TechNode Global Staff
SWC Global leads $5.41M series A financing in Indonesian D2C startup Rosé All Day Cosmetics
Halal-certified direct-to- consumer (D2C) Indonesian beauty brand Rosé All Day Cosmetics (RADC) announced Friday it has successfully closed a series A funding round of $5.41 million. The funding was led by SWC Global, with participation from DSG Consumer Partners (DSGCP) and the brand’s initial seed investor AC Ventures.
Standard Chartered: $17B in retail investor capital could be mobilized to combat climate change in Malaysia
Standard Chartered’s latest Sustainable Banking Report2023 shows $17 billion of retail investor capital could be mobilized towards climate investments in Malaysia by 2030. Within climate investing in Malaysia, $9 billion could flow into mitigation themes – renewables, energy efficiency and storage are set to attract the most capital.
US venture capital firm In-Q-Tel establishes office in Singapore
United States venture capital firm In-Q-Tel, Inc. (IQT) has announced the opening of a new office in Singapore. This strategic expansion into Singapore reflects the region’s growing importance as a technology and venture capital hub.
Singapore’s Pave Bank launches with $5.2M funding round for programmable money
Singapore-based multi-asset and programmable bank Pave Bank has been launched with $5.2 million seed money. The seed funding round was led by 468 Capital with participation from Quona Capital, Financial Technology Partners, BR Capital, w3.fund, Daedalus and angel investors.
Careplus partners GoAuto to set up EV plant in Malaysia
Malaysia-based glovemaker Careplus Group Berhad is partnering electric vehicle (EV) mobility firm GoAuto Group to set up an EV plant in Malaysia with gross development value (GDV) of the about MYR 600 million ringgit ($128 million).
01Fintech invests $20M in Validus to drive SME financing in the Southeast Asia region
01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specializing in financial technology in Southeast Asia, has on Wednesday announced a significant $20-million investment in Validus, a small-and-medium-enterprises (SME) supply-chain financing platform with operations in Indonesia, Singapore, Thailand and Vietnam.
Indonesia’s aquaculture company eFishery expands to India
Indonesia-based aquaculture company eFishery has announced the completion of its commercial pilot in India, marking a significant milestone in its global expansion journey. The firm has kicked off the pilot project in March of this year, has successfully acquired over 1,000 acres of ponds under contract, and has now distributed more than 3,000 metric tons…
Australian health tech company Vantari VR raises $4.7M in funding led by Co:Act Capital
Australia-based virtual reality (VR) medical training provider Vantari VR, has secured AUD $7 million ($4.7 million) via a Pre Series A capital raise. The oversubscribed round was led by Co:Act Capital and supported by Acova Capital, Significant Early Venture Capital, Sirius Capital and other investors from the medical device and insurance ecosystem.
Singapore’s ProfilePrint completes Series B fundraising led by Tai Partners
ProfilePrint Pte. Ltd., a Singapore-based technologycompany effecting significant changes in the agrifood industry, has announced the successful conclusion of its Series B funding round. The round was led by Tai Partners and participatedby four of its existing shareholders.
Securities Commission Malaysia introduces accelerated transfer of listing from ACE Market to Main Market for eligible companies
The Securities Commission Malaysia (SC) has on Wednesday introduced an accelerated transfer process to facilitate the promotion of eligible ACE Market public listed companies (PLCs) to the Main Market of Bursa Malaysia.
