Indonesia tech startup funding plunges 64% on year in first half
Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.…
More than 40 Indonesian agencies hit by cyberattack on data centers – report
Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.
Novo invests in Indian agritech firm AgNext Technologies
Denmark-based investor Novo Holdings announced Tuesday that it has led an investment in AgNext Technologies Private Limited, an India-based agricultural and food technology…
From science fiction to reality: How a Vietnamese AI platform powered by human ingenuity could save millions of lives
Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial…
Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half
Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said…
Silverlake Axis ventures into Cambodia through strategic partnership with Chip Mong
Singapore-listed fintech and digital banking solutions provider Silverlake Axis Ltd. (SAL) has ventured into Cambodia through strategic partnership with Chip Mong Group, a…
Singapore’s Atome Financial secures up to $100M growth debt facility from EvolutionX to drive expansion in Southeast Asia
Singapore-based fintech firm Atome Financial has secured up to $100 million growth debt facility from EvolutionX to drive profitable expansion in Southeast Asia.
Hong Kong fintech firm FundPark secures $250M in loan led by HSBC
FundPark, a Hong Kong-based fintech company, has closed an asset-backed securitization (ABS) facility of up to $250 million, of which HSBC will provide up to $200 million as the…
Malaysia’s Systech partners EISSB to develop data centers
Malaysian information technology (IT) services firm Systech Bhd has partnered industrial-grade servers and storage solutions provider EH Integrated Systems Sdn. Bhd. (EISSB) to…
Catcha Digital partners Keluar Sekejap founders to launch KS Lagi
Malaysian digital media firm Catcha Digital Berhad, via its subsidiary, has entered into a joint venture agreement with Khairy Jamaluddin (KJ) and Shahril Hamdan (Shahril), the…
GreenRock partners Solarvest to develop 1 GW green energy project in Taiwan and Malaysia
Solarvest, Malaysia’s clean energy firm, has announced a strategic collaboration with GreenRock Energy, a Taiwanese renewable energy player, to accelerate the development of green…
Malaysia’s Sunway partners European Union to advance sustainability initiatives
This landmark collaboration between the diplomatic mission of the world’s largest trading bloc and one of Southeast Asia’s leading conglomerates marks another significant…
Singapore’s Food Empire secures $40M from Ikhlas Capital
Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital…
Axrail opens Gen AI lab in Malaysia in collaboration with AWS and Phison
Axrail, an artificial intelligence (AI) subsidiary of Malaysian integrated agro-based business group QL Resources Berhad, has opened a generative AI (Gen AI) lab in Malaysia and…
