Latest news and trends about tech

Singapore’s True Global Ventures invests $1.25M in walletless NFT platform Forza Ikonia

Forza Ikonia has previously pioneered the concept of Emotion NFTs to illustrate the emotional experiences of athletes during important moments. The first release was by tennis legend Björn Borg and Ikonia has upcoming drops with several top-tier sports stars. Other near future projects include esports teams and influencers. The goal is to become the Y…

BEYOND Virtual kicks off on November 9th with ‘What’s Next?’ from global industry leaders & investors

The BEYOND Virtual Opening presents world-class entrepreneurs, scientists, global investors, and tech experts to share with us the trends of technology, investments, and the impact of each industry in shaping the world we live in today and the future.

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Singapore’s SingHealth and SGInnovate announce three-year partnership to advance healthcare AI

Singapore Health Services (SingHealth) and the country’s deep tech investor Singapore Innovate (SGInnovate) has announced a three-year partnership to build and scale up health science innovations today, with Artificial Intelligence (AI) in healthcare as the first area of focus.

Indonesia’s Alpha JWC Ventures closes $433M Fund III, the largest early-stage fund in Southeast Asia

Alpha JWC Ventures has closed an oversubscribed third fund, at $433 million, securing its place as Southeast Asia’s largest VC fund targeting early-stage companies. The fund saw strategic investment from global and regional Limited Partners and investors, including World Bank’s International Finance Corporation and Morgan Stanley Alternative Investment…

Malaysia’s gig employment portal MakeTimePay secures “significant” funding from entrepreneur Simon Landsheer

MakeTimePay has secured an undisclosed funding from Dutch serial-entrepreneur and early stage start-up investor Simon Landsheer. The new funding will be used to grow the company's team, expand its platform capabilities and make investments in customer acquisition.

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Airwallex secures payment license in Singapore, set to launch payment services in Singapore next year

Airwallex, a global fintech platform, announced Monday that its Singapore entity Airwallex (Singapore) Pte Ltd, has been granted a Major Payment Institution License by the Monetary Authority of Singapore (MAS) under the Payment Services Act.

Mastercard partners with Asian digital currency firms to launch first Crypto-linked payment cards in Asia Pacific

Mastercard has partnered with three Asia Pacific (APAC) cryptocurrency service providers Amber Group (Hong Kong), Bitkub (Thailand) and CoinJar (Australia) to launch crypto-funded Mastercard payment cards. Consumers and businesses in the APAC region will be able to apply for crypto-linked Mastercard credit, debit or pre-paid cards that will enable them to…

Singapore’s PE fund ABC World Asia exits solar energy firm Sunseap Group with EDP Renewables deal

ABC World Asia (ABC World), the Singapore-based Asia-focused private equity impact fund, is set to make its first exit as part of a transaction between shareholders of portfolio company Sunseap Group and global renewables energy producer EDP Renewables (EDPR).

Indonesia’s Eden Farm closes $19M Series A financing from AppWorks and AC Ventures to scale-up its food ecosystem

By the end of 2022, Eden Farm plans to expand to 25 cities and 8 regencies, supplying more than 100,000 customers with 100 percent fulfillment rate of more than 1,000 stock keeping units (SKUs), to finance and generate demand.

Aqua-Spark invests in sustainable aquaculture that generates returns while creating positive social & environmental impact [Podcast Q&A]

Aqua-Spark is a global investment fund (Utrecht, the Netherlands) that makes investments in sustainable aquaculture businesses that generate investment returns while creating positive social and environmental impact. The fund invests in enterprises that are working towards the production of safe, accessible aquatic life, such as fish, shellfish, and plants,…