TechNode Global Staff

Y-combinator-backed fintech startup Elevate secures $5M to expand operations

Elevate, a Y-combinator-backed fintech startup headquartered in London and Dubai, has successfully raised $5 million in financing to expand its operations in the Philippines.

The Sandbox raises $20M funding at $1B valuation cap

The Sandbox, a user-generated content (UGC) metaverse platform of Hong Kong-based Animoca Brands, announced Thursday that it has raised $20 million of convertible promissory notes with a $1 billion valuation cap.

Temasek led $208M equity investment in German radiopharmaceutical biotech firm ITM

Singapore state-owned investor Temasek has led EUR 188 million ($208 million) equity investment in German radiopharmaceutical biotech firm ITM Isotope Technologies Munich SE (ITM).

Tanco, CCCC Dredging (Group) join hands to develop Malaysia’s first smart AI container port

Malaysian property developer Tanco Holdings Berhad has partnered with Chinese infrastructure group China Communications Construction Company Limited (CCCC) to develop Malaysia’s first smart artificial intelligence (AI) container port.

Report : Malaysian knowledge workers use AI more than their global counterparts

Malaysian knowledge workers use artificial intelligence (AI) more than their global counterparts, a report said Thursday. Microsoft Corp and LinkedIn said in their 2024 Work Trend Index, a joint report on the state of AI at work, that 84 percent of knowledge workers in Malaysia (versus 75 percent globally) now use AI at work.

Foxconn to build advanced computing center in Taiwan based on NVIDIA Blackwell platform

Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform at its core.

Tether invests $18.75M in Taiwanese blockchain-enabled financial institution XREX Group

Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.

Indian-founded Testsigma raises $8.2M led by MassMutual Ventures

Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual Ventures.

Japan’s Astroscale raises $153M from Tokyo IPO

Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.

Boost Bank officially launches digital bank app to Malaysians

Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank, has on Thursday announced the launch of its digital bank app to Malaysians.