News
Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report
In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.
Vietnam EV maker VinFast officially launches in the Middle East
The VF 8 model will be sold in the Middle Eastern market.
Vietnam’s Vingroup launches VinVentures capital fund with AUM of $150M
The primary investment focus of VinVentures includes Artificial Intelligence (AI), Semiconductors, and Cloud Computing, as well as other high-tech products.
Malaysia’s Khazanah launches Jelawang Capital as national fund-of-funds to boost VC ecosystem
Jelawang Capital will be led by Bryan Lim as its Chief Executive Officer, who is also Khazanah’s Head of Dana Impak.
Malaysia’s Mah Sing, Bridge Data Centers seals second JV
This latest partnership builds on the initial agreement signed in May 2024 and together, these agreements increase the total planned power capacity to 300MW.
Vietnam’s Vinmec Hospital breaks new ground with Southeast Asia’s first 3D-printed titanium chest reconstruction
In a landmark for medical innovation, Vietnam’s Vinmec Times City International Hospital has carried out Southeast Asia’s first chest wall reconstruction using a 3D-printed titanium implant. The operation, aimed at saving the life of a 55-year-old woman with a large, aggressive chest tumor, not only highlights the potential of 3D printing in medicine but…
Singapore’s Supermom secures $14M Series B funding from AC Ventures, Granite Asia, Hearst Ventures & Qualgro
The funding arrives less than two years after Supermom’s Series A round of S$8 million in December 2022, led by Qualgro, affirming Supermom's role as an innovator leveraging AI and data to create value for families and consumer brands, the company said in a statement on Monday.
Cyberport Venture Capital Forum 2024 opens in Hong Kong, celebrates Cyberport Investors Network’s 7th anniversary with total investments surpassing $321.8M
Cyberport also celebrated the 7th anniversary of Cyberport Investors Network (CIN) established, and Cyberport start-ups' fundraising achievements.
Malaysia’s Borong partners Maybank to launch country’s first B2B halal marketplace
Salaam Market is designed to empower local SMEs by integrating Halal certification support and financial services, paving the way for these businesses to navigate the complex Halal market and expand their reach internationally.
Pakistan’s workspace platform COLABS bags $2M in Pre-Series A funding to expand into Saudi Arabia
This latest investment brings COLABS' total funding to over $5 million, positioning the company for strategic expansion into Saudi Arabia and the broader MENA region.
