Author: TechNode Global Staff
Temasek, NUS & NTU to invest $55M to accelerate commercialization of deep tech ventures
Temasek, NTU and NUS will also provide the start-ups with access to their networks of businesses and mentors. At least two start-ups will be launched annually and they will be provided with entrepreneurial mentorship, funding, and support to position them for long-term global success.
HSBC Malaysia launches $106.92M New Economy Fund, providing lending to tech-led businesses & startups
The fund will primarily support lending to tech-led businesses and emerging startups from Series B stage and beyond who are tapping opportunities within Malaysia’s growing digital economy.
Indonesia’s legal tech startup Hukumku raises funding led by East Ventures
The funding will be allocated to accelerate its product development and marketing efforts as the platform will be launched in November 2023.
Vertex Ventures SEA & India completes Fund V’s final close at $541M
The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.
Taiwan’s TenMax & Infobip join forces to democratize marketing automation in Indonesia
TenMax will offer Infobip’s omnichannel communication solutions to the Indonesian market.
MATRADE, MDEC ink MoU to enhance Malaysian tech companies’ global footprint
The MoU aims to better facilitate the current and export ready Malaysian tech companies in strengthening their global footprint through more concerted and collaborative trade promotion initiatives.
Southeast Asia’s pet ecosystem platform Petotum, Malaysia’s Etiqa General Insurance Bhd launches pet insurance product
PAWer Insurance introduces innovative features including cashless admission at panel veterinary clinics and a seamless claims experience for pet owners. Beyond insurance, "PAWer Insurance" is poised to unlock the full potential of the veterinary industry in Malaysia and contribute to responsible animal ownership and animal welfare efforts, the companies…
Gobi Partners invests in Malaysia’s e-waste recycling firm ERTH
ERTH not only facilitates responsible e-waste disposal but also rewards contributors with cash incentives or vouchers.
917Ventures’ PetPal targets $1.6B pet care market in Southeast Asia – expands access to essential pet care for Filipinos
PetPal Club subscription service provides users unlimited teleconsultations for up to two pets annually, along with discounts on pet services. A mobile app version is expected to launch later this year.
Animoca Brands raises $20M for its Mocaverse project in funding round led by CMCC Global
The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands is also participating in…
