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The company has raised over $2 million from 500 Global, TOP Ventures (CVC-arm of Thai Oil PLC) and angel investors—from a group of former executives of Coca-Cola, PepsiCo and Dole, to a family office of one of the largest healthcare networks in Southeast Asia.

Malaysian digital services company MY E.G. Services Berhad (MYEG) has entered into a collaboration and secured regulatory approval to deploy its blockchain-based customs clearance and processing services for trade flows between the Philippines and China.

Haymarket HQ, an Australia-based go-to-market accelerator, has on Thursday announced the launch of the Southeast Asia Tech Immersion Mission, which is funded by Investment NSW, to support tech companies and investors from Sydney’s Tech Central interested in exploring and connecting with the region’s ecosystem.

UEM Group Berhad, the wholly-owned subsidiary of Malaysian sovereign wealth fund Khazanah Nasional Berhad (Khazanah), has inked Memorandums of Understanding (MoUs) with local and foreign investors to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) power plant integrated with a Renewable Energy (RE) Industrial Park in Malaysia.

Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to 2022.

Cainiao Group, the logistics arm of Chinese conglomerate Alibaba Group Holding Limited, has on Thursday announced the launch of its first warehouse, Cainiao Cikarang Logistics Park, in Jakarta, Indonesia as part of its regional cHub expansion plan. In addition to the Indonesia cHub, Cainiao said that its smart infrastructure business is currently expanding…

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief Executive Officer (CEO), to its Board of Advisors.

Singaporean government has partnered Google Cloud to launch “AI Trailblazers", which is designed to help organizations in Singapore identify real-world challenges that can be addressed with generative artificial intelligence (AI), build generative AI solution prototypes, and bring these prototypes to production.

Goodwater, the United States-based venture capital fund exclusively focused on consumer tech investments, announced Tuesday that it has raised over $1 billion across its family of early and growth stage funds. With this raise, the firm accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good.