Crunchbase: global startup funding in 2023 clocks in at lowest level in five years
A slower final quarter ended a lackluster year for global startup funding as venture capital investors continued to hold back in 2023, Crunchbase data showed Thursday. Global…
Bain & Company: global healthcare private equity deal reaches $60B in 2023
The healthcare sector continued to be a hub of private equity (PE) deal activity in 2023, reaching $60 billion in announced deal value, despite higher global interest rates,…
Japan’s Micoworks raises $24.5M in Series B round led by Vertex Growth
Micoworks Inc., a Japanese developer and provider of the MicoCloud and Micomii marketing platforms, has on Wednesday announced the successful raising of JPY 3.5 billion ($24.5…
Is the global labor shortage crisis ushering in the golden age of robotics?
Although no one knows exactly when the golden age of #robotics will begin, we can be certain that before that time comes, offices, shopping malls, and even entire cities will need…
Vietnam’s VinFast inks deal with initial independent dealers in US
VinFast, a Vietnam-based smart electric vehicle manufacturer, has on Tuesday announced that it has officially signed agreements with five dealers in four states across the…
Alibaba’s Southeast Asian arm Lazada marks new year with layoffs in Singapore – report
Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.
Khazanah and CGC Digital invest in Funding Societies to broaden financing access to MSMEs
Khazanah Nasional Berhad (Khazanah) and CGC Digital Sdn Bhd (CGC Digital) have on Wednesday announced an investment into the largest unified small and medium enterprise digital…
US DFC approves loan to Indonesian clean energy firm Medco Cahaya Geothermal
The U.S. International Development Finance Corporation (DFC) has approved 17 new transactions in the first quarter of FY2024 at the board and sub-board levels, totaling more than…
Chinese logistics services provider BEST to open its sorting center in Malaysia in 2024
China-based supply chain and logistics services provider BEST Inc said that its largest sorting center in Southeast Asia, which is located in Selangor, the most developed state in…
EKA Mobility joins forces with Mitsui and VDL Groep to manufacture electric vehicles
EKA Mobility, an electric vehicles and technology company based in India, has announced a partnership with Japanese conglomerate Mitsui & Co., Ltd. and Netherlands-based…
Malaysia’s Gentari acquires stake in Hai Long offshore wind project in Taiwan
Malaysia-based clean energy solutions provider Gentari, through its subsidiary Gentari International Renewables Pte Ltd has added offshore wind capacity into its portfolio,…
IFC partners with Karsan to help drive electric vehicle production, exports in Türkiye
IFC is providing €35 million ($38.73 milllion) loan to an automotive manufacturer in Türkiye Karsan to boost its production of electric vehicles (EVs), strengthen the sector's…
Japan’s Monex to acquire majority stake in Canadian digital asset manager 3iQ for $39.8M
Monex Group, Inc., a Japanese financial group that runs online brokerage, crypto exchange, and asset management business in Japan and globally, will acquire the majority stake of…
How these 3 trends are catalyzing the adoption of real world assets
While there are important hurdles to adopting real world assets, enterprise solutions are emerging too. Here are three key ways that are catalyzing the institutional adoption and…
