TNGlobal Staff

Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects

Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).

Global IPO market went from record-breaking to full-on abating, says EY

After a record-breaking 2021, the global initial public offering (IPO) market took a sharp turn in the opposite direction in 2022, EY said on Monday. With only 1,333 IPOs raising $179.5 billion, IPO activity dipped 45 percent and 61 percent by number of deals and proceeds, respectively, year-over-year (YOY).

Indonesia’s FLIK secures $1.1M pre-seed funding led by East Ventures

FLIK, an Indonesian-based startup that provides a unified checkout solution, announced Monday that it had secured $1.1 million of pre-seed funding led by East Ventures. The round also saw the participation of Init-6, GMO VenturePartners, and Saison Capital. 

SCB 10X invests $1.5M in the seed round of Token Unlocks

SCB 10X, the venture investment arm of Thailand's SCBX group, announced Tuesday that it has invested $1.5 million in the seed round of Token Unlocks, a comprehensive token vesting dashboard and tokenomics insights platform. According to the statement, Token Unlocks will use proceeds from this seed funding round to expand its team across the globe to drive…

Malaysia’s Computer Forms partners with Thailand’s Energy Absolute for electric vehicles venture

Malaysia's listed firm Computer Forms (Malaysia) Berhad has partnered Thailand's public listed firm Energy Absolute Public Company Limited (EAPCL) for electric vehicle (EV) joint venture.

Malaysia’s WorqApp raises $1M seed funds to launch super app for effective execution

WorqApp, a Malaysia-based all-in-one platform built for effective enterprise execution, has on Friday announced that it has recently closed a pre seed round of $1 million with Malaysian and foreign investors teaming together.

VinFast partners with Vayyar Imaging to enchance safety and driving experience

Vietnamese car maker VinFast and Israeli semiconductor company Vayyar Imaging have on Thursday announced a partnership to enhance driving experience and safety by integrating in-cabin radar technology to the latest VF 6 and VF 7 models.

Singapore’s Evo Commerce bags $2M Pre-Series A funding backed by GSR Ventures, East Ventures

Singaporean health and wellness brand builder Evo Commerce has on Thursday announced the completion of its recent Pre-Series A funding round of $2 million, backed by GSR Ventures. The funding round saw key investors including 33 Capital, Rainforest Chief Executive Officer and Co-Founder JJ Chai, Co-Founder of Wallex Hiro Kiga, Co-Founder of BrideStory Emile…

Society Pass’s NusaTrip opens regional office in Singapore

NusaTrip, Indonesia's first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (SoPa), has on Wednesday announced the opening of its first regional office in Singapore and first office outside of Indonesia.

MYStartup Accelerator Program Cohort 2 offer funding and opportunities for tech startups

MYStartup is bringing back its exclusive Accelerator Programme to provide a second batch of startups with world-class mentorship, guidance, resources, funding and investment opportunities to help them grow their businesses.