TechNode Global Staff

Singapore’s FOMO Pay raises $13M Series A round led by Jump Crypto

Singapore-based FinTech firm FOMO Pay, announced Thursday that it has secured a $13 million investment for its Series A round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital

Deliveroo, Foodpanda and Grab jointly launch digital platforms industry association in Singapore

The three major food delivery platform companies, Deliveroo, Foodpanda and Grab, have come together to launch the Digital Platforms Industry Association (DPIA). Through the association, these platform companies will strengthen the frameworks, guidelines, and policies that support their delivery partners and merchants.

Malaysian businesses harness technology to increase efficiency, says CPA Australia

Most Malaysian businesses are planning to accelerate their use of technology over the next year, to drive efficiency and tap into bigger profit opportunities, according to CPA Australia's Business Technology Survey 2022.

Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia

Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.

Indonesian proptech firm Kabina raises seed funding led by East Ventures

Kabina, a property and construction startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, with the participation from several notable angel investors, including Sandra Dewi.

Taiwan’s TenMax opens new office in Indonesia to grow Southeast Asia footprint

Taiwan-based artificial intelligence (AI) Martech firm, TenMax, announced Wednesday the opening of TenMax Indonesia, the company’s fifth regional office in Asia after Taiwan, Vietnam, Malaysia, and Japan. The firm plans to bring its full line-up of proprietary AI ad-targeting and martech solutions to the Indonesian market.

Singapore deep-tech firm Quantified Energy Labs secures $1.5M angel funding

Singapore deep-tech firm Quantified Energy Labs Pte. Ltd. (QE-Labs) announced Wednesday that the company has secured $1.5 million angel round funding from investor Liu Xiaosong, for accelerating its commercialization of the company’s proprietary autonomous drone electroluminescence (EL) mapping technology.

Singapore’s MiyaHealth raises additional pre-series A funding for global expansion

MiyaHealth, a Singapore-based HealthTech start-up, has raised an undisclosed sum in additional funding from leading healthcare and technology investors including HealthXCapital, Central Capital Ventura, and SEEDS Capital. The fresh funds will be used to accelerate the company’s product development, hiring, and expansion plans.

NTU Singapore, Algorand to launch blockchain education and research center in Singapore

Nanyang Technological University, Singapore (NTU) has been selected by Algorand Foundation, the world’s most green and secure blockchain ecosystem, to host a new research and education centre aimed at developing and advancing blockchain technologies.

Sea Limited net loss widens in second quarter

Singapore-based consumer internet firm Sea Limited said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.