Yimie Yong

Intudo Ventures announced the closing of $125 million across two investment funds—Intudo Ventures IV, LP, a $75 million venture fund, as well as a $50 million fund that will invest in downstreaming natural resources and renewable energy.

Founded in Hong Kong in 2013, Lalamove is an on-demand delivery platform born with a mission to empower communities by making delivery fast, simple and affordable.

The report highlights specific areas where the Philippines can lead, including AI integration and talent pipeline development, positioning the country to stay competitive within the evolving ASEAN landscape.

The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.

Caction’s digital tools simplify this process, allowing companies to digitally log tasks such as permit-to-work applications, equipment inspections, and installations in real time.

Moomoo’s entry to Malaysia also came after it had become one of the top investment apps in neighbouring Singapore. One in three Singaporeans now use Moomoo to invest, information from its website showed.

The event also saw the launch of TeXnovasi, a collaborative effort between GXBank and Grab Malaysia, and supported by Cradle Fund Sdn Bhd (Cradle), MYStartup and 1337 Ventures which aims to build an inclusive and sustainable tech-based entrepreneurship ecosystem in Malaysia.

This year, the Sunway iLabs–JETRO Green Transformation Accelerator (GXA) Program focuses on sustainability. The program provides startups an engaging platform to be immersed in the Malaysian business ecosystem, collaborating with Sunway Group and its business partners.

GoTo expects to capture additional growth in broad user demographics in its core On-Demand Services and Financial Technology segments more cost-effectively across the expansive Indonesian market by leveraging its unique ecosystem that spans the full range of consumer spending.

In the interview, Touchstone Partners ex-Venture Partner Bobby Liu shared the opportunities and challenges, the funding environment, emerging trends in the tech ecosystem in Vietnam, among others.