Author: TechNode Global Staff

India’s RedBrick AI raises $4.6M seed funding led by Surge, Sequoia Capital India and Southeast Asia

Indian health-tech artificial intelligence (AI) platform RedBrick AI has on Wednesday announced a $4.6 milion seed funding round to accelerate the development and adoption of artificial intelligence in clinical settings, through rapid data annotation on medical imagery. The round was led by Surge, Sequoia Capital India, and Southeast Asia’s rapid scale-up…

Singapore’s NOVI Health raises $5M in Series A round led by Monk’s Hill Ventures

NOVI Health, a Singapore-based provider of technology-enabled chronic disease and preventive healthcare, announced Thursday the closing ofits Series A fundraising, securing $5 million, led by Monk’s Hill Ventures. The funding will be used to accelerate hiring for its technology, growth, and product teams, while also investing further in its…

ZA Bank integrates Wise to become first HK bank to launch low-cost international transfers in Hong Kong

Hong Kong’s virtual bank ZA Bank and United Kingdom-based financial technology firm Wise has jointly announced a partnership on Wednesday to offer low-cost and quick international money transfers to Hongkongers. This partnership marks two firsts: ZA Bank becoming the first bank in Hong Kong to provide international money transfers with no exchange rate…

East Ventures launches the fourth initiative of Indonesia PASTI BISA to support digital ecosystem

East Ventures, the Singapore-based venture capital firm that has supported over 250 tech companies across Southeast Asia, has on Wednesday launched the fourth initiative of Indonesia PASTI BISA, namely Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM, to revive and support the digital ecosystem in Indonesia.

Accelerating Asia announces investments into ten startups for 7th cohort

Accelerating Asia, a Singapore-based venture capital accelerator focused on pre-Series A startups has invested in ten new companies from across Asia Pacific as part of its 7th cohort. The new investments take the venture capital accelerator’s portfolio to 60 startups who have raised a total of over $50 million, with Cohort 7 having raised $5.2 million prior…

Philippine tech ecosystem remains resilient but faces talent issue, Gobi-Core report shows

While the Philippine tech ecosystem remains resilient amid global economic headwinds, the country’s talent pool must grow in tandem to support the birth and growth of local startups, according to the Gobi-Core State of Talent in Tech 2022 report revealed on Wednesday.

DBS becomes first bank in Asia to complete intraday repurchase transaction on a blockchain based network

Singapore-based bank DBS announced Wednesday that it has become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase application on Onyx Digital Assets, a blockchain based network which supports instant settlements and maturity of the transactions within hours instead of the current industry norm of one…

Singapore-based climate tech start-up URECA closes Pre-Seed funding round at $1.5M

URECA, a Singapore-headquartered climate tech company, has announced on Tuesday the close of its pre-seed fundraising round at $1.5 million, exceeding the company’s original target to raise $1 million. This funding will be used to scale URECA’s operations across Southeast Asia and to accelerate the launch of its unique marketplace that enables people to…

Australia’s Sapia.ai raises $17M Series A funding led by Macquarie Capital & W23

Building on the continuing success of its artificial intelligence (AI) solution in delivering diversity and inclusion in hiring, Australian AI-powered recruitment firm Sapia.ai on Tuesday announced a $17 million Series A raise led by Macquarie Capital and Woolworths Group's W23 venture capital arm.

Yangzijiang Financial partners Heliconia Capital to launch $109M fund to invest in Southeast Asian SMEs

Singapore-listed financial firm Yangzijiang Financial Holding Ltd, has partnered with Temasek-backed investment firm Heliconia Capital Management Pte. Ltd. (Heliconia), to launch S$150 million ($109 million) fund to invest in promising small and medium enterprises (SMEs) in Singapore and other Southeast Asian countries.