Author: TechNode Global Staff

Touchstone Partners and Temasek Foundation launch global climate innovations competition in Vietnam

Touchstone Partners, a Vietnam-based early-stage venture capital firm, and Temasek Foundation, a Singapore-based, non-profit philanthropic organization, have on Tuesday co-launched Net Zero Challenge 2023 (N0C 2023), a global climate innovations competition, in partnership with the Ho Chi Minh City Institute for Development Studies (HIDS). The competition…

Renewable energy manufacturing in Southeast Asia can generate $90B to $100B in sustainable revenue by 2030

Renewable energy manufacturing in Southeast Asia can generate $90 billion to $100 billion in sustainable revenue by 2030, said the Asian Development Bank (ADB) on Thursday. According to new research released by the Asian Development Bank (ADB), Bloomberg Philanthropies, ClimateWorks Foundation, and Sustainable Energy for All (SEforALL), the Southeast Asian…

Binance Labs invests in Delphinus Lab to support next era of Web3 applications

Binance Labs, the venture capital and incubation arm of Binance, has invested in Delphinus Lab, an infrastructure provider that has implemented the first known open-source zkWASM virtual machine that supports trustless computation and application SDKs. The funds invested will support the ongoing development of Delphinus Lab's zkWASM-based application rollup…

Singapore’s Neurowyzr raises additional $2.1M in seed funding co-led by Jungle Ventures and Peak XV’s Surge

Neurowyzr, a Singapore-based healthtech company specializing in enhancing brain health and developing state-of-the-art technologies to mitigate early brain decline, has raised an additional $2.1 million in an oversubscribed seed round. The round, jointly led by Jungle Ventures and Peak XV’s Surge (formerly Sequoia India and Southeast Asia), with…

US’s Axiom Space secures $350M in Series-C round led by Saudi and South Korean investors

Axiom Space has on Monday announced that it has secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts. Investments, led by Aljazira Capital and Boryung, will fuel continued growth for Houston-based space company building…

Singapore’s FlashIntel raises $10M in seed and angel investment

FlashIntel, a Singapore-based go-to-market intelligence platform, has announced a successful $10 million raise in its recent seed and angel investment phase. Notable investors backing this round include Celtic House Venture Partners, Uphonest Capital, and Hat-Trick Capital.

Singapore’s ZTX attracts $13M in funding to propel Web3 creator infrastructure

Singapore's Web3 virtual world and creator platform ZTX has successfully closed its $13 million seed round led by Jump Crypto. Notable investors also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and others.

Tracxn : Vietnam’s FinTech sector funding plunges 67 pct in first half amid global economic uncertainty

The FinTech sector in Vietnam has experienced a significant downturn in funding throughout 2023, largely attributed to the lingering effects of the funding winter and the prevailing global macroeconomic uncertainty, Technologies Ltd said on Friday. The first half of 2023 has seen a remarkable drop in Vietnam FinTech funding, with total funding dropping 67…

CapitaLand Ascendas REIT completes acquisition of fifth data center in the United Kingdom for $147M

CapitaLand Ascendas REIT Management Limited, as the manager of CapitaLand Ascendas REIT (CLAR), has announced the completion of the acquisition of a high-specification Tier III colocation data center facility in the United Kingdom for SGD 200 million ($147.49 million) from an unrelated global data center operator.