Latest news and trends about tech

Funding Societies launches green loans product, releases regional impact study

Funding Societies launched its green loans product at a time when environmental, social, and governance (ESG) investing and sustainable investing are gaining traction in the investing fraternity.

Grab to list in US by early December – report

Altimeter Growth Corp will hold the EGM on Nov 30 to seek shareholder approval for the merger.

Singapore solar energy firm SUN Energy raises $25M Series A funding, valuing the company at $200M

The funding round will enable SUN Energy to cement its leading market position in Indonesia and bolster growth in the region alongside blue-chip strategic partners that share a similar vision on energy transition.

Singapore digital asset platform StraitsX launches rupiah-denominated stable coin

StraitsX has launched the StraitsX Indonesian Rupiah (XIDR), its second stablecoin in Southeast Asia (SEA). Each XIDR token is fully-backed by one Indonesian Rupiah and will be supported by partners in the StraitsX ecosystem.

Vietnam fintech startup GIMO bags $1.9M in Seed+ round led by Integra Partners

GIMO has successfully raised $1.9 million in a Seed+ round led by Singapore’s Integra Partners. The round also saw participation from Resolution Ventures, Blauwpark Partners, and TNB Aura VN Scout. With the fresh funding, the company plans to allocate more resources for hiring senior engineers, strengthening risk management competencies, and integrating…

Singapore biotech startup RWDC Industries raises $95.1M in Series B2 funding co-led by Vickers Venture Partners and Temasek

RWDC Industries Limited announced the closing of a $95.1 million Series B2 funding round co-led by Singapore venture capital firm Vickers Venture Partners and Singapore state investor Temasek. The funding will support the group’s expansion and boost its production of biodegradable biopolymer material that will help the group speed adoption of sustainable…

ORIGIN Innovation Awards 2021: Announcing the Startup Finalists – AI, E-commerce, FinTech & RegTech

We are thrilled to announce the finalists of the Startup Finalists - AI, E-commerce, FinTech & RegTech for the second edition of the ORIGIN Innovation Awards.

Indonesia President Jokowi to launch VC fund backed by state-owned firms – report

State-owned companies will be directed to help with this new funding.

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes first private credit fund, lowers minimum from $5M to $20K

ADDX has enabled rare fractional access to a private credit fund with more than $1 billion in committed capital, reducing the fund’s minimum investment size for individual accredited investors from $5 million to $20,000.

From startup to scale-up: A closer look at Thailand’s Soonicorns [BEYOND Virtual Panel]

This BEYOND Virtual Panel held on November 12, 2021, shows a sharing of updates and ideas concerning the state and progress of soonicorns in view of the current condition of Thailand’s economy. Will Thailand see its second unicorn soon? Or do startups really have to strive to reach that $1 billion capitalization milestone?