Malaysia

Vase Technologies Sdn Bhd (Vase.ai) has raised a seven-figure ringgit investment to kick-start its 2022 expansion. This new round of funding was led by Indelible Ventures, along with their existing investors. The investment from Indelible Ventures will be poured into aggressive geographical expansion and enhancing the artificial intelligence (AI) technology…

“While these trends may not seem new, these themes have started gaining momentum in recent times,” the Malaysia-headquartered VC firm Co-founder and Co-Managing Partner Raja Hamzah Abidin told TechNode Global.

Malaysia-based ethical investment and social finance platform operator Ethis Group said Monday it will be launching EthisX as part of its global expansion plan. Approved by the Capital Market Authority (CMA) – the Sultanate of Oman’s regulator and supervisor of the capital market and insurance sector – EthisX is managed by Ethis Investment Platform LLC…

BigPay announced Thursday the launch of its fully digital loans as part of the wider suite of financial services offerings. This makes BigPay the first product to have a full digital personal lending product as part of its offering in Malaysia.

Growth stage accelerator ScaleUp Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The companies selected by Quest Ventures for co-investment were GuruInnovtif, Open Academy, MadCash, SpareXHub, VireServe, and WaSushi. Indelible…

MX Global Sdn. Bhd announced Tuesday an equity investment into the company from Binance. It also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad. These new capital injections will allow MX Global, a licensed fintech company, to build brand awareness, hire more high-quality talent and develop…

An ambitious purpose on innovation, a synergised ecosystem and a ‘bridge’ between research and commercialisation - these are among the elements needed for Malaysia to pull ahead in the region and achieve its ambition to be among the top 20 most innovative nations by 2030 in the Global Innovation Index, said Malaysian Research Accelerator for Technology and…

Fave has launched tech hub in Kuala Lumpur, Malaysia. As a part of Fave’s efforts in evolving the fintech landscape, the new tech hub will serve as a platform to groom top class engineering talents and drive digital innovation in Southeast Asia.

After recently obtaining shareholders’ approval to undertake placement of up to 10 percent of total issued shares, Malaysia credit reporting agency CTOS Digital Berhad announced Wednesday that it had finalized the issue price of its proposed primary placement exercise at MYR1.58 ($0.38) per share to raise a total of MYR173.8 million ($41.4 million) in…

GK Aqua Sdn Bhd, a Malaysian Biotechnology company is looking to raise a minimum of MYR2 million ($478,000) for 4.26 percent equity with a maximum target of MYR8 million ($1.91 million) for 15.09 percent equity via the Malaysian equity crowdfunding platform pitchIN.