UAE mobility and logistics startup Wize raises $16 million in pre-Seed round
Wize, a Dubai-based startup providing sustainable solutions for last-mile delivery, has raised $16 million in a pre-Seed funding round co-led by Mena-focused angel investors. The…
Singapore’s StraitsX gets approval to issue single-currency pegged stablecoins
Singapore-based digital asset platform StraitsX has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) as major oayment institutions licensed for…
Indonesia’s VC deal value expected to decline 70-80% in 2023, says report
Despite a degree of cautious optimism, Indonesia's venture capital deal value is expected to decline 70 percent to 80 percent in 2023, according to a report revealed by…
Antler strengthens team with key hires to drive strategic investments in Southeast Asia
Antler, a Singapore-based global early-stage venture capital firm, has announced a trio of significant appointments - Shao-Ning Huang and Lorenzo Peracchione as Venture Partners,…
MAS partners industry to develop generative AI risk framework for the financial sector
The Monetary Authority of Singapore (MAS) has on Wednesday announced the successful conclusion of phase one of Project MindForge1 which seeks to develop a risk framework for the…
MYEG and Yayasan Chow Kit join hands to prepare youth for the Web3 era
MY E.G. Services Berhad (MYEG), a e-government service provider in Malaysia, has partnered with non-profit organization Yayasan Chow Kit (YCK) to foster digital inclusivity for…
US silicon battery company Enovix builds $1.2B high-volume manufacturing facility in Malaysia
Enovix Corporation, an advanced silicon battery company, will invest MYR 5.8 billion ($1.23 billion) to establish its first high-volume manufacturing facility (Fab2) in Malaysia.…
Malaysian government and Google announce strategic collaboration
The government of Malaysia and global tech giant Google have on Thursday announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and…
MAS partners financial industry to expand asset tokenization initiatives
The Monetary Authority of Singapore (MAS) has on Wednesday announced that it is working with the financial industry to expand asset tokenization initiatives and develop…
Ant Group Digital Technologies says its international business operation increases 300% in the past year
Ant Group Digital Technologies announced that its revenue from its international business operation has increased by 300 percent in the past year, with key markets including…
Asahi Kasei, Gentari, and JGC team up for green hydrogen production in Malaysia
Gentari Hydrogen Sdn Bhd, a wholly-owned subsidiary of Petronas’ clean energy arm Gentari Sdn Bhd (Gentari), Japanese chemical firm Asahi Kasei and engineering firm JGC Holdings…
Thailand’s RISE and Israel’s OurCrowd launch $50M deep tech fund
OurCrowd, an Israel-based digital investment platform, and RISE, a Thailand-based corporate innovation powerhouse, have on Tuesday announced the launch of the $50 million Rise…
Singapore’s BeeX raises $2M in funding led by Earth Venture Capital, ShipsFocus Ventures
BeeX, a Singapore-based firm in providing autonomous robotics solutions to safeguard underwater infrastructures, has recently closed its $2 million bridge round with…
HSBC partners Antler to support the growth of the next generation of entrepreneurs and startups in Singapore
HSBC Singapore has on Wednesday announced at a partnership with Antler, an active early-stage venture capital (VC) firm, to facilitate the growth of Southeast Asian innovation…
