Latest news and trends about tech
Malaysia’s Soft Space raises $31.5M Series B1 funding led by Southern Capital Group
Soft Space Sdn. Bhd., a Malaysia-based financial technology (Fintech) player, has on Thursday announced it has raised $31.5 million in its latest funding round. Southern Capital Group (SCG) Pte. Ltd, led the funding round.
Singapore’s agritech firm Archisen eyes expansion to cities in APAC & Middle East while expanding capacity at home market [Q&A]
In just a short span of six years, Archisen’s 7,000 sq ft farm has grown to account for the production of about 1 percent of leafy vegetables grown locally by producing up to 100 tonnes of vegetables a year.
Malaysia, China explore blockchain technology for PCO to facilitate Malaysia’s exports to China
Malaysia and China are exploring blockchain technology for preferential certificate of origin (PCO) to better facilitate Malaysia's exports to China.
Malaysian healthtech startup Qmed Asia raises $1.16M in equity crowdfunding for regional expansion
Malaysian health-tech startup Qmed Asia has successfully raised MYR5.1 million ($1.16 million) through an equity crowdfunding (ECF) campaign on Leet Capital for regional expansion.
Funding Societies partners Food Market Hub, Supply Bunny to launch financing program for F&B in Malaysia
Funding Societies, the Singapore-based small and medium enterprise (SME) digital financing platform, has partnered with Food Market Hub and Supply Bunny, two solution providers for food and beverage (F&B) supplies in Malaysia, to launch a new business-to-business (B2B) embedded financing program.
Calls to pause development of AI ‘more powerful than GPT-4’ won’t solve the challenges ahead, says Bill Gates
The technologist-turned-philanthropist also said in the Reuters' interview the details of any pause would be complicated to enforce.
Glints & MHV report finds increased demand for revenue-generating roles for SEA startups in 2023
Startups will look to invest in more revenue-generating roles such as sales, business development, and marketing and public relations (PR) in 2023 as companies refocus on the path to profitability, said a report on Tuesday.
Canada’s ChopValue raises $7.7M growth funding to scale its circular global Microfactory network
ChopValue, a Canada-based company that creates sustainable products from recycled materials, has on Tuesday closed a $7.7 million funding round to expand its decentralized Microfactory network.
India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group
Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).
Before jumping on the AI wave, remember these few things
In the face of new technologies, founders need to go back to the essentials of entrepreneurship and first ask themselves what pain points they can solve and in which industries. Only after they have taken these first two steps should they ask: “What role can the new tech play in this use case?”
