Latest news and trends about tech

City Energy and Gentari to study feasibility of building hydrogen pipeline from Malaysia to Singapore

City Energy and Gentari have signed a joint feasibility study agreement to construct a pipeline from Malaysia to Singapore for the import of hydrogen into the Republic. The study will be conducted over a period of 12 months.

Databricks acquires real-time enterprise data replication technology provider Arcion for $100M

Databricks, the United States-based data and artificial intelligence (AI) company, has on Tuesday announced it has agreed to acquire Arcion, a Databricks Ventures portfolio company that helps enterprises quickly and reliably replicate data across on-prem, cloud databases and data platforms, for $100 million.

Australia’s Employment Hero raises $168M Series F funding for global expansion

Employment Hero, an Australia-based employment management platforms, has on Monday announced a Series F growth round of SGD 229 million ($168 million) to fuel its rapid global expansion. The funding follows the company’s 2022 Series E and takes the total amount of capital it has raised to over SGD 572 million ($419 million).

India’s Giga ML secures $3.6M in seed funding led by Nexus Venture Partners

Giga AI, Inc, an India-based company that provides large language models (LLMs), has raised $3.6 million in seed funding to further its goal of helping businesses safely implement on-premises deployments of large language models. Nexus Venture Partners led the investment round, with participation from Y Combinator, Liquid 2 Venture, and Y Combinator Chief…

Qiscus secures $2M from Init6 for Southeast Asian markets expansion

Qiscus, a technology company providing an omnichannelcustomer engagement platform, has secured $2 million from Init6, an investment company founded by Achmad Zaky, who is also Co-Founder of Indonesian e-commerce giant, Bukalapak. This investment will be strategically used to strengthen Qiscus’ expansion into the Southeast Asian market in upcoming 2024.

Singapore’s Inteluck raises $34M in Series C funding led by Navegar

Inteluck, a Singapore-based technology-driven supply chain solution provider, has announce the successful completion of its Series C funding round, securing $34 million in investment. The round was led by Philippines-focused private equity firm Navegar and joined by existing investor East Ventures, a venture capital firm in Southeast Asia.

Indonesian biotechnology startup Moosa Genetics raises new funding led by East Ventures

Moosa Genetics, an animal genomics and biotechnology startup based in Indonesia, has on Monday announced that the company raised funding led by East Ventures, a venture capital firm focusing on Southeast Asia. The funding also saw the participation from angel investors.

Singapore’s Charge+ raises Series A funding to accelerate its expansion plans into Southeast Asia

Charge+, a Singapore-based electric vehicle (EV) charging operator, has secured an undisclosed Series A funding round led by TRIVE Venture Capital to accelerate the expansion of its EV charging infrastructure in Singapore and throughout Southeast Asia.

JC3 announces initiatives to support inclusive transition to greener economy in Malaysia

The Joint Committee on Climate Change (JC3), a platform established by public and private sectors to boost climate resilience within the Malaysian financial sector, has announced five key initiatives to expedite the transition of businesses and farmers towards low-carbon practices.

Singapore’s Protos Labs raises $2.2M in oversubscribed Seed round

Protos Labs, a Singapore-based cyber risk management company, has on Monday announced a successful seed round funding of SGD $3 million ($2.19 million). The seed round saw participation from several prominent investors, reflecting the growing importance of holistic risk prevention and transference solutions.