Author: TechNode Global Staff

India’s Ecofy raises $10.83M funding from FMO to support expansion

Ecofy, India's green-only non-banking financial company (NBFC) dedicated to addressing the last mile climate finance gap in the Indian consumer and small business sector, has secured an investment of INR 900 million ($10.83 million) from FMO, the Dutch Entrepreneurial development bank.

Maxis and Public Bank collaborate to further accelerate digital adoption among Malaysian SMEs

Malaysian telecommunication firm Maxis and lender Public Bank Bhd. are collaborating to further accelerate digital adoption among Malaysian small and medium enterprises (SMEs). Through the collaboration, which was formalized during a Memorandum of Understanding (MoU) exchange ceremony, both companies will embark on a joint awareness program to promote…

Malaysia inks deal with UAE to build data centers in Malaysia

Malaysia and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) on Thursday, marking a strategic partnership on the development of data centers in Malaysia, with potential projects anticipated to achieve a total capacity of 500 megawatts.

Sygnum raises more than $40M in funding led by Azimut Holding

Singapore and Switzerland-based digital asset banking group Sygnum has on Thursday announced that it has raised more than $40 million against an initial $35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this interim close the company’s post-money valuation stands at $900…

Malaysia’s TNB partners China’s state-owned utilities to shake up ASEAN power grid with HVDC technology

Malaysian utility firm Tenaga Nasional Berhad (TNB) is spearheading a transformative partnership with China’s state-owned power utilities, aiming to revolutionize the ASEAN power grid (APG) through cutting-edge highvoltage direct current (HVDC) technology.

Hong Kong’s Qupital secures series B2 funding to fuel market expansion and product innovation

Qupital, a Hong Kong-based data-driven financing platform for small and medium-sized enterprises (SMEs) in the new economy, has on Thursday announced its new Series B2 financing round funded by a consortium of new and existing investors from Hong Kong and Southeast Asia.

Tēnaka partners Orange Business to scale coral reef restoration program in Malaysia

France's information technology firm Orange Business and Tēnaka, a social business that works to restore and protect marine ecosystems worldwide, have partnered to scale the coral reef restoration in a Marine Protected Area of the Coral Triangle in Malaysia.

PepsiCo launches second APAC Greenhouse Accelerator Program to accelerate climate-positive solutions development

American multinational food, snack, and beverage corporation PepsiCo has on Thursday announced the launch of the second Greenhouse Accelerator program in the Asia Pacific (APAC) region. The firm is looking to supporting entrepreneurs who are developing innovative solutions in sustainable agriculture, climate action, and the circular economy.

Singapore’s Arkadiah Technology closes seed funding round led by Golden Gate Ventures

Arkadiah Technology (Arkadiah), a nature tech company based in Singapore, announced Thursday the successful closure of its seed funding round. The round was led by Golden Gate Ventures, with the participation from The Radical Fund and Money Forward Venture Partners (HIRAC FUND).