TechNode Global Staff

Philippines Packworks raises $2M seed round led by Fast Group and CVC Capital Partners

Philippines technology startup Packworks said Thursday it has raised $2 million seed round to launch mobile enterprise resource planning (ERP) platform for 150,000+ Sari-Sari store-partners in the Philippines. The seed round is led by leading end-to-end logistics group Fast Group and global private equity firm CVC Capital Partners, with participation from…

Singapore’s Helicap lists private credit fund on ADDX

Helicap Investments has listed its flagship fund, Helicap Fund I, on the private market exchange ADDX to improve financial inclusion for underserved individuals as well as micro- to small- and medium-sized enterprises in Southeast Asia, and to empower partner institutions to transform the way consumers and SMEs access credit.

Singapore’s SDAX launches integrated digital investment and trading platform

SDAX, a Singapore-based integrated digital investment and trading platform regulated by the Monetary Authority of Singapore (MAS), has official launched. SDAX offers access to curated institutional-grade investments focusing on real estate and environmental, social, and governance (ESG) to institutional, accredited and retail investors.

Malaysia’s Meradue Services partners with MDV to facilitate global growth and expansion

Meraque Services Sdn Bhd (Meraque), a Malaysian drone tech company, announced Wednesday that the company is partnering with Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI), to facilitate global growth and expansion.

Indonesia’s IDEAL locks in $3.8M funding co-led by AC Ventures and Alpha JWC

Indonesia-based digital mortgage platform IDEAL announced Wednesday that it has raised a $3.8 million pre-seed funding round co-led by AC Ventures and Alpha JWC. The startup will use the capital injection to focus on product development, hiring, and expanding its offerings.

Hong Kong’s Dash Living acquires Japan’s flexible accommodation firm IntheHood Hospitality

Dash Living, a Hong Kong-based serviced co-living community, announced Tuesday that it has expanded its presence in Japan through the acquisition of Tokyo-based IntheHood Hospitality via a share-swap based merger and acquisition (M&A) agreement.

Singapore’s Carousell acquires Indonesian recommerce platform Laku6

Carousell Group, the Singapore-based recommerce group, announced Tuesday that it has acquired control of Laku6, the artificial intelligence (AI)-first end-to-end electronics recommerce platform in Indonesia, to bolster expansion Of electronics recommerce in Greater Southeast Asia.

Singapore’s Mighty Bear Games raises $10M led by Framework Ventures

Mighty Bear Games, a Singapore-based multi-platform game development studio, announced Tuesday a $10 million round to launch its blockchain division and develop a series of immersive AAA web3 games that are novel, fair and thoughtful. The round was led by Framework Ventures.

Airasia Super App achieves record high growth in average monthly active users

Capital A Berhad's digital businesses, airasia Super App achieved a record high growth in average monthly active users (MAU) which stood at 10.6 million in the second quarter of 2022, up 236 percent compared to the same period last year.