TechNode Global Staff

Malaysia’s Petronas partners Waygate Technologies to commercialise co-developed robotic inspection solution

Petroliam Nasional Berhad (Petronas)'s technology commercialization arm Petronas Technology Ventures Sdn Bhd (PTVSB) said Friday it has entered into a partnership with Waygate Technologies Robotics AG (WTR) to commercialise a jointly developed robotic inspection device and scale its utilisation in the oil and gas industry. Based on the BIKE robotic system,…

Pakistan’s COLABS raises $3M seed fund led by Indus Valley Capital, Zayn Capital & Fatima Gobi Ventures

COLABS has raised $3 million in a seed round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. The round was also joined by Shorooq Partners, Kinnow Capital, Muir Capital, Sai Ventures, and some key angels, including Turner Novak, William Hockey, and Teddy Himler.With this investment, COLABS aims to knit together a community of 100,000…

Singapore’s FOMO Pay partners with Circle to use USD Coin for product offering

FOMO Pay Pte. Ltd. announced Thursday it has entered into a strategic agreement to collaborate with Circle Internet Financial, LLC (Circle). FOMO Pay will integrate USDC into its services, allowing its merchant, corporate and financial institution clients to seamlessly convert between USDC and fiat currency. This will take advantage of the inherent…

Singapore biotech firm Nalagenetics raises $12.6M Series A funding co-led by Intudo Ventures and Vulcan Capital

Nalagenetics announced Friday the closing of a $12.6 million Series A round of financing co-led by Intudo Ventures and Vulcan Capital. The round also saw participation from strategic investors, including Singapore-based Diagnostics Development Hub (DxD Hub) through the Agency for Science, Technology and Research’s (A*STAR) A*ccelerate Technologies Pte Ltd,…

Singapore’s prePO raises $2.1M in strategic round led by Republic Capital, IOSG Ventures

PrePO has closed a $2.1 million strategic round led by Republic Capital and IOSG Ventures, turbocharging its mission to democratize pre-public investing. Other participants in the round including MEXC, AscendEX, GCR, Shima Capital, Caballeros Capital, Dexterity Capital, HoneyDAO, NeptuneDAO; Founders from Gnosis, 1inch, Moonbeam, Zapper, Gelato, BarnBridge,…

South Korea’s Krafton partners with Solana Labs for blockchain-based games and services

Krafton, Inc. announced Thursday the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services. Through this agreement, Krafton and Solana Labs are poised to build a long-term cooperative relationship for the development and operation of blockchain- and non-fungible token (NFT)-based games…

2C2P partners with ShopeePay to boost digital payments in Southeast Asia

2C2P and ShopeePay announced Wednesday a new partnership to increase access to digital payments for consumers and merchants by enabling ShopeePay as a payment option to 2C2P’s extensive merchant network across five markets in Southeast Asia. The move will enhance connectivity to the digital economy, a key driver of regional economic development. With…

Securities Commission Malaysia registers two initial exchange offering operators

The Securities Commission Malaysia (SC) announced Wednesday that it has registered two initial exchange offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd, to promote responsible innovation in the digital assets space. The registered IEO operators will provide an alternative avenue for eligible companies to raise funds via the…

Malaysia’s iPrice Group raises $5M from Itochu Corporation and KDDI Corporation

iPrice Group, Malaysia-based price comparison platform, announced Wednesday that it has raised $5 million of additional funding led by Japan-based firms Itochu Corporation and the KDDI Open Innovation Fund III (operated by Global Brain Corporation). The additional funding will bolster iPrice’s role in finding shoppers the best deals as Southeast Asia’s…

Indonesian aquaculture startup DELOS secures $8M seed extension round co-led by Centauri Fund and Alpha JWC Ventures

DELOS has raised $8 million in seed extension financing co-led by Centauri and Alpha JWC Ventures. The round was joined by existing investors, Number Capital, Arise, iSeed SEA, Irvan Kolonas, as well as Alto Partners Multi-Family Office, Mahanusa Capital, Kopi Kenangan Founder James Prananto, and a number of strategic follow-on investors, The company plans…