TechNode Global Staff

Singapore’s Inteluck raises $34M in Series C funding led by Navegar

Inteluck, a Singapore-based technology-driven supply chain solution provider, has announce the successful completion of its Series C funding round, securing $34 million in investment. The round was led by Philippines-focused private equity firm Navegar and joined by existing investor East Ventures, a venture capital firm in Southeast Asia.

Indonesian biotechnology startup Moosa Genetics raises new funding led by East Ventures

Moosa Genetics, an animal genomics and biotechnology startup based in Indonesia, has on Monday announced that the company raised funding led by East Ventures, a venture capital firm focusing on Southeast Asia. The funding also saw the participation from angel investors.

Singapore’s Charge+ raises Series A funding to accelerate its expansion plans into Southeast Asia

Charge+, a Singapore-based electric vehicle (EV) charging operator, has secured an undisclosed Series A funding round led by TRIVE Venture Capital to accelerate the expansion of its EV charging infrastructure in Singapore and throughout Southeast Asia.

JC3 announces initiatives to support inclusive transition to greener economy in Malaysia

The Joint Committee on Climate Change (JC3), a platform established by public and private sectors to boost climate resilience within the Malaysian financial sector, has announced five key initiatives to expedite the transition of businesses and farmers towards low-carbon practices.

Singapore’s Protos Labs raises $2.2M in oversubscribed Seed round

Protos Labs, a Singapore-based cyber risk management company, has on Monday announced a successful seed round funding of SGD $3 million ($2.19 million). The seed round saw participation from several prominent investors, reflecting the growing importance of holistic risk prevention and transference solutions.

Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka

Alipay+, the payment platform of China-based Ant Group, announced Monday that it has partnered LankaPay, Sri Lanka’s National Payment Network, to enhance digital travel experience to and from Sri Lanka. The duo have recently signed an memorandum of understanding (MoU) towards enhancing inbound and outbound travel experience through cross-border digital…

Singaporean insurtech bolttech partners Three Sweden for device protection

Singapore-based insurtech, bolttech has on Monday announced its partnership with Three Sweden, an innovative telecommunications service provider based in Sweden, to offer comprehensive device protection solutions to customers both online and in-store. The partnerhip strengthens its existing collaboration with CK Hutchison Holdings (CKHH), building on other…

Peak XV’s Surge unveils ninth cohort

Peak XV’s rapid scale-up program Surge has on Monday launched its ninth cohort of early-stage startups featuring 32 inspiring founders across 13 startups. Surge’s curated community of startups now includes nine cohorts, 330+ founders and 140+ startups across 16+ sectors in less than five years.

Malaysia’s EPMB invests $21M for new EV car manufacturing facility in Melaka

Malaysia-listed EP Manufacturing Berhad (EPMB) has announced that it will invest MYR 100 million ($20.98 million) to build an automotive manufacturing facility in Melaka, Malaysia. This strategic move is part of EPMB commitment to establishing a manufacturing hub for energy-efficient vehicles (EEVs) and electric vehicles (EVs) in Malaysia, contributing…

Vietnam’s VinFast enters into $1B share sale agreement with Yorkville Advisors

VinFast Auto Ltd. (VinFast) on Friday announced that it has entered into a standby equity subscription agreement with YA II PN, Ltd.(Yorkville). The subscription agreement highlights that VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1 billion of ordinary shares in VinFast at any time during the term of the…