TechNode Global Staff

Singapore's logistics firm Locad has raised $9 million in Pre-Series B fundraise co-led by Global Ventures and its existing investor Reefknot Investments.

Approximately 620,000 employees will be highly impacted over the next three to five years due to the influence of artificial intelligence (AI), digital, and green economy trends, based on a study on the impact of AI, digital technology, and the green economy on the Malaysian workforce.

Tuya Inc., a China-based cloud platform service provider, has on Monday announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13 percent of Tuya's total issued shares from New Enterprise Associates (NEA).

Malaysia has led Southeast Asian (SEA) region with record initial public offerings (IPOs) this year, Deloitte said Tuesday.

Semperis, a global cybersecurity firm, will bolster identity-driven cybersecurity efforts in Singapore following its major funding round.

Southeast Asian initial public offering (IPO) market remains tepid in 2024, but momentum builds towards a 2025 rebound, Deloitte said in a statement on Tuesday.

Solarvest Holdings Berhad (Solarvest), a Malaysia-based clean energy firm, has partnered Malaysian fintech firm Finhero, to officially launch its Powervest solar financing program in Vietnam to support clean energy transition among Vietnamese businesses.

OKX, a global crypto exchange and onchain technology company, has on Monday announced it will provide instant, zero-fee SGD deposits and withdrawals to OKX customers in Singapore through PayNow and Fast and Secure Transfers (FAST) payment services.

Portcast, the Singapore-based provider of real-time transportation visibility and predictive analytics, has on Monday announced it has raised $6.5 million in a Series A funding round.

Corporate Malaysia could contribute to doubling venture capital funding to reach MYR 1.1 billion ($250 million) by 2030, a report said Monday.