Author: TechNode Global Staff
Study shows bearish funding forecasts prompt focus on profitability among Filipino startups in 2024
Filipino startup founders are pessimistic on funding climate in 2024, and are shifting focus to profitability, a study showed Thursday.
Malaysia’s Meals in Minutes nets $1.5M from 500 Global to scale operations in Malaysia, Singapore, and the UK
Malaysian-based food startup Meals in Minutes has on Wednesday announced that it has successfully secured $1.5 million in a seed round. The round is led by an early-stage venture fund and seed accelerator, 500 Global, with participation from a private investor.
Malaysia’s Techna-X acquires 51 percent stake in IT firm Netsec
Malaysia-based energy storage and digital transformation enabler Techna-X Bhd (Techna-X) and information technology (IT) firm Netsec Sdn Bhd (Netsec) have on Wednesday announced the formation of a groundbreaking joint venture that aims to revolutionize the cybersecurity landscape in Malaysia and beyond. This strategic partnership will see Techna-X acquiring…
BCX inks deal with MPIA to enhance voluntary renewable energy certificates market
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Malaysian stock exchange Bursa Malaysia Berhad, has announced a strategic collaboration with the Malaysian Photovoltaic Industry Association (MPIA), marking a significant step in the enhancement of Malaysia’s voluntary renewable energy certificates (RECs) market.
Australia’s Prota Therapeutics secures $21M in financing led by SPRIM Global Investments
Prota Therapeutics Pty Ltd (Prota), an Australian biotechnology company focused on the development of novel oral immunotherapy treatments that induce remission of allergy, has on Tuesday announced financing of $21 million in equity and debt financing. The round is led by Singapore-based SPRIM Global Investments (SGI).
Temasek-backed ABC Impact secures first close of Fund II with support from new investors
Temasek-backed private equity firm ABC Impact has announced the successful first closing of its second impact fund, ABC Impact Fund II. Launched in August 2023, ABC Impact Fund II has garnered support from new investors, notably a Southeast Asian sovereign wealth fund.
Rently launches Singapore’s property management platform
Rently, a Singapore based fintech startup with a mission to redefine the property industry, has officially announced its launch in Singapore. The firm is currently in the seed stage and will execute a Series A funding in the first quarter of 2024 to scale its operations, grow its footprint in the Singaporean rental market, and expand to other geographies.
Singapore-based agritech firm DayaTani secures $2.3M seed round financing
In a significant move towards transforming agriculturaltechnology in Indonesia, DayaTani, a farming focused agritech startup based in Singapore, has announced its successful acquisition of $2.3 million in seed round financing. The round sees participation by prominent venture capitalists namely KBI Investment and MDI Ventures backed Ascent Venture Group who…
Binance Thailand digital asset exchange opens for trading
Gulf Binance Co., Ltd. (Gulf Binance), the joint venture between Binance’s subsidiary and Gulf Innova Co. Ltd., is launching full operations of its digital asset exchange and brokerage platform in Thailand, Binance TH by Gulf Binance (Binance TH), making it accessible to the general public.
