TechNode Global Staff

Malaysia’s MDEC to partner with Asean Fintech Group to facilitate funding opportunities to Malaysian tech companies

The Malaysia Digital Economy Corporation (MDEC) in collaboration with ASEAN Fintech Group (AFG), announced Wednesday a strategic partnership to enhance initiatives aimed at scaling up Malaysian fintech companies. Their collaborative efforts will focus on three key areas, namely deal flows, fintech ecosystem support and joint amplification. MDEC will curate…

Indian crypto investment startup Flint banks $5.1M funding led by Sequoia Capital India and GFC

Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.

Taiwan’s Gogoro inks two partnerships to establish an open electric mobility and battery swapping ecosystem in Indonesia

Gogoro Inc announced the two new strategic initiatives that drive momentum in Indonesia. It has partnered Hon Hai (Foxconn), Indonesia Battery Corporation (IBC) and Indika Energy to jointly develop a sustainable electric vehicle ecosystem in Indonesia that establishes the foundation for an open industry. It has also expanded its partnership with Electrum,…

Singapore gaming firm Refract secures over $6M funding led by Sea Limited

Refract has secured over $6 million to continue the development of its AXIS motion capture technology, following the creation of an extended reality (XR) game development division. The Series A funding round saw investment from a number of investors anchored by Sea Limited,

Malaysian perfume startup Scentses + Co receives seed investment from conglomerate MUI Bhd

Scentses + Co has announced a strategic partnership and a lead investment from Malayan United Industries Bhd (MUI) through its venture arm, Pan Malaysia Ventures Sdn Bhd under Pan Malaysia Corporation Bhd. By leveraging the strength and backing of the conglomerate, Scentses + Co is set to further catapult the company’s growth towards achieving an annualised…

Spain’s ClimateTrade closes $7.92 million pre-Series A, targets another $14.71 million to expand world’s first climate marketplace in new markets

ClimateTrade has raised €7 million ($7.92 million) in a Pre-Series A closed in Europe in late 2021, and is raising another €13 million ($14.71 million) in a US-focused round set to close upon ClimateTrade’s US reincorporation in the next five months. In total, the company is targeting €20 million ($22.63 million) of funding for international……

NFT game project Slime Royale receives strategic investment from Vietnamese game firm Appota Group

Slime Royale has announced a strategic investment and incubation support from Appota Group. The Appota Group's investment and companionship would help Slime Royale access Appota Group's ecosystem of more than 50 million users.Additionally, with their experience in game publishing, Appota Group will provide appropriate strategic advice to make Slime Royale…

Taiwan podcast firm SoundOn Global receives strategic investment From Taiwan Mobile

SoundOn Global has received a strategic investment from Taiwan’s telecommunications group Taiwan Mobile.

Indonesia’s Lumina is backed by Y-Combinator and Alpha JWC to build job community platform for the working class

Lumina announced Monday the company is now backed by Y Combinator (YC) and Alpha JWC Ventures. With the funding, Lumina plans to triple the size of its engineering team where the company aspires to build a world class team of mission-driven technologists.

Malaysian venture capital firm 1337 Ventures launches new $290,000 fund for Malaysian startups

1337 Ventures announced a new MYR1.2 million ($290,000) 1337 Accelerator Fund I to invest into promising early-stage Malaysian startups.The new fund is open to seed-stage startups across any industry, from fintech, edtech to healthtech,