TechNode Global Staff
ADB leads $135M climate financing package to support electric mobility in Vietnam
The Asian Development Bank (ADB) mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
Indonesia’s FitHappy secures pre-seed funding from East Ventures
FitHappy, an Indonesian-based healthtech startup, announced Monday that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.
Singapore’s Navigate Commodities raises $378,000 seed funding from Stellar James Management and Palmm
Singapore-based commodities intelligence startup Navigate Commodities said Friday it has bagged SGD$541,000 ($378,045) in a pre-Series A seed funding round joined by Stellar James Management Pte Ltd and Palmm Pte Ltd.
SGTech sees Singapore’s digital trust to grow to $3.36B in next five years
SGTech, the premier trade association for the tech industry in Singapore, on Friday launched a holistic and comprehensive landscape report into digital trust, which details how Singapore could grow the digital trust sector by nearly three-fold by 2027 – from S$1.7 billion ($1.19 billion) currently to S$4.8 billion ($3.36 billion).
Indonesia’s Runchise raises seed funding led by East Ventures
Runchise, a restaurant management startup and culinary franchise in Indonesia, announced Friday the completion of seed funding led by East Ventures.Other investors participating in this funding round include Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors.
Indonesia’s Xurya receives additional funding from Mitsui to top $33M Series A
PT Xurya Daya Indonesia (Xurya), a solar power rental and installation startup, has received additional series A funding from global trading and investment company Mitsui & Co., Ltd. (Mitsui) and PT Surya Semesta Internusa Tbk (SSIA). Its total funds obtained through series A reached 33 million US dollars following the raise.
Singapore’s AUM Biosciences plans to go public via SPAC merger
Singapore-based biotechnology company AUM Biosciences (AUM) plans to go public on Nasdaq via a special purpose acquisition company (SPAC) merger with Mountain Crest Acquisition Corp.
Malaysia’s K-One to conduct cloud computing business in Vietnam
Malaysian technology solutions provider K-One Technology Berhad (K-One Tech or K-One Group) plans to establish a joint venture in Vietnam to conduct cloud computing business.
India’s Zoomcar bags $10M financial investment in connection with the merger with Innovative
India-based car sharing platform Zoomcar announced Wednesday $10 million financial investment in connection with the merger with Innovative International Acquisition Corp, a United States-listed special purpose acquisition company.
Funding Societies Malaysia appoints Chai Kien Poon as Malaysia Country Head
Funding Societies Malaysia has announced the appointment of Chai Kien Poon as Country Head of Malaysia. In his new role, he will be responsible for managing day-to-day operations of Funding Societies in Malaysia, as well asdriving strategic business partnerships and initiatives for the largest and leading small and medium-sized enterprise (SME) digital…
