Latest news and trends about tech

South Korea 3D sketch software Sketchsoft raises $3.2M Series A co-led by SBVA for talent acquisition & further expansion into global markets

Sketchsoft, which aims to commercialize human-computer interaction technology for 3D sketches, will use the funding to expand its talent pool and explore new global markets in different fields.

Standard Chartered to provide $500M financing to BNPL firm Atome for its expansion

This funding will enable Atome Financial to grow and connect a wider ecosystem of merchants to a larger customer base, improving product access and financial inclusion for consumers across the region.

Indonesia all-in-one restaurant operations platform ESB raises $7.6M in Series A+ round led by Alpha JWC Ventures

With this fresh funding, ESB will further expand its proposition including tech-enabled upselling features, enhanced business intelligence (BI) platform, delivery solutions, payment solutions, financing, and human resources information system (HRIS) to become the dominant end to end F&B business operating platform.

Singapore EdTech firm Creative Galileo raises $2.5M in seed round led by Kalaari Capital

The funds will be used to expand across Southeast Asia and integrate local languages within the platform.

Venture debt firm InnoVen Capital launches new Southeast Asia Fund with first close of $50M

InnoVen SEA Fund has completed its first close of $50 million with InnoVen Capital and will be seeking additional investors to participate in the fund.

Malaysia co-farming startup Fefifo raises $3.1M to scale operations and build up tech, data, engineering capabilities

Fefifo is a first-of-its-kind Agtech startup pioneering digitalized, standardized farming in ready-to-farm modern farm spaces called Co-farms. Smallholder farmers (aka “Agropreneurs”) can start their modern commercial farming business in Fefifo Co-farms by renting a pre-fitted office with managed farm services and sell to reliable, profitable contract…

Credit Suisse recognizes AirAsia Digital as tech unicorn alongside Carsome, Axiata’s Edotco

AirAsia Digital is valued at around $1 billion based on all-share transaction in July 2021, as reported by the company, Credit Suisse said in the report dated Oct 5.

Shoplinks raises $900K seed fund led by Cocoon Capital

Shoplinks will use the funds to strengthen its foothold in Indonesia before expanding into other Southeast Asian markets. Additionally, the funds will be used to grow its team and invest more in product development.

Singapore IoT firm UnaBiz raises $25M in Series B led by SPARX Group

The funding brings UnaBiz’ total capital raised to $35 million since it launched in July 2016.

Garbage in, garbage out: The power and pitfalls of AI in recruitment

When used ethically and in an evidence-based way, AI can be a force for good in recruitment and give HR managers and recruiters an objective edge that is so often lacking in the hiring process.