Author: TechNode Global Staff

Singapore’s Hydroleap raises $4.4M in Series A funding led by Real Tech to enter new APAC markets

Hydroleap, the next-generation green wastewater technology company headquartered in Singapore, has on Tuesday announced it has raised $4.4 million in Series A funding. The funding round was led by Japanese Venture Capital firm Real Tech Holdings, and joined by a mix of new and existing corporateinvestors such as Mitsubishi Electric, Seeds Capital, Wavemaker…

Singapore’s Thunes extends Series C funding to $72M with support from Visa, EDBI, Endeavor Catalyst

Thunes, the Singapore-based business to business (B2B) payment infrastructure platform, has on Monday announced it has extended its Series C funding to $72 million backed by three prominent investors Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor, have…

Indian open-source low-code platform ToolJet raises funding from Microsoft’s M12 Fund, GitHub

ToolJet, the open-source low-code platform for developers in India, announced Monday that it has secured an investment from M12, Microsoft’s venture fund and GitHub via the M12 GitHub Fund to fuel its next stage of growth.

Tracxn: Vietnam’s tech startup ecosystem sees 82 percent plunge in funding

Total funding into Vietnam tech startups fell 82 percent to $66 million in the first half of 2023 from $372 million in the first half of 2022, indicating a funding winter in the region, Tracxn Technologies Ltd. said Monday.

AEON Credit Service partners Aeon Financial Service to undertake digital Islamic bank business in Malaysia

Malaysia's financial service firm AEON Credit Service (M) Berhad has partnered Japan-listed financial institution Aeon Financial Service Co. Ltd. (AFS) to undertake the business of a digital Islamic bank in Malaysia.

Malaysia’s Ni Hsin partners UNIVERSITI TEKNIKAL MARA to promote EV motorcycles

Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia main market-listed Ni Hsin Group Berhad, has signed a letter of intent (LOI) with UNIVERSITI TEKNIKAL MARA SDN. BHD. (UnIKL), to promote the innovative electric motorcycles known as EBIXON EV Motorcycles.

FinTech investments in ASEAN soars to $4.3B in the first nine months of 2022, says report

FinTech investments in ASEAN clocked in at $4.3 billion in the first nine months of 2022 — higher than the combined sum from 2018 to 2020, said a report Friday. According to the report released by professional services firm PwC Singapore, the Singapore Fintech Association (SFA) and Singapore Economic Development Board (EDB), with emerging economies, an…

Cybersecurity funding falls 63 percent in second quarter, says Crunchbase

Venture funding for cybersecurity dropped to just slightly more than $1.6 billion in the just completed second quarter — a 63 percent drop from the same quarter last year when startups saw nearly $4.3 billion, Crunchbase said on Tuesday.

AC Ventures, BCG see potential value of up to $400B for green growth economy in Indonesia

The value of Indonesia’s green growth opportunity is at $400 billion, combining industry revenue and carbon offset potential, said AC Ventures (ACV) and Boston Consulting Group (BCG) on Thursday. The green growth in Indonesia involves three key focus areas – strategy and professional services (a $46 billion potential market by 2030), solutions that optimize…

Indian SaaSOps platform Zluri raises $20M in funding round led by Lightspeed

Indian software as a service (SaaS) operations(SaaSOps) platform Zluri has on Thursday announcing a $20 million funding round. The Series B funding round was led by Lightspeed, with participation from existing investors including MassMutual Ventures, Endiya Partners and Kalaari Capital.