TechNode Global Staff
Animoca Brands partners LightLink to enhance Web3 gaming experiences with gasless on-chain transactions
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced a strategic partnership with LightLink, an Ethereum Layer 2 blockchain, to enhance Web3 gaming experiences with gasless on-chain transactions.
January 31, 2024
News,Venture Capital,Singapore
Antler leads $5.1M Pre-Seed funding for 37 startups in SEA
Antler, the global early-stage venture capital firmbased in Singapore, has on Wednesday announced its largest pre-seed investment round to date, committing $5.1 million to 37 startups across Southeast Asia.
January 31, 2024
917Ventures’ Fundspace offers digital-based solution to Philippine MSMEs
As fund sufficiency remains a major challenge for MSMEs , particularly in emerging markets, 917Ventures’s loan aggregator Fundspace is offering MSMEs and local entrepreneurs a swift, user-friendly, and easily accessible digital solution tobridge the financing gap in the Philippines.
January 30, 2024
News,Digital Transformation,SEA
Southeast Asia’s digital economy will contribute 56% to its GDP by 2027 : Una Financial
Southeast Asia’s digital economy will contribute 56 percent to its gross domestic product (GDP) by 2027, with digital payments taking the lead (61.5 percent), said UnaFinancial on Tuesday. In 2027, the gross value added (GVA) of the digital economy in Southeast Asia is expected to reach $2.35 trillion, increasing by 45 percent (+$732 billion) compared to…
January 30, 2024
Southeast Asia’s total food delivery spend on platforms grow 5 percent on year to $17.1B in 2023
Southeast Asia’s total food delivery spend on platforms grew a modest 5 percent year on year to reach $17.1 billion in 2023, mirroring the growth rate observed in 2022, Momentum Works said Tuesday. The growth was driven primarily by the region’s smallest food delivery market, Vietnam (+27 percent), followed by Malaysia (+9 percent).
January 30, 2024
SoftBank Ventures Asia changes name to SBVA after closing $150M fund
SoftBank Ventures Asia is officially changing its company name to SBVA after closing $150 million fund. SBVA, through this fund, aims to actively discover early to mid-stage startups that capitalize on technological innovations in ICT, such as artificial intelligence (AI), robotics, and computing, and create new business opportunities.
January 30, 2024
ASEAN Foundation and Microsoft launch AI TEACH for ASEAN Program to shape the region’s tech future
Recognizing the crucial role of artificial intelligence (AI) skilling in fostering inclusive economic growth by empowering workers and job seekers to supercharge their careers and businesses, the ASEAN Foundation and Microsoft have launched the AI TEACH for ASEAN program aimed at shaping the region's tech future where AI proficiency is a cornerstone of…
January 30, 2024
APAC businesses expected to nearly triple spending on generative AI to $3.4B in 2024: Infosys Research
Companies across Asia-Pacific (APAC) are quickly ramping up investments in generative AI (GenAI) and entering a higher stage of maturity, according to Infosys. The research forecasts a bigger increase than in any other region – 140 percent in the next year. This translates to an estimated $3.4 billion to be invested across Australia, New Zealand, China,…
January 30, 2024
Higlobe partners Triple-A to deliver near instant, free transfers from the US to Filipino remote workers
Higlobe, a payment solution for global businesses and remote professionals, has on Monday announced a partnership with Triple-A, the digital currency payment institution, aimed at transforming the landscape for remote workers in the Philippines by providing instant, free payment transfers from the United States.
January 30, 2024