TNGlobal Staff
Singapore’s AUM Biosciences plans to go public via SPAC merger
Singapore-based biotechnology company AUM Biosciences (AUM) plans to go public on Nasdaq via a special purpose acquisition company (SPAC) merger with Mountain Crest Acquisition Corp.
Malaysia’s K-One to conduct cloud computing business in Vietnam
Malaysian technology solutions provider K-One Technology Berhad (K-One Tech or K-One Group) plans to establish a joint venture in Vietnam to conduct cloud computing business.
India’s Zoomcar bags $10M financial investment in connection with the merger with Innovative
India-based car sharing platform Zoomcar announced Wednesday $10 million financial investment in connection with the merger with Innovative International Acquisition Corp, a United States-listed special purpose acquisition company.
Funding Societies Malaysia appoints Chai Kien Poon as Malaysia Country Head
Funding Societies Malaysia has announced the appointment of Chai Kien Poon as Country Head of Malaysia. In his new role, he will be responsible for managing day-to-day operations of Funding Societies in Malaysia, as well asdriving strategic business partnerships and initiatives for the largest and leading small and medium-sized enterprise (SME) digital…
Shift4Good completes its first closing over $98M to invest in sustainable mobility start-ups
Singapore and France-based venture capital fund Shift4Good, announced Tuesday the first closing of over €100 million ($98 million) Shift4Good Fund 1 to invest in sustainable mobility start-ups.
Vietnam’s VinFast scoops Autobest The Rising Star award
VinFast, the first Vietnamese electric vehicle (EV) manufacturer, has received the Autobest The Rising Star award in a ceremony at the 2022 Paris Motor Show. The award is to recognise the rapid emergence of VinFast: from a newcomer to leading the pack of ambitious new automotive brands in Europe.
India’s Drivetrain raises $15M from Elevation Capital, Jungle Ventures, and Venture Highway
Drivetrain AI, Inc., an India-based financial planning, monitoring and decision-making platform, announced Wednesday that it has raised $15 million in funding from Elevation Capital, Jungle Ventures, and Venture Highway.
Canada’s ChainSafe raises $18.75M Series A funding led by Round13
ChainSafe Systems, a Canada-based blockchain infrastructure firm, announced Tuesday that it has secured $18.75 million in an oversubscribed Series A funding round. The investment was led by Round13 with participation from new investors NGC Ventures, HashKey Capital, Sfermion, Jsquare, and returning investors ConsenSys, Digital Finance Group, and Fenbushi…
Wise Singapore doubles headcount in 2022, to hit over 400 employees by year end
Wise, the global tech company building the best way to move money around the world, announced Wednesday it is bolstering its Asia ambitions, with the company on track to hit over 400 employees in Singapore by the end of 2022, doubling its team here since the start of the year.
Indian live-commerce platform Shopr.TV raises $1.7M seed capital from BEENEXT, Y-Combinator and others
Shopr.TV, an India-based live-commerce platform, announced that Tuesday it has raised $1.7 million seed capital from reputed global institutional investors, including BEENEXT, Y-Combinator, Locus Ventures, Shiprocket, Goodwater Capital, and more.
