TechNode Global Staff

UK’s ICG invests in South Korean seasoning and condiment manufacturer Big Mama Seafood

ICG, the global alternative asset manager, announced Monday that its Asia-Pacific Corporate team has completed its investment in Big Mama Seafood, a premium seasoning and condiment manufacturer located in Tong Yeong, South Korea.

Singapore healthtech firm Qritive raises $7.5M led by MassMutual Ventures

Qritive, a Singapore-based healthcare artificial intelligence (AI) startup has on Monday announced that it has raised $7.5 million in a funding round led by MassMutual Ventures. The round was also supported by SEEDS Capital, the investment arm of Enterprise Singapore, and Exfinity Venture Partners.

Amplify Health acquires AI solutions firm AiDA Technologies

Amplify Health, a Singapore-based health solutions provider, has on Tuesday announced the acquisition of AiDA Technologies (AiDA), a provider of artificial intelligence (AI) solutions to companies in Asia Pacific.

Malaysia’s Incite Foodtech acquires Eatcosys to create ASEAN’S retail tech ecosystem

Incite Foodtech Sdn Bhd, a Malaysia-based food tech venture, has agreed to acquire Eatcosys Sdn Bhd, a homegrown retail technology solutions provider, to create ASEAN’S retail tech ecosystem.

SEEK: Tech jobs outpace Singapore’s overall job growth in 2022, demand for tech talent remains amidst layoffs

The growing demand for tech talent in Singapore remains strong despite the recent layoffs by tech companies, according to data from SEEK, the parent company of Asia’s leading job platforms JobStreet and JobsDB. SEEK JobStreet Singapore platform recorded a year on year growth of 63 percent in job ads for tech roles, which is a higher rate of increase than…

BytePlus partners EduSpaze to transform Singapore’s EdTech sector with machine learning

BytePlus, the enterprise arm of ByteDance that supports businesses in accelerating their digital transformation capabilities, has signed a Memorandum of Understanding (MoU) with EduSpaze, a leading Singapore-based education technology (EdTech) accelerator, to tranform Singapore's EdTech sector with machine learning.

South Korean startup Toonit launches Canva-like tool for graphic narratives

Korean startup Toonit, is launching the Canva, a web-based illustrator for anyone to easily create webcomics, graphic novels, book illustrations, and other visual content.

Wesley Tay joins as a Principal at East Ventures

Indonesia-based venture capital firm East Ventures announced Tuesday that Wesley Tay joins East Ventures as its new Principal. Wesley will oversee the investments focusing on the seed stage, and will be based in Singapore.

Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer

Malaysia's Penjana Kapital Sdn Bhd (Penjana Kapital), announced Monday it has signed a memorandum of cooperation with Indonesian-focused private investment firms Indies Capital Partners and AC Ventures (ACV), for cross-border investments and technology transfer.

Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects

Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).