Latest news and trends about tech
Israel AI mobility firm Autobrains raises $101M Series C funding led by Temasek
With this latest round of funding, Autobrains is able to grow its commercial reach and bring self-learning AI to additional markets.
Singapore logistics firm uParcel raises $1.5M in pre-Series A funding to accelerate regional expansion
uParcel will utilize the investment to deepen its research on big data and AI with Singapore's universities to develop scalable delivery infrastructure and solutions. It will also be expanding into more cities in the region.
Malaysia’s VentureTECH and Japan’s SBI Ventures launch $18M private equity fund to boost Malaysian growth-stage technology firms
The fund is designed to play a strategic role in supporting Malaysian firms in the high value-added and emerging industry market segments to scale up to their full potential and help attract additional investors to support the expansion of these companies during this economic recovery period.
BEYOND Tech Expo kicks off with BEYOND Virtual on November 9th
To accommodate our international audience abroad who couldn’t participate in person at the BEYOND Expo in Macao this December, we would like to announce our upcoming BEYOND Virtual, which will take place from November 9 to December 4 on the BEYOND Expo website and app.
Malaysia unicorn Carsome seeks $200M in pre-IPO funding round – report
The Malaysia’s first tech unicorn is working with an adviser for the planned fundraising and aims to complete it as soon as in the coming weeks, Bloomberg reported.
AirAsia’s Teleport to raise $50M to $100M in Series A funding – report
Teleport is valued at $300 million in a deal announced in August where the firm acquired Malaysia food delivery platform Delivereat at $9.8 million.
Indonesia’s Gojek and Taiwan’s Gogoro to deploy battery swapping and two-wheel electric vehicle pilot in Jakarta
Gojek and Gogoro have announced a strategic partnership to deploy a battery swapping and two-wheel electric vehicle pilot in Jakarta. The pilot program will consist 250 Gogoro Smartscooters and four GoStation battery swapping stations that will be located at Pertamina gas stations. Both companies plan to scale up the pilot to 5,000 scooters and more battery…
Hong Kong-based gaming platform The Sandbox raises $93M funding led by SoftBank to grow its open NFT metaverse
The investment will enable the company team to scale the platform’s growth as a prime entertainment destination where brands, IPs, and celebrities can engage with their fans through virtual experiences including games, live performances, and social experiences.
Singapore shopping and rewards platform ShopBack to acquire BNPL player hoolah
hoolah will accelerate its growth with a platform to extend its BNPL offering to over 8,000 merchants and 30 million shoppers across nine markets in the Asia-Pacific. ShopBack will further enhance its suite of shopping tools and rewards by offering shoppers a responsible, convenient, and flexible payment option at checkout.
Singapore BioTech TurtleTree raises $30M Series A funding led by European investor VERSO Capital
Turtle Tree has successfully raised $30 million in the first tranche of its Series A funding, one of the largest investment rounds to date in Asia's cell-based food sector. The funding sees participation from investors worldwide, including lead investor VERSO Capital. Following this round of funding, TurtleTree has now raised over US$40 million to date.
