TechNode Global Staff

EDOTCO, MDEC, Boost team up to accelerate digital economy in Malaysia

Telecommunications infrastructure company EDOTCO Malaysia has on Tuesday announced two strategic partnerships with Malaysia Digital Economy Corporation (MDEC) and Boost to accelerate Malaysia's digital economy through next-generation digital infrastructure and financial inclusion initiatives.

Indonesia’s Qoala appoints new board members and launches ESOP buyback to fuel growth across Southeast Asia

Indonesia-based insurTech company Qoala has on Tuesday announced the addition of two key leaders, Randy Lianggara and Yujun Chean, to its board as part of its regional strategic moves to bolster its presence in the region as the premier provider of diverse protection products.

Indonesia’s PasarPolis eyes expansion into Singapore

Indonesia-based insurtech firm PasarPolis said Tuesday that it is now poised for profitable growth and is preparing for its next major step: expansion into Singapore.

Wavemaker Partners, SEEDS Capital back Mushroom Material in $5M seed funding

Mushroom Material, a New Zealand-based start-up replacing styrofoam pelletized fungi packaging, has secured over $5 million in seed funding. Wavemaker Partners, one of Southeast Asia’s leading VC firms, and Singapore’s SEEDS Capital have led the investment along with Icehouse Ventures, K1W1, and Black Kite Capital.

Global edge data center market to cross $300B by 2026: JLL

Global real estate consulting firm JLL has predicted global edge information technology information technology (IT) infrastructure and data centers will become a $317 billion market globally by 2026, representing a 107 percent growth from the 2020 market valued at $153 billion.

Antler closes $72M SEA Fund II to double down on SEA startups

Antler, a Singapore-based early-stage venture capital firm, has on Tuesday announced the $72 million close of its second Southeast Asia fund, Antler SEA Fund II. The new Fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital.

Malaysia’s Petronas launches Supplier Support Program for sustainable practices in OGSE

In encouraging Malaysia’s oil and gas services and equipment (OGSE) suppliers to embrace sustainability principles, Malaysia's state-owned Petroliam Nasional Berhad (Petronas) has on Tuesday launched the Petronas Supplier Support Program (PSSP) in collaboration with the Joint Committee for Climate Change (JC3) Greening Value Chain Program, Bursa Malaysia…

Maxis and Huawei team up on 5G-advanced Joint Innovation Center in Malaysia

Maxis, a Malaysia-based telecommunication firm, and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), a subsidiary of Chinese multinational digital communications technology conglomerate Huawei, have on Tuesday announced a strategic collaboration on a Joint Innovation Center in Malaysia.

India’s HealthCRED secures $1.2M in seed funding round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List India

HealthCRED, an India-based business to business (B2B) healthcare financing startup, announced Monday that it has raised $1.2 million in a seed funding round.

Indosat partners Google Cloud to deliver sovereign cloud and edge cloud solutions for Indonesia

Indosat Ooredoo Hutchison (Indosat) Group and Google Cloud have on Monday announced an expanded partnership to deliver next-generation sovereign cloud and edge cloud services in Indonesia that meet the country’s most stringent data residency, security, and privacy requirements.