The tragedy of the data commons: Why new strategies are needed to bring harmony to IT
#Data, much like drinking water, is a critical resource. Developers need to use this data, and logically, they want to use it as much as possible as it enables them to build…
Singapore’s Integra Partners leads $7M funding round in Germany’s CleanHub
CleanHub, the Germany-based company that stopping plastic from entering oceans, has on Wednesday announced it has raised $7 million in funding led by Integra Partners and…
Singapore-based climate-tech company Transitry secures $600,000 Pre-Seed funding
Transitry, a Singapore-based climate-tech company, has on Wednesday announced the successful completion of its Pre-Seed funding round, securing a total of $600,000. Prominent…
Singapore’s dtcpay raises $16.5M in Pre-Series A funding round led by Kwee Liong Tek
Dtcpay, a Singapore-based digital payments platform, on Wednesday announced it has raised $16.5 million in a pre-Series A funding round. Singapore's conglomerate family business…
India’s Digantara raises $10M is Series A1 funding led by Peak XV Partners and Kalaari Capital
Digantara, an India-based space situational awareness (SSA) company, announced Tuesday that it has raised $10 million in a Series A1 funding round to further develop its…
Samsung Ventures invests in wearables sleep tech firm Earable Neuroscience
The United States and Vietnam-based wearables sleep tech firm Earable Neuroscience has announced the completion of the investment process in its bridge round by Samsung Ventures…
Monetary Authority of Singapore proposes standards for digital money
The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central…
Indonesia’s Slice closes $645,000 seed round led by Intudo Ventures and Arise
Slice Group, an Indonesian developer of creator management tools for the creator economy, has on Wednesday announced the completion of a $645,000 seed round of financing led by…
MYStartup partners Maxis, Petronas, Cyberview and airasia academy to support Malaysian startups
MYStartup, an initiative by the Ministry of Science of Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), has partnered with Malaysian firms Maxis, Petroliam…
GoTo-backed Go-Ventures rebrands as Argor; raises $240M
GoTo-backed investment firm Go-Ventures has rebranded as Argor Capital Management Pte. Ltd. (Argor) and closed its second flagship venture fund at $240 million.
Funding Societies introduces Shariah-compliant Guaranteed Islamic Investment Note in Malaysia
Following the launch of its comprehensive Islamic financing solutions recently, Funding Societies, the Singapore-based unified small and medium sized enterprise (SME) digital…
Singapore’s Grab cuts 1,000 jobs to manage costs and stay competitive, says CEO
Grab's Anthony Tan said with or without the exercise, Grab is on track to hit group Adjusted EBITDA breakeven this year.
Without secured remote connectivity, most enterprises aren’t fully ready to tackle IT challenges hybrid work brings
While hybrid work is already largely considered normal, the report makes it clear that modern platforms are better at coping with the demands and challenges around user support in…
Grab plans biggest job-cut round since pandemic – report
Last month, Grab said it is ‘on track’ to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter.
