TechNode Global Staff

Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy and returns. The fund targets a compound annual growth rate of 8 percent and is open-ended.

Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler has invested in over 900 startups, making them the most active investor globally and in Southeast Asia.

Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. The oversubscribed round was led by Singapore-based Chocolate Ventures, with participation from Lendela’s seed investor Cocoon Capital.

Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and SwissRe Foundation, backed by an initial funding of over $2 million to launch programs in Indonesia, with the potential to expand to South East Asia in future years.

Scapia, the India-based fintech company, has raised $23 million in its Series-A funding round, led by Elevation Capital and 3STATE Ventures. The round also saw participation from its existing investors, Matrix Partners India and Tanglin Venture Partners.

Google Cloud and Klook, Hong Kong's platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer engagement channels with generative artificial intelligence (AI) from Google Cloud.

Singapore-based prop-tech firm PropertyGuru has returned to the black by achieving a net profit of S$ 300,000 ($224,022) in the third quarter ended September 30, 2023, as compared to a net loss of S$7 million ($5.23 million) a year ago. The firm's total revenues grew 13 percent year on year to S$39 million ($29.12 million) in the third quarter, as total…

Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. Wavemaker Partners investment amounting to $1.1 million, marks its first in an India-incorporated tech company.

Singapore-based fintech platform iFAST Corporation Ltd. has announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the group's three-year growth Plan to become a prominent global player in digital banking, wealth management, and pension administration solutions. As part of its strategic expansion, iFAST Global Hub.ai is…

Thailand tech-enabled coffee chain Flash Coffee announced Tuesday that Turn Capital has acquired its Thailand business/franchise to fuel further growth within the country. Leveraging Flash Coffee’s brand, product innovation, and proprietary technology, Turn Capital will continue to expand the chain’s presence across Thailand, with a plan to open more than…