Wavemaker Partners launches climate tech venture builder Wavemaker Impact with $25M target for its first fund
Wavemaker Partners believes that climate change is an existential threat for the region, with three of its largest cities facing the threat of being underwater by 2050. Thus, the…
UK AdTech Admix raises $25M Series B for APAC expansion, looks to scale as the content monetization layer for the metaverse
The funding will be used to scale up its In-Play solution worldwide and establish the company as the content monetization layer for the metaverse
With $1.2M Seed funding, WTH Foods aims to bring alternative protein-based Filipino dishes to international markets
WTH Foods launched a research and development (R&D) facility to enhance the texture and taste of its plant-based products. It will use the facility to hone its plant-based…
Deploying modern enterprise services in the cloud
Ultimately, the onus is on enterprises to make an informed decision on whether to stay with their existing non-cloud deployments or to move to the cloud. And if the choice is the…
AirAsia partners more airlines to sell competitors’ flights on super app
AirAsia's move to partner with more airlines and sell more flights on its super app comes as Malaysia and other countries in Southeast Asia are beginning to reopen their economies…
India neobank Zolve closes $40M Series A funding round at a valuation of $210M, will scale financial services for US-bound immgrants
With these additional funds, Zolve intends to enhance the user experience for global citizens, allowing them to open their U.S. accounts in minutes. Moreover, the funds will help…
Vietnam blockchain game studio Sipher raises $6.8M Seed round to develop its upcoming World of Sipheria game
Sipher is fostering an ecosystem where people can play for fun while also being rewarded for their time spent in-game. By leveraging blockchain technology, Sipher is bringing…
Singapore fashion brand Love, Bonito raises $50M in Series C funding to fuel category and international expansion
Proceeds from the fundraise will enable Love, Bonito to bolster efforts in existing omnichannel markets and supercharge international expansion in markets that collectively are…
Malaysia home services platform Recommend Group raises $4M Series A funding led by China’s Morning Crest Capital
Recommend Group will be using the funds to expand the teams in Indonesia and Malaysia, with a focus on product and engineering. It will also improve the user experience on its…
Angkasa-Boustead consortium banks on Islamic bank positioning, existing captive members to win a digital banking license in Malaysia [Q&A]
In the interview, Hudhaifa shared the opportunities the consortium sees in building a digital bank in Malaysia and what are the competitive advantages it has against other…
Temasek launches $3.34B investment platform to support businesses with regional or global aspirations
65 Equity Partners seeks to partner with fundamentally sound and well-managed businesses with clear growth strategies over the long term. It will invest across industries with…
DaaS provider QoreNext raises $1.5M seed funding backed by Wavemaker Partners to bring data science solution to the market
The seed round will help the QoreNext platform to advance the production of its main modules and to bring its first set of data products to the market, the company said in a…
Kumu breaches $100M in funds raised with Series C led by General Atlantic, aims to create the world’s largest participatory social network
This transaction marks the largest equity financing to date for a Filipino startup not founded as a subsidiary or spinoff of an established conglomerate. It also marks General…
Privy raises $17.5M series B funding led by GGV Capital, expects faster digital transformation in Indonesia through digital identity and signing
Within five years, Privy has been enabling 18.5 million users to open bank saving accounts, stock trading accounts, apply for credit cards, insurance policy, lease a motor…
