Author: TechNode Global Staff

Singapore-based private market exchange ADDX has fractionalised a venture debt fund by Innoven Capital, a joint venture between Seviora Holdings (a wholly owned subsidiary of Temasek Holdings) and UOB, bringing down the minimum subscription size for individual accredited investors to $20,000, from $5 million.

Haulio, Singapore’s largest and Southeast Asia’s fastest growing digital haulier, announced Tuesday that the company will be securing its first overseas acquisition with a controlling stake in Logol, a Jakarta-based logistics-focused technology platform.

Fairatmos, an Indonesia-based carbon technology platform, has raised $4.5 million in its seed round, led by Go-Ventures and Kreasi Terbarukan TBS, the investment arm of one of Indonesia’s leading integrated energy companies, Toba Bara Sejahtera. The round also saw participation from Vertex Ventures Southeast Asia and India and prominent angel investors.

Australia-based global fintech platform Airwallex has on Tuesday announced that Kai Wu has been jointly appointed as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai has held a number of senior positions at Airwallex for close to five years, including as Chief Financial Officer and Greater China Chief Executive…

Malaysian earned wage access (EWA) service provider Paywatch has raised $9 million in a Pre-Series A funding round led by returning investor Third Prime. The round also saw participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois…

Accacia, an India-based decarbonisation platform focused on the real estate and infrastructure sectors, has closed $2.5 million in seed funding led by Accel and B Capital. Blume Ventures, Good Capital, Zerodha’s Rainmatter Fund and Canada-based Loyal VC, along with several leading angels, also participated in the round.

Singapore listed enterprise technology, software and services company Silverlake Axis Ltd (SAL) has on Tuesday announced its agreement with Siam Commercial Bank (SCB) - one of Thailand’s top five banks, to power SCB’s innovative strategy of building new propositions outside of the traditional bank.

PT Astra Digital Mobil has introduced a digital platform for buying and selling used cars that can be accessed via a website or mobile app called mobbi. With the mission to provide a wide selection of used cars equipped with clear information for customers, mobbi also introduced three public figures as its brand ambassadors, namely Vincent Rompies, Deddy…

Vingroup, Vietnam’s largest private conglomerate, has on Monday announced a strategic collaboration with Google Cloud to modernize and connect its critical systems and data at a group-wide level. This reaffirms Vingroup’s commitment toward adopting best-in-class technologies to boost its production capabilities, improve product and service quality, enhance…

New Zealand's sovereign wealth fund the New Zealand Super Fund (NZSF) will commit up to $70 million to a fund looking to invest in fast-growing, established New Zealand technology companies with the potential to scale to more than $100 million in revenue.