Latest news and trends about tech

Rapyd Survey unveils nearly 50 percent of Singapore businesses express need for innovative fintech solutions

Nearly one in two businesses in Singapore expressed a strong need for innovative fintech solutions to tackle business concerns, according to a recent study on business to business (B2B) cross-border payments published by global fintech leader Rapyd on Tuesday.

ALIAVIA Ventures back female founders with $8.7M fund

ALIAVIA Ventures, the California-based venture capital firm investing exclusively in female tech founded startups across Australia and the United States, has on Tuesday announced the close of its first fund, raising AUD 13.5 million ($8.7 million).

Gobi Partners invests in Malaysian reseller digital ecosystem Ejen2u

Asia-focused venture capital firm Gobi Partners has become the lead investor in Malaysian reseller digital ecosystem Ejen2u's Pre-Series A funding round, alongside Artem Ventures. This investment was made possible through the Khazanah Nasional Bhd (Khazanah)-backed Gobi Dana Impak Ventures (GDIV) fund.

South Korea’s KakaoBank acquires 10 percent stake in Indonesia’s Superbank

South Korean digital bank KakaoBank and Indonesian lender Superbank have announced a strategic partnership to drive digital banking innovation in Indonesia. In this strategic partnership, KakaoBank will acquire a 10 percent stake in Superbank through the issuance of new shares.

Report: Southeast Asia consumer confidence on track for rebound as value-seekers embrace new “needs”

Southeast Asia consumer confidence on track for rebound as value-seekers embrace new “needs”, according to a report launched by Meta, Bain & Company, DSG Consumer Partners on Tuesday.

X-PITCH 2023 Announces Global TOP100 Startups: Accelerating Deeptech

X-PITCH is delighted to introduce 2023 TOP100 startups. Chosen from a pool of over 3,000 startups around the world, this year's selection showcases a diverse and vibrant ecosystem of entrepreneurial talent. X-PITCH 2023 is driven by a shared commitment to accelerate deeptech innovation across four vital domains: Healthcare, Advanced Manufacturing,…

Singapore’s Circular closes $7.6M in seed funding led by AirTree Ventures

Circular, a Y Combinator-backed Singaporean subscription service focused on high end consumer electronics, has closed its seed funding round of $7.6 million. Led by AirTree Ventures, the funding round also saw participation from investors at YC Continuity Fund, Global Founders Capital, Partech Ventures and January Capital.

PATRIZIA and Mitsui commit $45M to Australian renewables firm YES Group

Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery development program in Australia through the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).

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AI in clinical trials: A game-changer with automation and machine learning

The integration of #AI into clinical trials represents a seismic shift in healthcare innovation. AI's boundless potential spans from precision in patient selection to #data management, protocol optimization, patient engagement, and regulatory compliance.

Malaysia launches new funds to drive automation, digitalization, and sustainable ESG practices

The Malaysian Investment Development Authority (MIDA) has on Monday announced the launch of new funding facilitation initiatives aimed at catalyzing Malaysia’s industrial growth and fostering economic development. These initiatives include the Domestic Investment Accelerator Fund (DIAF), the MADANI Smart Automation Grant (SAG MADANI) and the Foreign…