Latest news and trends about tech

Singapore deep-tech firm Quantified Energy Labs secures $1.5M angel funding

Singapore deep-tech firm Quantified Energy Labs Pte. Ltd. (QE-Labs) announced Wednesday that the company has secured $1.5 million angel round funding from investor Liu Xiaosong, for accelerating its commercialization of the company’s proprietary autonomous drone electroluminescence (EL) mapping technology.

Singapore’s MiyaHealth raises additional pre-series A funding for global expansion

MiyaHealth, a Singapore-based HealthTech start-up, has raised an undisclosed sum in additional funding from leading healthcare and technology investors including HealthXCapital, Central Capital Ventura, and SEEDS Capital. The fresh funds will be used to accelerate the company’s product development, hiring, and expansion plans.

Techsauce launches Thailand Accelerator to enhance competitive edge for Thai startups in the region

Techsauce has partnered with PeerPower, a crowdfunding bond platform to encourage further fundraising activities among Thai startups to increase the competitive edge for Thai businesses in the region.

NTU Singapore, Algorand to launch blockchain education and research center in Singapore

Nanyang Technological University, Singapore (NTU) has been selected by Algorand Foundation, the world’s most green and secure blockchain ecosystem, to host a new research and education centre aimed at developing and advancing blockchain technologies.

Sea Limited net loss widens in second quarter

Singapore-based consumer internet firm Sea Limited said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.

Singapore’s TotallyAwesome raises $10M seed round from Partners For Growth and Yefira Group

TotallyAwesome, a Singapore-based digital advertising network for kids, teens, and families, announced Tuesday it has raised $10 million (debt and equity combined) seed funding from leading San Francisco based Partners For Growth (PFG) and Singapore based boutique investment growth advisory firm Yefira Group specialising in adtech investment consulting.

US-based Eat Just secures $25M investment from Alibaba-backed C2 Capital

Eat Just, Inc., a United States-based food technology firm, announced Tuesday a $25 million investment and strategic partnership with Alibaba Group-backed private equity firm C2 Capital Partners (C2). The deal is C2’s first investment and partnership in the alternative protein sector and the relationship is currently supporting Eat Just’s go-to-market…

Gobi Partners appoints Gui Ee Leen as Human Resources Partner

Pan-Asian venture capital firm Gobi Partners announced Wednesday it has appointed Gui Ee Leen as its Human Resources Partner.In this newly created role, Ee Leen alongside Gobi’s Asean Human Resources (HR) team will be responsible for the company’s HR strategy including recruitment and employee retention programmes with a focus on gender diversity and…

The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific

The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.

Malaysia’s MAVCAP announces new COO and CIO

Malaysia Venture Capital Management Berhad (MAVCAP) on Monday announced the appointment of Noor Amy Ismail as Chief Operating Officer (COO) and Paramjit Singh Gill as Chief Investment Officer (CIO), effective August 1.