TechNode Global Staff

Hong Kong’s Insilico Medicine bags new investment led by Aramco-backed Prosperity7 Ventures

Insilico Medicine, a Hong Kong-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, announced Wednesday that it has completed a second closing of its Series D round, led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, bringing the total Series D financing to $95 million.

Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil

Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a new investment fund, in which both parties have committed…

CleverTap raises $105M in Series D funding round led by CDPQ

CleverTap, an India-founded business to business (B2B) software as a service (SaaS) platform for customer engagement and retention, announced Wednesday it has signed definitive agreements to raise $105 million in a Series D funding round led by CDPQ, a global investment group who committed $75 million in the funding.

Singapore’s Thunes expands into Saudi Arabia

Thunes, a Singapore-based cross-border payments company, announced Wednesday that it is accelerating the expansion of its services in the Middle East and North Africa (MENA) region, setting up an office in the Kingdom of Saudi Arabia, and appointing a new country head – Ahmad Yaacoub.

Ethis Group launches new Ethis Super Angel Syndicate

Ethical and Islamic investment, and social finance platform operator Ethis Group has on Tuesday re-launched the Ethis Super Angel (ESA), rebranding it as the ESA Syndicate this year. Initially started as a network within the Ethis community in 2020, ESA is a private group of angel investors from across the globe that invests in Shariah-compliant startups…

Google Cloud to bring its first cloud regions to Malaysia, New Zealand, and Thailand

Google Cloud on Wednesday announced its plans to bring three new Google Cloud regions to Malaysia, Thailand, and New Zealand, to meet growing demand for cloud services in Asia Pacific. The three regions will join six other previously announced Google Cloud regions, namely Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin.

Vietnam’s Society Pass acquires Thai media firm Thoughtful Media Group

Vietnam-based loyalty and ecommerce firm Society Pass Inc (SoPa), on Wednesday announced the acquisition of Thoughtful Media Group (TMG), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of TMG marks SoPa's first foray into Thailand and adds to…

Grab Philippines acquires motorcycle taxi firm MOVE IT

Grab Philippines has announced that it has acquired motorcycle taxi firm MOVE IT’s business operations. Backed by Grab and MOVE IT’s shared commitment towards safe and reliable mobility services for everyday Filipino commuters, Grab Philippines will help MOVE IT further scale its existing motorcycle taxi fleet and improve the efficiency of its platform.

Apple Pay launches in Malaysia

Thousands of retailers in Malaysia will accept Apple Pay, with support from some of the country’s most established banks across major credit and debit networks, Apple said