Author: TechNode Global Staff

Grease Monkey Games partners with Mishimoto for Torque Drift 2

Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has joined forces with Mishimoto, the leader in car cooling aftermarket parts, for the upcoming Torque Drift 2.

Gaw Capital Partners partners A3 Capital to launch Infinaxis Data Center in Malaysia

Hong Kong-based Real estate private equity firm Gaw Capital Partners announced Thursday that the firm has formed a joint venture platform with Singapore-based real estate investment platform A3 Capital to invest into greenfield and under-performing data centre assets across key markets in the Southeast Asia region.

Vietnam’s FPT Software acquires Intertec International’s IT services division

Vietnam’s technology firm FPT Software, has on Wednesday announced its acquisition of Intertec International’s (Intertec) IT services division, to further strengthen its North American nearshore delivery capabilities.

Grab to breakeven earlier than expectation after recording narrowed losses

Singapore-based superapp Grab sees the firm to breakeven earlier than expectation after it recorded narrowed losses in 2022. Grab expects its revenue to come in between $2.20 billion and $2.30 billion in 2023. It also forecast its loss before interest, taxes, depreciation, and amortization to be at between $275 million and $325 million in 2023, smaller than…

Southeast Asia & South Asia see 83% drop in fintech startups; investors opt for risk-averse strategies

The countries of South and Southeast Asia saw a year on year decline of 83 percent in new fintechs in 2022, with only 349 startups emerging in the region, says Robocash Group.

Two members of VinFuture Prize Council and Pre-screening Committee elected to the US National Academy of Engineering

Professor Thuc-Quyen Nguyen, co-chair of the VinFuture Prize Pre-screening Committee, and Dr. Xuedong Huang, a member of the VinFuture Prize Council, have recently been elected to the United States National Academy of Engineering (NAE), which is considered one of the highest honors within the engineering field.

100 Soonicorns selects 24 Founders for its first 2 cohort

ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana Kapital) and Malaysia Digital Economy Corporation (MDEC), have announced the selection of the first 2 cohorts of 24 Founders for the 100Soonicorns program designed to groom the next unicorns of Malaysia.

Singapore’s Willowmore secures Series A+ funding from SEEDS Capital, Oriza Greenwillow Technology Fund

Willowmore Pte Ltd, a Singapore-based smart access, internet of things (IoT) and analytics technology company, has on Thursday announced the successful completion of its Series A+ funding round. The funding round was led by Oriza Greenwillow Technology Fund, a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, and Oriza Holdings.

GetGo raises $15M investment from Treïs to accelerate shared and sustainable mobility

GetGo Technologies (GetGo), a Singapore-based carsharing platform, has on Thursday announced a SGD20 million ($14.98 million) investment from Treïs, a family-backed investment group.

AIA Singapore partners WhiteCoat to launch digital mental health solution

AIA Singapore (AIA), the leading life insurer in employee benefits, and WhiteCoat Holdings Pte. Ltd. (WhiteCoat), Southeast Asia's leading digital health company, have partnered to provide end-to-end digital mental healthcare solutions covering mental wellbeing through to mental health therapy.