News

Malaysia’s private equity and venture capital funding up 8.43 pct to $3.64B in 2022

Malaysia's private equity (PE) and venture capital (VC) funding rose 8.43 percent to MYR16.08 billion ($3.64 billion) in 2022 from MYR14.83 billion ($3.35 billion) a year ago,…

GDS, TNB sign supplemental agreement for powering data center campus in Malaysia

China-based data centers developer and operator GDS has signed a supplemental agreement with Malaysia-based utility firm Tenaga Nasional Berhad (TNB) for powering data center…

Vinfast expects to ship V8 electric SUVs to North America in early April

Vietnamese car maker Vinfast expects to export the VF 8 electric sport utility vehicles (SUVs) standard edition models to the United States and Canadian markets in April 2023. The…

Aussie startup Cauldron secures $7M to scale precision fermentation tech

Cauldron, the Australian company for precision fermentation facilities, has raised AUD$10.5 million ($6.98 million) from local and global investors to expand its existing pilot…

Advisonomics partners Kakitangan.com to provide financial planning app in Malaysia

Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu…

Mystifly closes $8M in Pre Series B funding to expand operations in Singapore

Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding. The funding was from Cornerstone Venture Partners (CSVP),…

Vemanti partners Finastra to build SME-focused neobank in Southeast Asia

United States-based fintech firm Vemanti Group has chosen United Kingdom-based financial software company Finastra to help build Southeast Asia’s first small and medium-sized…

The Sandbox partners Ledger Enterprise to secure enterprises in the metaverse

The Sandbox, a decentralized gaming virtual platform and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced a partnership with Ledger…

VinFast to deliver electric SUVs in Vietnam; eyes overseas deliveries

Vietnamese carmaker VinFast said Thursday that it will begin delivering its new electric sport utility vehicles (SUVs) in Vietnam this week. VinFast said in a statement that it…

30N Ventures launches $50M fund to invest in top-tier founders in emerging markets’ fastest-growing economies

Chile-based venture capital (VC) firm 30N Ventures has announced the launch of its new $50 million venture capital fund, focused on investing in top-tier founders in the…