TechNode Global Staff

OneDegree Group, a Hong Kong-based InsurTech company, has on Thursday announced that the group has closed its first venture debt financing transaction with HSBC. The facility is provided under the HSBC New Economy Fund.

Japanese robotics startup Telexistence (TX) has successfully raised a $170 million Series B round. Other than old investors, TX also secured funding from new investors including SoftBank Group Corp. (SBG), HH-CTBC Partnership (Foxconn Co-GP Fund), and Globis Capital Partners (GCP).

Malaysian national carmaker Proton has formalized strategic partnerships with three E-Bidding Companies (EBC), namely myTukar, MUV and Carsome, to refine the disposal process of trade-in cars for customers.

NodeFlair, a Singapore-based career advancement platform fortech talents, announced Thursday that it has raised $2 million Series A funding. The round was led by Iterative with participation from 500 Global and PERSOL VENTURE PARTNERS, the corporate venture capital arm of human resource management group PERSOL.

Singapore-based global early-stage venture capital firm Antler has announced the appointment of Agung Bezharie Hadinegoro as its Partner. Agung is to spearhead the company's investment strategy and operations in Indonesia.

Japan-based research group Leave a Nest and the Malaysian Research Accelerator for Technology and Innovation (MRANTI) are collaborating on the highly anticipated Global Market Fit Program (GMP) Japan to support high-growth startups seeking to expand their business presence in Japan.

Malaysia's e-commerce income by establishment recorded a notable growth of 10.4 percent year-on-year in the first quarter of 2023, to reach MYR 291.7 billion ($62.6 billion U.S. dollars), official data showed Thursday.

Brinc, a Hong Kong-based global venture accelerator, has on Thursday announced the debut cohort of its Climate Tech accelerator, where four startups kick off its Summer 2023 program.

Farcana, an upcoming Web3 team arena shooter game, has on Wednesday announced that it has entered into a strategic agreement with Hong Kong-based Web3 industry firm Animoca Brands.

Seven in ten consumers in Malaysia are now using contactless cards for payments, said a recent study done by global payment firm Visa.