TNGlobal Staff

Southeast Asia is well-positioned to accelerate artificial intelligence (AI) adoption thanks to growing digital infrastructure, a young tech-savvy population and increasing regional cooperation, Singapore's Digital Development and Information Minister Josephine Teo said on Thursday.

Vietnam-based software firm Luvina Software Singapore has officially launched its operations in Singapore, marking a significant milestone in its global growth strategy and reinforcing the republic's role as a regional hub for advanced technology, artificial intelligence (AI) and digital innovation.

Apis Partners Group (UK) Limited, a private equity firm investing in tech-enabled businesses in financial infrastructure and services, has on Thursday announced an investment of $50 million in BIPO, a Singapore-based payroll payment processing and embedded workforce finance platform.

BitGo Singapore Pte. Ltd., a subsidiary of BitGo Holdings, Inc. (BitGo), the digital asset infrastructure company, and dtcpay, a digital payments company, announced Tuesday a partnership to support the continued development of secure, compliant digital asset payment infrastructure across global markets.

100x100, a Singapore-based climate company builder and venture capital fund, announced Wednesday the launch of its second fund (Fund II) targeting $100 million.

ST Telemedia Global Data Centers (STT GDC), a global data center provider, announced Tuesday the opening of STT Seoul 1, its first data center in South Korea.

Infrastructure Asia, a project facilitation office established by the Singapore government to support sustainable infrastructure development across the region, has signed four memorandums of understanding (MoUs) to boost sustainable infrastructure development.

Customer conversation management platform respond.io has raised $62.5 million in a Series B funding round led by Camber Partners, with participation from Endeavor Catalyst and existing investors, as the company looks to accelerate its expansion in North America and Europe.

London and Singapore based-Galaxy Data Center announced Tuesday that it has secured $250 million in an initial strategic financing round from a renowned international investment institution.

Mynt, the Philippine fintech company behind digital wallet GCash, said on Wednesday its board and shareholders had approved the filing of a registration statement with the Securities and Exchange Commission and a listing application with the Philippine Stock Exchange for a potential initial public offering (IPO).