Author: TechNode Global Staff

QIA to invest $1 billion to support local and regional entrepreneurs

Qatar Investment Authority (QIA) is set to launch Qatar's first venture capital (VC) fund of funds, a strategic investment program to foster innovation in Qatar. The fund of funds program will invest more than $1 billion in international and regional venture capital funds.

Capital A to list brand management platform in United States

Malaysia-based Capital A (formerly known as AirAsia Group Berhad) said Wednesday that Capital A International (CAPI), owner of the iconic AirAsia brand, will be publicly listed in the United States through business combination with Aetherium Acquisition Corp.

KMP invests in AI computer vision and consumer engagement advertising platform SmartRetail

Kumpulan Modal Perdana (KMP), a Malaysian government-owned tech-focused venture capital, announced Tuesday their successful investment in SmartRetail, a Singapore-based computer vision artificial intelligence (AI) profiling solutions and consumer engagement advertising technologies platform.

iFLYTEK, Zense Entertainment, and Chulalongkorn University ink deal to accelerate advancement of Thai speech recognition

China-based artificial intelligence (AI) and speech technology provider IFLYTEK has announced a collaboration with Thailand entertainment technology firm Zense Entertainment and academic institution Chulalongkorn University, to accelerate advancement of Thai speech recognition.

Humane partners SoftBank to transform AI experience in Japan

Humane Inc has on Thursday revealed plans for a telco partnership with SoftBank Corp.(SoftBank) for the Humane Ai Pin, the first stand-alone Ai device and proprietary Ai-driven OS, CosmOS. This partnership, as part of a strategic investment opportunity, will see SoftBank become the exclusive telecom provider for Ai Pin in Japan, leveraging SoftBank’s…

Glints & MHV report reveals startup salaries cool in 2023

Startup salaries cool in 2023 with junior engineering roles seeing the sharpest decline of 6 percent, Glints and Monk’s Hill Ventures revealed on Thursday. According to the Southeast Asia Startup Talent Trends Report 2024, off the back of tech layoffs and cost-cutting measures, junior tech roles have been most impacted across the region with salary declines…

Mocaverse strengthens Korean presence with Cube Entertainment, IPX, Daehong Communication (LOTTE Group), Nine Chronicles M, GOMBLE

Mocaverse, the marquee growth network with an interoperable infrastructure layer of account, identity, reputation, and PointFi systems seeded by Animoca Brands, announced Wednesday it entered into various partnership agreements for strategic expansion of Mocaverse Partner Network in the South Korean market to bridge, integrate, and export Korean Web3…

Fintech penetration in Southeast Asia will double by 2027, says UnaFinancial

UnaFinancial said Wednesday that the number of fintech companies per one million people in Southeast Asia may double by 2027, reaching 100. This is supported by the growing super-platform economy, conducive regulatory frameworks and favorable economic conditions.

Tikehau Capital partners UOB-Kay Hian to launch new private credit strategy

Tikehau Capital, the global alternative asset management group, has joined forces with Singapore-based brokeragefirm UOB-Kay Hian (UOBKH), to launch a new private credit strategy. Both sponsors will be contributing $50 million each in capital commitments to the strategy, demonstrating strong alignment of interest with investor clients.

Protégé Ventures bets on ZOLO to transform Southeast Asia’s food sector with a pre-seed investment

Protégé Ventures (PV), Singapore-based student venture capital fund, has announced an undisclosed pre-seed investment in ZOLO, an artificial intelligence (AI)-powered business to business (B2B) software company founded by two alumni from two Singapore universities.