News

Indian-founded Testsigma raises $8.2M led by MassMutual Ventures

Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual Ventures.

Japan’s Astroscale raises $153M from Tokyo IPO

Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.

Boost Bank officially launches digital bank app to Malaysians

Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank, has on Thursday announced the launch of its digital bank app to Malaysians.

India’s Fibe raises $90M in Series E funding led by TR Capital, Trifecta Capital and Amara Partners

Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.

McDonald’s partners Bandwagon Labs to create first-of-its-kind in-app metaverse

Singapore's entertainment media tech company Bandwagon, through its metaverse arm Bandwagon Labs, has partnered with McDonald's Singapore to launch an immersive web-app-based experience on Thursday.

Philippine EV startup Mober secures $6M funding from Clime Capital

Mober, a green logistics services provider in the Philippines, has garnered an investment of up to $6 million from the South East Asia Clean Energy Facility II (SEACEF II) managed by Clime Capital Management, a Singapore-based fund manager focused on accelerating the low-carbon transition.

VIS partners NXP to build and operate $7.8B semiconductor wafer manufacturing facility in Singapore

Taiwanese IC foundry service provider Vanguard International Semiconductor Corporation (VIS) and Dutch semiconductor manufacturer NXP Semiconductors N.V. (NXP) have on Wednesday announced the plan to build a $7.8 billion new 300mm semiconductor wafer manufacturing facility in Singapore.

Indonesia’s McEasy raises Series A+ funding led by Granite Asia

McEasy, an Indonesia-based internet-of-things (IoT) and software-as-a-service (SaaS) enterprise company, has raised Series A+ funding from Granite Asia as the lead investor, followed by existing investor East Ventures. Its total Series A funding has now reached $11 million.

Singapore’s Botsync raises $5.2M Series A financing from Capital 2B, Betatron to integrate automation in manufacturing

Botsync, the Singapore-based developers of integrated automation solutions for Asia Pacific (APAC) and beyond, has on Wednesday announced the completion of a $5.2 million Series A round of financing.

Hong Kong’s Mezzofy raises $2M Pre-series A funding round to drive market expansion, product advancement

Hong Kong-based digital coupon platform Mezzofy has on Wednesday announced the completion of Pre-series A funding round of $2 million to bring the start-up's global expansion plan to life and support its product advancement for the web3 future.