Singapore’s Funding Societies signs $50M credit facility with HSBC to drive SME growth in Southeast Asia

Funding Societies, a Singapore-based FinTech firm, announced Monday the signing of a $50 million credit facility with HSBC Singapore to continue expanding the firm’s reach to…

Singapore’s HealthTech firm Qritive aims to improve cancer diagnosis through AI [Q&A]

In the interview, Sathe also shared his views on the overall MedTech industry in Southeast Asia. Contrary to the general perception that it is often dominated by the western or…

Singapore’s Safeheron raises $7M Series Pre-A funding led by Yunqi Partners and Web3Vision

Safeheron, a Singapore-based self-custody solution provider, is announcing $7 million in Pre-A funding co-led by Yunqi Partners and Web3Vision.The round also saw participation…

Singapore’s SunGreenH2 closes $2M seed funding led by SGInnovate

Singapore based cleantech company SunGreenH2 announced Wednesday it has raised a $2 million seed round led by SGInnovate. The round also saw participation from Vinci VC, Cap…

Indonesia President Jokowi wants Tesla to make cars locally, not just batteries – report

Jokowi previously said the government aims to establish an “integrated EV ecosystem” that would include such industry activities as metals mining, battery production and car…

Taiwan’s Cherubic Ventures completes $110M Fund V, bringing total committed capital to over $400M

Taiwan-based venture capital firm Cherubic Ventures announced Thursday the successful completion of its Fund V at $110 million, with a total of over $400 million in committed…

The new era of e-commerce demands a tech-enabled ‘human’ customer experience

Having grown accustomed to the convenience of making purchases with a simple click, digital-savvy consumers are now seeking out more personalized online shopping experiences that…

Malaysian Islamic app TheNoor seeks to raise $1M through Islamic ECF platform Ethis

Malaysia’s Islamic lifestyle app TheNoor (Noor Luminous Sdn Bhd) aims to raise MYR5 million ($1.12 million) via Malaysian impact investment and Islamic equity crowdfunding…

South Korea’s SK backs US-based Atom Power with $100M funding

Atom Power, the United States-based startup to digitize power delivery, said Thursday it has closed a $100 million growth round from SK Inc. and SK Energy, South Korean investors…

Proton finalizes deal to sell Smart Automobile Co’s electric vehicles in Malaysia & Thailand

Malaysian automaker Proton on Thursday formalized its deal to sell and service vehicles from premium electric vehicle (EV) brand Smart Automobile Company (smart) in Malaysia and…

Not just for business, AI has the potential to impact lives, says Dataiku’s Grant Case [Q&A]

While there is a hunger for knowledge and understanding, organizations need to increase the effectiveness and value of their existing assets and staff. AI can be a revolution.

Singapore’s FOMO Pay raises $13M Series A round led by Jump Crypto

Singapore-based FinTech firm FOMO Pay, announced Thursday that it has secured a $13 million investment for its Series A round led by Jump Crypto. Other participating investors…

Deliveroo, Foodpanda and Grab jointly launch digital platforms industry association in Singapore

The three major food delivery platform companies, Deliveroo, Foodpanda and Grab, have come together to launch the Digital Platforms Industry Association (DPIA). Through the…

Quant-Box launches FinTech platform to improve Asian investor access to Japan stock market

Launched in July 2022, Quant-Box will become one of the first broker-neutral platforms to offer professionals and individuals the same level of institutional-level real-time…