News

Singapore’s NSG BioLabs raises $14.5M in financing round led by Celadon Partners

NSG BioLabs, Singapore's largest provider of biotech co-working laboratory and office space, has successfully concluded a $14.5 million financing round. The round was led by Celadon Partners, an Asian private equity firm.

Agritech platform Rize raises $14M in Series A funding co-led by Breakthrough Energy Ventures, GenZero, Temasek, Wavemaker Impact

Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.

Indonesia’s Elevarm secures $2.6M in seed funding to empower horticulture farmers

Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.

Malaysia’s AI governance and ethics code framework at final stage, will be launched soon – report

The Ministry of Science, Technology and Innovation (MOSTI) has been working with Universiti Teknologi Malaysia and other representatives of government agencies, higher education institutions and industry players, to develop the framework.

Princeton Digital Group secures $280M green loan for AI-ready data center campus in Malaysia

Princeton Digital Group (PDG), Asia’s leading data center provider, has secured its first MYR 1.27 billion ($280 million) green loan for its 150MW artificial intelligence (AI)-ready JH1 campus in Sedenak Tech Park (STeP) in Johor, Malaysia.

The Radical Fund collaborates with Keppel on sourcing for climate solutions to decarbonize the built environment

The Radical Fund has signed a non-binding Memorandum of Understanding (MOU) with Keppel’s Real Estate Division to signify a strategic partnership with the shared goal of driving innovation in sectors such as the built environment, renewable energy, decarbonization, and infrastructure technology.

Indian AgTech firm Superplum completes $15M Series A financing

Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.

Ant International to expand business in Saudi Arabia

Ant International has inked a Memorandum of Understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA) to expand its business into the Kingdom.

AWS to invest additional $9B in Singapore cloud infrastructure by 2028

Amazon Web Services (AWS) has announced plans to invest an additional SGD 12 billion ($8.87 billion) into its existing cloud infrastructure in Singapore from 2024 to 2028 to meet growing customer demand for cloud technology and services in the country.

Japan’s EMURGO partners liquidity provider GSR to strengthen Cardano ecosystem

EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the global cryptocurrency trading firm and liquidity provider.