exceeding the world average of 10.95 percent by 4.3 percentage points, said analysts at Robocash Group on Thursday.

Indian early-stage venture fund pi Ventures raises $12M from SIDBI

Indian early-stage venture fund pi Ventures has received a commitment of INR 100 Crores ($12 million) or 15 percent of the corpus out of Fund of Funds for Startups (FFS) managed by Small Industries Development Bank of India (SIDBI).

VinES and Li-Cycle seal strategic, long-term battery recycling agreement

VinES Energy Solutions (VinES), Vingroup's mobility and energy storage applications advanced batteries subsidiary, and Li-Cycle Holdings Corp. (Li-Cycle), a lithium-ion battery recycler in North America, have on Wednesday announced that they have signed a definitive agreement for a long-term recycling relationship.

Vietnamese EdTech firm MindX raises $15M Series B funding led by Kaizenvest

Vietnamese technology education startup MindX has raised $15 million in a series B funding round to continue its mission of nurturing and empowering Vietnamese innovators to address global challenges through technology. The Series B round was led by education-focused private equity fund Kaizenvest.

Fit Hub secures $6.5M to expand tech-enabled fitness solutions in Indonesia

Indonesian fitness startup Fit Hub has successfully raised $6.5 million to expand tech-enabled fitness solutions in Indonesia. The funding will be used to expand its offline and online presence, offering free workout content and e-commerce for healthy foods, apparel, workout equipment, and supplements.

The Edgeof to acquire SoftBank Ventures Asia to establish Pan-Asian ecosystem for pioneering startups

The Edgeof, a newly formed ecosystem builder and venture capital entity in Singapore, announced Wednesday that it will acquire SoftBank Ventures Asia Corp (SBVA), a wholly-owned subsidiary of Japanese investment bank SoftBank Group Corp. (SBG), to establish a Pan-Asian ecosystem for pioneering startups.

Equinix partners Astra to develop the digital infrastructure in Indonesia

United States-listed infrastructure company Equinix. Inc and Indonesian conglomerate PT Astra International Tbk (Astra), have on Tuesday announced a joint venture to develop the digital infrastructure in Indonesia that multinationals and local businesses need to accelerate their digital transformation.

Singapore’s UXUY raises $3M to build the next-gen MPC-based decentralized trading platform

Singapore-based decentralized trading platform UXUY announced Wednesday that it has successfully raised $3.2 million in seed round funding from investors, including Bixin Ventures, WaterDrip Capital, KuCoin Ventures, Pionex, LK Ventures, Arcane Group, Daoverse Capital, Lapin Digital, etc.

Cainiao clinches Gold and Silver Stevie Awards in 2023 Asia-Pacific Stevie Awards for Innovation, Sustainability and CSR Efforts

Cainiao Network (Cainiao), the logistics arm of China-based technology firm Alibaba Group Holding Limited, was named the winners of the Gold Stevie® Award for Innovation in Transportation & Logistics, and the Silver Stevie® Award for Innovative Achievement in Corporate Social Responsibility (CSR) in the 10 th annual Asia-Pacific Stevie Awards last……