Latest news and trends about tech

Indonesia’s Lumina is backed by Y-Combinator and Alpha JWC to build job community platform for the working class

Lumina announced Monday the company is now backed by Y Combinator (YC) and Alpha JWC Ventures. With the funding, Lumina plans to triple the size of its engineering team where the company aspires to build a world class team of mission-driven technologists.

Malaysian venture capital firm 1337 Ventures launches new $290,000 fund for Malaysian startups

1337 Ventures announced a new MYR1.2 million ($290,000) 1337 Accelerator Fund I to invest into promising early-stage Malaysian startups.The new fund is open to seed-stage startups across any industry, from fintech, edtech to healthtech,

AC Ventures’ Adrian Li says Indonesia’s the most compelling market to invest in ASEAN [Q&A]

Last month, AC Ventures had closed its Fund III with over $205 million in committed capital.

Kakao-backed blockchain platform Klaytn inks five key partnerships for global expansion

Klaytn, a public blockchain platform developed by internet giant Kakao Corp, has signed five key partnership deals to pursue its global expansion plans.Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.

Malaysia B2B startup Dropee raises $7M Series A round led by Vynn Capital

Dropee has completed its $7 million Series A round comprising a combination of equity and debt investments from new and existing investors. The current financing round, led by returning investor Vynn Capital, welcomes new investors including HCL Capital, Resolution Ventures and LKF Capital.

Hong Kong restaurant management firm Bistrochat raises $1M in a funding led by SOSV

Bistrochat has raised $1 million in a funding led by SOSV. The funding will be used to expand the commercial footprint and further develop the software to keep its innovative edge.

Operationalizing Analytics: The real value of data analytics goes beyond just telling you what happened or what will happen, but what you should do about it

When looking at analytics, it’s useful to consider the important role that relational database management systems play in the process, including considering how the database provides a foundation for the full spectrum of analytics, from traditional analytics to the more modern variants making use of machine learning (ML) and artificial intelligence (AI).

Singapore workforce management solution start-up StaffAny raises $3.4 million in Series A Funding led by GGV Capital

StaffAny has raised $3.4 million in its Series A funding round. This investment was led by GGV Capital, with participation from East Ventures, FreakOut Shinsei Fund, Far East Ventures, Farquhar Venture Capital and prolific business angels such as Allen Shim, the former Chief Financial Officer of Slack. It will use this new investment to grow the company,…

NPX Capital makes an additional investment of $43M into South Korean digital content developer Copin Communications

NPX Capital announced that the firm through its private equity arm NPX Private Equity has invested $43 million into South Korean digital content developer Copin Communications. The investment by NPX Capital will be used to strengthen and diversify digital content production capabilities as well as to support business expansion overseas, targeting promising…

Winners of prestigious $4.5M Global Sci-Tech VinFuture prizes announced

The VinFuture Prize rewards breakthrough scientific research and technological innovations with humanitarian outcomes. The VinFuture Prize is aligned with one or more of the UN’s Sustainable Development Goals (SDGs) and is grounded in recognizing proven, real-life impact. Winners demonstrated breakthrough innovations in science and technology focused on…