TechNode Global Staff

Southeast Asia’s InsurTech funding plunges 61 percent on year to $193M in 2024

The Southeast Asia (SEA) InsurTech total funding plunged 61 percent to $193 million in 2024 from $495 million in 2023, in line with global funding downturn across sectors, Tracxn said Friday.

Singapore’s Thunes expands its Direct Global Network into Taiwan

Singapore-based global payments company Thunes has on Thursday announced the expansion of its Direct Global Network into Taiwan.

East Ventures unveils platform for AI innovators in Indonesia

East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Thursday announced the launch of IndoBuild AI, a dynamic platform for artificial intelligence (AI) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia.

Grab’s revenue grows 19 percent on year to $2.8 billion in 2024

Singapore-based superapp Grab announced Thursday that its revenue for 2024 grew 19 percent year on year to $2.8 billion, exceeding its guidance of $2.76 billion to $2.78 billion.

Temasek’s Nurasa, Saskatchewan Food Centre team up to expand market opportunities

Nurasa, a wholly owned company of Temasek and an organization in sustainable nutrition development in Asia, and the Saskatchewan Food Industry Development Centre (Food Centre), a contract research, manufacturing and incubation organization in Canada, have teamed up to foster innovation and enhance collaboration within the global food and beverage industry.

Eats365 and Adyen partner to streamline payment solutions for F&B businesses

Adyen, a global financial platform, has on Thursday announced its partnership with Eats365, a Hong Kong-based restaurant point-of-sale (POS) provider, to streamline payment solutions for food and beverage (F&B) businesses.

Switzerland’s Sonar acquires Singapore’s autonomous AI agent platform AutoCodeRover

Sonar, a Switzerland--based code quality and code security solutions provider, has announced the acquisition of AutoCodeRover, a Singapore-based autonomous artificial intelligence (AI) agent platform for software development.

Malaysia’s Segi Fresh invests in Mandalay Venture Partners

Malaysian fresh food group Segi Fresh is investing in Australia-based early-stage agrifood tech venture capital firm Mandalay Venture Partners to embed cutting-edge Aussie agritech in fresh food supply chains.

SC partners ICAEW to strengthen expertise in sustainability disclosures

The Securities Commission Malaysia (SC) and Institute of Chartered Accountants in England and Wales (ICAEW) have initiated a collaboration through a Letter of Intent to collaborate in certain areas.

Alibaba Cloud launches Mexico region to drive digital transformation and innovation

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Tuesday announced the official launch of its first cloud region in Mexico, marking a significant milestone in its commitment to accelerating Mexico’s digital transformation and fostering innovation across Latin America.