TNGlobal Staff
1982 Ventures backs US AI video platform Higgsfield’s $400M Series B at $5.4B valuation
Singapore-based venture capital firm 1982 Ventures has participated in US artificial intelligence (AI) video and image creation platform Higgsfield's $400 million Series B at $5.4 billion valuation.
Singapore’s Groundup.ai wins $3M PUB tender to bring AI Cognitive Maintenance to national water infrastructure
Groundup.ai, the Singapore-based industrial machine intelligence company, has been awarded a tender by Public Utilities Board (PUB), Singapore's National Water Agency, to implement and maintain a Predictive Maintenance and Reliability System for the water utility's critical assets.
US blockchain firm TRM Labs appoints MAS veteran Ziqing Ang as Head of Policy, APAC
TRM Labs, the United States-based blockchain intelligence services firm, has appointed Monetary Authority of Singapore (MAS) veteran Ziqing Ang as Head of Policy, Asia Pacific (APAC).
Singapore’s Aura launches private equity evergreen fund
Singapore-based financial services firm Aura Group has launched the Aura PE Evergreen Income Fund, an evergreen private markets strategy designed to address the liquidity, income and capital call challenges that have historically restricted private equity allocation in advised portfolios.
Southeast Asia’s data centers gather pace with 85 percent of equity raised since 2024 – Tracxn
Southeast Asia’s data center companies have raised about $11.5 billion in disclosed equity funding across 19 rounds and roughly 85 percent of that capital has arrived since the start of 2024, the period in which artificial intelligence (AI) demand reshaped the region’s infrastructure requirements, Tracxn said on Friday.
OSK Ventures partners Affin Hwang Investment to launch venture debt fund
OSK Ventures International Berhad (OSKVI) and Affin Hwang Investment Bank Berhad have on Thursday announced the launch of Pothos Fund I via Pothos GP Sdn Bhd, marking the introduction of their first venture debt fund for investors.
DBS and Stripe partner for AI cross-border payments in Asia
Singapore banking group DBS and US payment firm Stripe have announced a strategic partnership to accelerate the growth of agentic commerce and cross-border payments in Asia.
Southeast Asia’s EV sales accelerate as energy crisis continues
Electric vehicle (EV) sales are accelerating in Southeast Asia as energy crisis continues, Maybank Investment Bank said on Thursday.
Singapore launches world’s first liquid cooling standard for data centers in tropical climates
Singapore has on Thursday launched the world’s first standard to help data centers adopt liquid cooling technologies in the tropics to handle the growing energy demands of artificial intelligence (AI) workloads.
Danantara begins construction of Bekasi City waste-to-energy facility
Danantara Indonesia, through PT Danantara Investment Management (DIM) and PT Daya Energi Bersih Nusantara (Denera), held the inauguration of construction project for the Waste-to-Electricity Management Facility (PSEL) of the City of Bekasi on Wednesday, in Ciketing Udik, Bantar Gebang, City of Bekasi, West Java.
