Author: TechNode Global Staff
Singapore’s Alchemy Foodtech expands into sugar reduction solutions
Alchemy Foodtech, a Singapore-based carbohydrates and sugar reduction food technology company has announced its expansion into sugar reduction solutions, which is now used in Subway’s cookie island-wide.
Indonesia’s DishServe pivots business model, eyes for profit
DishServe, an Indonesia-based food tech startup, has announced that it is pivoting its business model and is now focusing on the automation of back of house operations for restaurants, cafes and delivery only kitchens.
Grease Monkey Games partners with Mishimoto for Torque Drift 2
Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has joined forces with Mishimoto, the leader in car cooling aftermarket parts, for the upcoming Torque Drift 2.
Gaw Capital Partners partners A3 Capital to launch Infinaxis Data Center in Malaysia
Hong Kong-based Real estate private equity firm Gaw Capital Partners announced Thursday that the firm has formed a joint venture platform with Singapore-based real estate investment platform A3 Capital to invest into greenfield and under-performing data centre assets across key markets in the Southeast Asia region.
Vietnam’s FPT Software acquires Intertec International’s IT services division
Vietnam’s technology firm FPT Software, has on Wednesday announced its acquisition of Intertec International’s (Intertec) IT services division, to further strengthen its North American nearshore delivery capabilities.
Grab to breakeven earlier than expectation after recording narrowed losses
Singapore-based superapp Grab sees the firm to breakeven earlier than expectation after it recorded narrowed losses in 2022. Grab expects its revenue to come in between $2.20 billion and $2.30 billion in 2023. It also forecast its loss before interest, taxes, depreciation, and amortization to be at between $275 million and $325 million in 2023, smaller than…
Southeast Asia & South Asia see 83% drop in fintech startups; investors opt for risk-averse strategies
The countries of South and Southeast Asia saw a year on year decline of 83 percent in new fintechs in 2022, with only 349 startups emerging in the region, says Robocash Group.
Two members of VinFuture Prize Council and Pre-screening Committee elected to the US National Academy of Engineering
Professor Thuc-Quyen Nguyen, co-chair of the VinFuture Prize Pre-screening Committee, and Dr. Xuedong Huang, a member of the VinFuture Prize Council, have recently been elected to the United States National Academy of Engineering (NAE), which is considered one of the highest honors within the engineering field.
100 Soonicorns selects 24 Founders for its first 2 cohort
ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana Kapital) and Malaysia Digital Economy Corporation (MDEC), have announced the selection of the first 2 cohorts of 24 Founders for the 100Soonicorns program designed to groom the next unicorns of Malaysia.
Singapore’s Willowmore secures Series A+ funding from SEEDS Capital, Oriza Greenwillow Technology Fund
Willowmore Pte Ltd, a Singapore-based smart access, internet of things (IoT) and analytics technology company, has on Thursday announced the successful completion of its Series A+ funding round. The funding round was led by Oriza Greenwillow Technology Fund, a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, and Oriza Holdings.
