Author: TechNode Global Staff

Australian drone firm Swoop Aero said Tuesday it has completed a $16 million Series B venture capital raise, following over two years of continuous drone delivery of medical supplies across Africa, and delivering over 800,000 items by drone. The successful Series B raise was led by Australia’s premier deep tech venture capital (VC) fund, Main Sequence.

Go1, an Australia-based corporate education content hub for on-demand training and resources, announced Monday it has raised over $100 million in its latest funding round closed in May. The round brings Go1’s total funding to over $400 million, increasing the company's valuation to over $2 billion. Participants in the round include AirTree Ventures, Blue…

JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…

Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world.

Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd (Gorilla), a next generation Web3-enabled mobile virtual network operator (MVNO). SoPa said it will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of…

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.

Shell Malaysia Trading Sdn Bhd announced Friday that it has agreed to acquire 50 percent shareholding in Pixelbyte Sdn Bhd, the company operating ParkEasy – a mobile application software that not only lets drivers park quickly in shopping malls and other locations, but also the only service in Malaysia to offer a pre-booked slot for electric vehicle (EV)…

FTX Trading Ltd.(FTX), a Bahamas-based cryptocurrency exchange, announced Thursday that it has launched FTX Japan to service Japanese customers. FTX Japan, operating via FTX Japan K.K. (FTX Japan), is a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder.

Simon-Kucher said Thursday that it estimates there are currently close to 400 neobanks around the world, together serving nearly one billion client accounts. However, despite their lofty valuations, it found that only five percent of these challenger banks have managed to reach a breakeven point.