TechNode Global Staff

Glints & MHV report finds increased demand for revenue-generating roles for SEA startups in 2023

Startups will look to invest in more revenue-generating roles such as sales, business development, and marketing and public relations (PR) in 2023 as companies refocus on the path to profitability, said a report on Tuesday.

Canada’s ChopValue raises $7.7M growth funding to scale its circular global Microfactory network

ChopValue, a Canada-based company that creates sustainable products from recycled materials, has on Tuesday closed a $7.7 million funding round to expand its decentralized Microfactory network.

India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group

Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).

Singapore’s Dozer raises $3M funding led by Sequoia Capital India and Southeast Asia’s Surge

Dozer, a Singapore-based open-source data infrastructure platform, has on Tuesday announced $3 million in seed funding. Led by Sequoia Capital India and Southeast Asia’s Surge, the fundraise also saw participation from Gradient Ventures and January Capital.

Malaysia’s Proton plans for comprehensive new energy vehicle solutions

Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku Zafrul Aziz to Zeekr Intelligent Factory in Hangzhou Bay, Ningbo, China.

Indonesia’s Bukalapak acquires majority stake in Malaysian price comparison platform iPrice

Indonesian e-commerce firm Bukalapak announced Tuesday that it has acquired a majority stake in iPrice, a Malaysia-based price comparison platform.

Hong Kong’s 01Fintech seals strategic partnership with Indonesia’s Sinar Mas Financial Services

01Fintech, a Hong Kong-based growth stage private equity (PE) firm, has on Tuesday announced a strategic partnership with Sinar Mas Financial Services (known locally in Indonesia as Sinar Mas Multiartha Tbk, or SMMA).

Vietnamese EdTech firm Prep raises $1M funding co-led by East Ventures and Cercano Management

Prep, the Vietnam-based online learning platform that specializes in standardized language test preparation, has on Tuesday announced that it has raised $1 million co-led by East Ventures and Cercano Management.

Singapore’s Alchemy Pay secures $10M funding from DWF Labs to expand to South Korea

In order to facilitate its expansion into the Korean market, Singapore's payment solutions provider Alchemy Pay has announced a strategic partnership with DWF Labs, the prominent multi-stage web3 investment firm. Alchemy Pay has also secured $10 million in funding from DWF Labs, which will be utilized to expand its payment business in South Korea.

Ericsson to collaborate with Intel on advancing usage and adoption of 5G in Malaysia

Swedish telecommunications company Ericsson and American technology company Intel have signed a memorandum of understanding (MoU) to collaborate on the development of 5G use cases that can accelerate digitalization in Malaysia as well as spur the adoption of the new technology by enterprises in Malaysia.