News

Mass-market metaverse builder Virtualtech Frontier announces backing by 500 Global

Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its…

Singapore’s The Growhub inks 5-year partnership with FIPWA to build Southeast Asia’s food bowl

The Growhub, a Singapore-based one-stop farm to table solution for food traceability and data analytics, announced Friday that it has inked a 5-year lease agreement with the Food…

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time…

Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners

Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power…

World’s first metaverse music label 0x0 launches in Taiwan

With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of…

Singapore’s Oddle raises $5M in Pre-Series B funding

Oddle, an omnichannel food and beverage (F&B) technology company headquartered in Singapore, announced on Wednesday the closing of a $5 million funding. The financing was led by…

Carousell, L Catterton SPAC merger talks end – report

Singapore-based online classifieds marketplace firm Carousell has recently ended talks to go public through a merger with blank-cheque company L Catterton Asia Acquisition Corp…

Indonesia poultry tech firm Pitik raises $14M in Series A funding led by Alpha JWC Ventures

Indonesia’s largest poultry tech startup Pitik announced on Thursday its $14 million Series A funding round led by Alpha JWC Ventures with participation from existing investors…

Singapore skyline SGX SPAC

Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

Japan's largest FinTech conglomerate SBI Holdings announced on Thursday that it has launched a digital innovation fund with a target fund size of $75 million. General Partners of…

SMU and Synagie partner to upskill and plug skill gaps in Southeast Asia’s ecommerce and tech workforce

Synagie and Singapore Management University (SMU) signed a Memorandum of Understanding (MoU) today to co-develop continuing education and training programs. The programs are…