TechNode Global Staff

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.

Malaysia’s DRB-Hicom partners China’s Geely to develop Automotive High-Tech Valley in Malaysia

Malaysian automotive manufacturer and distributor DRB-Hicom Berhad and China's Zhejiang Geely Holding Group Co Ltd (Geely) have signed a Heads of Agreement (HOA) to reinforce the next phase of collaboration between the two companies for the development of the Automotive High-Tech Valley (AHTV) in Malaysia.

Malaysia’s MN Holdings partners China’s DC-Science to set up high performance data center in Malaysia

Malaysian underground utilities and substation engineering specialist MN Holdings Berhad is partnering China’s Shanghai DC-Science Co Ltd to develop its first high performance data center in Malaysia. The project, has an overall estimated value of over $600 million.

Indonesia’s Fresh Factory raises $4.15M in pre-Series A funding led by SBI Ven Capital

Fresh Factory, an Indonesia-based integrated cold chain fulfilment and enabler startup, has on Monday announced it has raised $4.15 million in pre-Series A funding. The round was led by SBI Ven Capital through its joint fund with Kyobo Securities and NTUitive.

Singapore’s Venti Technologies raises $28.8M Series A funding led by LG Technology Ventures

Venti Technologies, a Singapore-based firm in autonomous logistics for global supply chain and industrial hubs, has announced that it has secured $28.8 million in a Series A financing.

Singapore’s True Global Ventures invests over $24M in French crypto firm Ledger

Singapore-based technology equity Venture Capital firm True Global Ventures (TGV) has invested over $24 million into Ledger, the France-based platform for digital assets and Web3.

Switzerland venture capital firm Tenity to expand investment in fintech and insurtech in Europe and Asia

Tenity (formerly F10), the Switzerland-based innovation ecosystem, and early-stage investor creating the future of finance, has on Thursday announced the first closing of its Tenity Incubation Fund I.