TechNode Global Staff

Singapore’s VentureBlick secures $2.6M for first two startups

VentureBlick, a Singapore-based venture platform for healthcare innovation, has announced the successful closure of its first two deals, securing a total of $2.6 million for two startups despite a challenging funding environment.

Singapore’s EDBI backs US’s Moloco amid machine learning growth

Moloco, a United States firm in operational machine learning (ML) and performance advertising, has announced that investors including Fidelity Management & Research Company and Singapore-based global investor EDBI, have become its shareholders via secondary stock transactions.

Tencent Cloud partners Allo Bank to boost digital banking in Indonesia

Tencent Cloud, the cloud business of China-based tech company Tencent, has on Wednesday announced its collaboration with Allo Bank, Indonesia’s largest digital banking platform, to enhance digital banking in the country.

MRANTI partners pitchIN to boost Malaysian startups

Malaysian Research Accelerator for Technology & Innovation (MRANTI), a commercialization catalyst in the technology and innovation ecosystem, and pitchIN, Malaysia's Digital Fundraising and Investment Hub, have announced their strategic partnership aimed at revolutionizing the investment landscape for Malaysian startups and spinoffs.

Singapore yellow biotech firm Ento Industries raises growth funding to ramp up production capabilities

Singapore home-grown biotechnology start up Ento Industries has secured growth funding from a pair of environmental, social and governance (ESG)-focused private investors Tak Wai CHUNG and Te-LingNAI. The funding will expedite the firm's move to a larger facility and ramp up its production capabilities.

New report by AC Ventures, AEML reveals promising outlook for electric vehicles in Indonesia

New Report by Indonesia's early-stage venture capital firm AC Ventures and and the Electric Mobility Ecosystem Association (AEML) has revealed a promising outlook for electric vehicles (EV) in Indonesia.

Former Fave Execs launches pre-seed fund to support consumer-focused startups in Southeast Asia

Former Fave Execs Joel Neoh and Audra Pakalnyte have launched First Move, a founder-led early-stage fund, to empower consumer-focused startups across Southeast Asia. The fund provides vital pre-seed funding of up to $100,000, and has a current portfolio of seven companies spanning Singapore, Malaysia, and Indonesia.

Singapore’s NEU Battery Materials concludes oversubscribed $3.7M seed funding round

NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised a total of $3.7 million in an oversubscribed seed funding round led by SGInnovate, a Singapore government-backed deep tech investor and ecosystem builder.

Touch ‘n Go eWallet offers complete payment coverage for on-street parking in Kuala Lumpur and Selangor

Touch ‘n Go eWallet users are now able to conveniently payat more areas under the 19 enabled councils, with complete coverage for both Kuala Lumpur and Selangor areas in Malaysia. The newly enabled councils are the Majlis Perbandaran Klang, MajlisBandaraya Seremban - Nilai, and Majlis Perbandaran Ampang Jaya.

Hong Kong and Saudi Arabia to boost information and technology collaboration

Hong Kong and Saudi Arabia are boosting their information and technology collaboration with the visit of Saudi Minister of Communications and Information Technology (MCIT) Abdullah Al-Swaha and the signing of various agreements on Sunday.