TechNode Global Staff

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.

NEC, Animoca Brands, Gryfyn team up for Web3 space collaboration

With the aim of creating and expanding the digital wallet market in the Web3 area, Japanese technology firm Nippon Electric Company, Limited, (NEC) has entered a memorandum of understanding with Hong Kong-based Wed-3 firm Animoca Brands Corporation Limited (Animoca Brands) and Gryfyn Holdings Limited (Gryfyn), a joint venture between Animoca Brands and Hex…

Singapore’s Horizon Quantum Computing raises $18.1M Series A funding from Sequoia Capital India, Tencent and others

Horizon Quantum Computing, a Singapore-based company building software development tools to unlock the potential of quantum computing hardware, announced Friday that it has raised $18.1 million Series A investment from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital and Expeditions Fund.

Mobee obtains license to operate digital asset exchange in Indonesia; raises funds led by 1982 Ventures

Indonesian digital assets and securities Mobee has launched its newly registered digital asset exchange in Indonesia. The firm has also closed its funding round led by leading fintech fund 1982 Ventures and strategic Indonesian family offices and individuals.

Animoca Brands Japan invests $113M in LMI Group

Animoca Brands Japan, a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), announced Thursday that it has invested JP¥150 million ($112.8m) into LMI GROUP Inc. (LMI).

Shopee survey shows new generation of Malaysians shop value-based online

New generations of Malaysians are shopping with purpose online as Shopee's marketplace data shows online consumers are three times more likely to buy products that promote smarter consumption in 2023 than in 2020.