Airasia SuperApp average monthly active users up 12 percent q-o-q in first quarter

Airasia SuperApp recorded 12.9 million average monthly active users (MAU) in the first quarter of 2023, up by 12 percent quarter on quarter, its parent firm Capital A Berhad said…

Singapore digital wealth management platform Endowus officially launches in Hong Kong

Endowus, a Singapore-based wealth management platform, has on Wednesday announced the official launch of its digital wealth management services in Hong Kong. Hong Kong is…

Capria Ventures marks first close of its $100M fund for emerging market

Capria Ventures, a Global South specialist venture capital firm, marks the first close of its target of $100 million fund. The new fund will focus on investing in 20 to 25 tech…

Vietnam’s VinFast receives $2.5B for development

Vietnamese conglomerate Vingroup Joint Stock Company car maker subsidiary VinFast Joint Stock Company has received $2.5 billion in grants and loans to facilitate its continuing…

Better Bite Ventures backs four emerging alt protein startups

Better Bite Ventures, a fund focused on Asia Pacific alternative protein startups, has on Wednesday announced four new investments under its early-stage First Bite initiative and…

Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency

Electric car sales are generally low outside the major markets, but 2022 was a growth year in India, Thailand and Indonesia. Collectively, sales of electric cars in these…

Malaysian AI Startup VOX scores $250,000 investment from Silicon Valley

Malaysian-born artificial intelligence (AI) startup VOX said Monday it has harnessed ChatGPT with Sharly.ai and scored a $250,000 investment from Silicon Valley.

Singapore Edtech startup Explico raises $1.4M in Pre-Series A funding

Explico, a Singapore based edtech startup, announced Wednesday that it has successfully secured $1.4 million in pre-series A funding. Key investors include Astonic Ventures…

United States’ Fuel Venture Capital to conduct roadshow in Asia for latest fund

Fuel Venture Capital, a leading early-stage investor in technology and digital companies, will conduct a roadshow in Asia next week as it looks to raise money for its next fund,…

Animoca Brands’ subsidiary TinyTap raises $8.5M to expand Web3 education business

TinyTap, an edtech subsidiary of Hong Kong-based gaming firm Animoca Brands, educational games, has on Tuesday announced that it has raised $8.5 million. The funding comes from…

Vertex-backed Finland EV charging platform Virta raises $93M for APAC expansion

Finland-based electric vehicle (EV) charging platforms Virta Ltd, a portfolio company of Singapore based Venture Capital firm Vertex Holdings, has secured new €85 million ($93.33…

Bridging global and local markets: A conversation with Monnai Co-Founder Pierre Demarche [Q&A]

In this TechNode Global Q&A, Pierre Demarche, Co-Founder of Monnai, discusses the challenges faced by players in the FinTech industry and the company's recent fundraising…

The era of scams: How businesses in Singapore can prepare for and prevent attacks

Ultimately, the solution to fraud prevention lies in the balance of a business’s employees, processes, and technology efforts.

South Korea to invest $748M in fund of funds this year to boost the country’s venture capital sector

The Ministry of Small and Medium-sized enterprises (SMEs) and Startups (MSS) in South Korea said it will invest around KRW 1 trillion ($748.43 million) in a fund of funds this…