Latest news and trends about tech

Vietnamese robotic prosthetics firm Vulcan Augmetics raises seed funding from Quest Ventures

Vulcan Augmetics, a Vietnam-based robotic prosthetics firm, has on Monday announced that it has secured seed funding from Singapore-based venture capital firm Quest Ventures.

Budget 2024: Malaysia federal govt plans to adopt EVs as official vehicles

The government will also strengthen the venture capital environment through the centralization of venture capital agencies such as Penjana Kapital and MAVCAP under the sovereign wealth fund Khazanah Nasional Berhad.

a toy robot is sitting on a table next to a traffic light

Achieving differentiation and competitive advantages through AI

For businesses aiming to achieve AI-driven, enhanced operational competencies and competitive advantages, partnering with an IT and innovation services provider that offers an end-to-end #AI integration service is essential. Ideally, this service should encompass an AI opportunity assessment, solution validation, production, and model management. This…

Vietnam’s GSM expands to Lao electric vehicle ride-hailing service market

Vietnam’s Green and Smart Mobility JSC. (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi service under the brand Green SM. Green SM plans to introduce its electric taxi services in Laos by 2023, with 1,000 VF 5 Plus and VF e34 electric cars making up its fleet.

Malaysia’s Sime Darby Motors partners Gentari to drive green mobility and clean energy solutions

Malaysian automotive player Sime Darby Motors (SDM) has partnered with clean energy firm Gentari Sdn Bhd to accelerate the building of Electric Vehicle (EV) charging stations and infrastructure across Sime Darby Motors’ network as well as in other publicly accessible locations alongside other supplementary initiatives.

Infosys and Temasek extend digital services joint venture for five years

Infosys, a global firm in next-generation digital services and consulting, has on Thursday announced a five-year extension of its successful joint venture collaboration with Temasek, a global investment firm headquartered in Singapore. Infosys Compaz (iCompaz), the Infosys-Temasek joint venture (JV) company, has collaborated with large corporations in…

SoPa gets financing from Strattners to invest into subsidiaries to go public in 2024

Society Pass Inc. (SoPa), the Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, has announced an equity line of up to $40 million to invest into operating subsidiaries projected to go public in 2024.

TikTok’s compliance with Malaysian laws is still “unsatisfactory”, says Communications Minister

TikTok has recently come under scrutiny in Southeast Asia. Last week, Indonesia's government has halted transactions on its platform following a ban on e-commerce trade on social media.

Singapore’s Account Labs raises $7.7M to launch Google-login Web3 wallet

Account Labs, the Singapore-based Web3 wallet solution provider, has on Thursday announced it has raised $7.7 million from lead investors Amber Group, MixMarvel DAO Ventures, and Qiming Ventures, among other participants. The announcement comes alongside the launch of the firm’s first consumer-focused app, UniPass wallet, on Polygon.

Indonesia’s LUNA raises funds from TNB Aura and others for expansion

LUNA, an Indonesian embedded fintech and vertical software as a service (SaaS) platform for retailers and micro, small, and medium-sized enterprises (MSMEs), has on Thursday announced the completion of a round of financing led by TNB Aura through its TNBA Scout initiative.