Author: TechNode Global Staff

Malaysia-based integrated car e-commerce platform Carsome Group Pte Ltd (Carsome) announced Thursday the acquisition of 51 percent stake in Singapore integrated automotive firm CarTimes Automobile Pte Ltd (CarTimes). Carsome said the acquisition is an important move that further strengthens its market leadership in the region, and reinforces its commitment…

The Malaysia Research Accelerator for Technology and Innovation (MRANTI) will be opening a 2,000 square feet MakersLab in May, to ramp up its technology-savvy talent pool and its innovation portfolio, putting Malaysia further along the path to achieve a high-income country status. The new learning and development centre will offer a spectrum of 4IR focused…

Starbucks announced Wednesday an integrated partnership with Grab across six markets, including the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam. The partnership will provide customers across Southeast Asia with a seamless Starbucks Experience, allowing them to earn Starbucks Rewards benefits on purchases through Grab, have more ways…

Datature has raised $2.7 million from Openspace. January Capital also participated in the round. The latest funding will enable Datature to expand its platform offering in order to support more widespread use cases including video analytics, medical and point-cloud data ingestions, and a neural network cloud API for users to deploy artificial intelligence…

While competition for assets, valuations, and rising interest rates top the list of investor concerns, more than a third (35 percent) plan to invest more in private capital over the next 12 months, with a further 51 percent expecting to invest the same amount, and just 14 percent planning to invest less, a survey from Preqin showed Wednesday.

HSBC and The Sandbox announced Wednesday a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse. The groundbreaking partnership between The Sandbox and HSBC will see the global financial services provider acquire a…

Multiplier on Wednesday announced a $60 million Series B funding round co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.The new investment brings Multiplier’s total funding to $77.2 million, taking their valuation to $400 million. This news comes in less than 3 months since Multiplier’s series A (led by Sequoia…

Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel supplies, online. The round was led by TMV and Hermes Offshore, with strategic investments from the likes of Motion Ventures, Tradeworks.vc and Eternia Investments. The fresh injection…

ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.

Hodlnaut has received an in-principle approval (IPA) letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PS Act).