TechNode Global Staff
Global Brain partners with Meiji Yasuda Life Insurance Company on $39M corporate venture capital fund
Global Brain Corporation (Global Brain) and Meiji Yasuda Life Insurance Company (Meiji Yasuda) have jointly established “Meiji Yasuda Future Innovation Fund L.P.” with JPY 5 billion ($39 million) of committed capital.
Temasek participates in US’s EV battery maker ONE $300M funding
Our Next Energy Inc. (ONE), a United States-based energy storage technology company, has on Wednesday announced it has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion. The round was led by Fifth Wall and Franklin Templeton, and joined by ONE's Series A investors and new growth equity investors Temasek, Riverstone…
ION Mobility closes $18.7M Series A funding, brings TVS Motor Company on board as strategic investor
Singapore-based electric vehicle (EV) maker ION Mobility (ION) has on Thursday announced new investments of $18.7 million in its Series A funding round. Additionally, the company also brings TVS Motor Company on board as its strategic investor, through TVS Motor’s Singapore subsidiary, TVS Motor (Singapore).
Singapore Management University signs MOU with Kajima to jointly develop the built environment sector and shape future cities
Singapore Management University’s (SMU) Institute of Innovation and Entrepreneurship (IIE) has on Friday announced a three-year partnership with Kajima Asia Pacific Holdings Pte. Ltd., a wholly-owned Singaporean regional subsidiary of Kajima Corporation, a Japan-based construction and real estate firm (Kajima).
Grab appoints Adelene Foo as Managing Director of Grab Malaysia
Grab, a leading everyday superapp in Southeast Asia, has announced the appointment of Adelene Foo as Managing Director of Grab Malaysia, effective February 1, 2023. In her role, Foo will oversee the business strategy and operations of Grab’s businesses in Malaysia.
Carousell integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia
Carousell Group, the Singapore-based multi-category platform for secondhand, has integrated the Laku6 team's expertise and proprietary artificial intelligence (AI)-first diagnostic technology with Carousell Group's tens of millions of monthly active users across Greater Southeast Asia to launch new features to make selling and buying secondhand electronics…
Gobi Partners onboards Malaysian startups Durioo+, Lapasar, Paywatch and pitchIN to the Gobi Superseed II Fund
Gobi Partners, the Pan-Asian venture capital (VC) firm with $1.5 billion in assets under management, has onboarded four more promising Malaysian startups to its Gobi Superseed II Fund (Gobi SSIIFund). The four firms being onboarded are Islamic-themed streaming service Durioo+, e-commerce marketplace Lapasar, earned wage access provider Paywatch and online…
SUSI Partners sets up Southeast Asian renewables platform
Swiss clean energy fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has launched a platform for the development of utility-scale renewable energy assets in the Philippines, Vietnam, Indonesia, Cambodia, and other Southeast Asian markets in partnership with regional developer Pacific Impact.
Taiwan’s WeMo raises $15M from AppWorks to accelerate Southeast Asia expansion
WeMo Corp, a Taiwan-based urban mobility technologies firm, has on Wednesday announced the completion of a US$15 million Series A+ round of financing led by AppWorks, with participation from Taiwan National Development Fund.
