News
Singapore’s XSQUARE Technologies secures $7.8M in Series A funding led by Wavemaker Partners
XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised SGD 10.5 million ($7.78 million) in Series A funding. The round was led by Wavemaker Partners, the Southeast Asia's leading venture capital firm, with participation from SEEDS Capital, the investment arm of Enterprise Singapore–and Goldbell…
Alibaba partners LVMH to enhance luxury retail experience in China
LVMH Group, the world leader in luxury products, and Alibaba Group, the leading e-commerce and technology company in China, have on Thursday announced an extended partnership to enhance luxury experience in China, leveraging Alibaba’s cloud technologies, through artificial intelligence (AI)-powered innovations in retail and on-line with Tmall.
Ciena global study finds 60% of CSPs believe AI will improve network operational efficiency by 40% or more
A global study commissioned by Ciena has found communications service providers’ (CSPs) growing optimism toward artificial intelligence (AI), as more than half of telecom and information technology (IT) engineers surveyed believe the use of AI will improve network operational efficiency by 40 percent or more.
Bangladesh’s Shomvob raises $1M in pre-seed financing round led by Cocoon Capital
Shomvob, the business to business (B2B) job-tech and human resource (HR) tech platform in Bangladesh, has on Thursday announced a $1 million pre-seed financing round led by Singapore-based early-stage venture capital firm Cocoon Capital.
Taiwan luxury resale marketpalce Popchill finalizes $3.1M funding round
PopChill, a luxury resale marketplace operating in Taiwan and Hong Kong, announced Wednesday that it had finalized a $3.1 million Pre-A+ funding round. The firm secured an additional $1.3 million, bringing the total funds raised in this round to $3.1 million, inclusive of the earlier announced $1.8 million.
Singapore based angel investment network ThinKuvate launches $12M maiden India fund
Singapore-based angel investment network ThinKuvate has on Tuesday announced the launch of its first India focused Fund – ThinKuvate India Fund – I with a total corpus of Rs 100 crore ($12 million).
PropertyGuru’s revenue up 12 pct year on year to $27.45M in first quarter
Singapore-based online property portal PropertyGuru said Tuesday that its total revenue increased 12 percent year over year to SGD 37 million ($27.45 million) in the first quarter.
Discovermarket launches new insurance products in the Philippines with Globe
International insurtech firm discovermarket has announced its launch in the Philippines, starting with its partnership with Globe Telecom Inc. - a full-service telecommunications company in the Philippines, to launch its embedded personal cyber insurance product.
Singapore’s REDEX to be exclusive partner to TNBX in Malaysia to support mGATS platform
REDEX, the Singapore-based renewable energy certificates (RECs) trading platform, will be an exclusive partner to Malaysia’s utility company Tenaga Nasional Berhad (TNB)'s wholly-owned subsidiary TNBX, to support the development of the Malaysia Green Attribute Trading System (mGATS) into the country’s preeminent digital trading platform for Malaysia…
US sustainable mining startup BANIQL secures $1.6M seed funding
BANIQL, a United States-based company developing a novel and sustainable approach to nickel and cobalt extraction from laterites using first principles, has announced the successful closing of its $1.6 million seed funding round.
