Latest news and trends about tech

The NFT Boom: The popularity behind Non-Fungible Tokens [BEYOND Virtual Panel]

Data ownership, censorship, control--these are challenges that NFTs have the opportunity of solving, thus shifting away from a “feudal” model of gaming wherein the platform owns the content.

India home furniture startup Wakefit.co raises $27 M Series C led by SIG

The funding will bolster Wakefit.co's omnichannel expansion plans and will be deployed to boost its supply chain and logistics management, technological enhancement, and marketing spend. It also aims to hire people across all levels in the months to come.

Indonesia’s GoTo secures over $1.3B in first close of pre-IPO fundraising

The funds raised will allow GoTo to invest further in its ecosystem, strengthen its market-leading position in the region, and better serve customers, which includes continued focus on customer growth and engagement, expansion of its payments and financial services offering, and leveraging its integrated transport fleet and logistics network to enhance…

Singapore skyline SGX SPAC

Southeast Asia FinTech fundraising hits record high of $3.5B year to date – report

Following a dip in fundraising seen across ASEAN’s FinTech scene in 2020, funding has rebounded to reach a record high of $3.5 billion year to date, more than triple the amount seen over 2020, said an industry report. This funding was driven by 13 mega-rounds (classified as funding rounds of at least US$100 million), accounting for more than half of total…

Singapore’s Doctor Anywhere acquires Thailand’s largest telemedicine platform Doctor Raksa

The acquisition will also support Doctor Anywhere’s growth trajectory and enhance the group’s regional strategy of enabling borderless healthcare.

Malaysia’s Penjana Kapital partners Indonesia’s AC Ventures to pave way for Malaysian start-ups to access $1T Indonesian market

AC Ventures has partnered with Translink Capital and Vertex Force to invest in Dana Penjana Nasional’s Southeast Asia (SEA) Frontier Fund focused on funding promising Malaysian start-ups to, among others, expand into Indonesia and form partnerships within the regional technology ecosystem.

Thailand NFT platform GuildFi raises $6M seed financing from DeFiance, Capital and Hashed to create an interoperable Metaverse

GuildFi is developing a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players' benefits and enable interoperability across the metaverse.

Singapore food supply chain marketplace TreeDots secures $11M Series A Investment led by Amasia and East Ventures

TreeDots is looking to enhance its growing food logistics optimization platform and expand regionally with fresh funding. The company, which started its operations in Singapore, expanded into Malaysia last year and expects further regional expansion ahead. it also recently expanded to logistics optimization services to help enterprise customers build more…

Tokai Tokyo Financial partners Singapore’s ADDX to offer private market investment products in Japan

Tokai Tokyo Financial Holdings and ADDX has announced a new partnership to offer fractional private market investment products to investors in Japan, after Tokai Tokyo secured a security tokens license from the Japanese regulator.

Singapore air mobility startup Yugo Private Aviation raises $300K to improve its digital ecosystem

Yugo Private Aviation has successfully raised $300,000 in its pre-Seed round funding to further develop its mobile and online applications. The funding was raised from angel investors based in Texas (United States), Seoul (South Korea), Paris (France), and three Family Offices including Bellone Invest (Estonia), Negocia Capital (Singapore) and LCH…