News

Singapore’s SUNRATE closes Series D-2 funding round led by Sequoia Capital Southeast Asia

SUNRATE, a Singapore-based intelligent global payment and treasury management platform, announced Thursday that it has raised an extended Series D (Series D-2) funding round from Sequoia Capital Southeast Asia (now known as Peak XV Partners).

Singapore’s Mirxes to list in Hong Kong after securing $50M in Series D funding

Mirxes Holding Company Limited, a Singapore-headquartered biotech firm, announced Tuesday that it has filed listing application with The Stock Exchange of Hong Kong Limited after securing $50 million Series D funding.

Foodpanda partners TabSquare to deliver AI-powered solutions to digitalize dining experiences in restaurants across Asia

Germany-based food and grocery delivery network Foodpanda has partnered with Singapore-based artificial intelligence (AI)-powered in-restaurant solutions provider TabSquare to jointly offer digital solutions for restaurants to streamline processes and elevate dining experiences.

Philippine market insights start-up Agile Data rakes in $494,347 revenue for 2023

Philippine tech start-up Agile Data has on Wednesday announced an annual net revenue of PHP 27 million ($494,347) for 2023, with cost of goods sold (COGS) conservatively sitting at 37 percent. The firm attributed the revenue growth to its sustained clientele of international fast-moving consumer goods (FMCG), telecommunications, and technology companies.

1337 Ventures hosts ECF Accelerator to help Malaysian SMEs maximize opportunities through ECF fundraising

Malaysia-based venture capital firms 1337 Ventures and Leet Capital are back to host the ECF Accelerator Program in the country to help Malaysian small and medium-sized enterprises (SMEs) maximize opportunities through equity crowdfunding (ECF) fundraising.

Nissan to invest $664M in Renault’s EV and software entity Ampere

Japanese automaker Nissan Motor Co. has committed to invest up to Euro 600 million ($664 million) in Ampere, Renault Group’s new electric vehicle (EV) and software entity in Europe. This investment opportunity aligns with Nissan's electrification strategy, creating multiple potential benefits and synergies that complement Nissan's own goals and initiatives…

GoTo Financial launches GoPay app in Indonesia

GoTo Financial, GoTo's financial technology business unit, has officially launched the GoPay app in Indonesia, as part of its commitment to provide financial services for more people across the country, including those who are not Gojek and Tokopedia users.

Crypto.com partners with LINE Xenesis to drive crypto adoption in APAC

Singapore-based cryptocurrency exchange company Crypto.com has partnered with LINE's crypto asset and blockchain-related business developer LINE Xenesis Corporation (LINE Xenesis) to advance the latest cryptocurrency business solutions developed by Crypto.com through the LINE user network and collectively advance crypto technology across Asia Pacific and…

NTU, Ant Group collaborate on privacy-preserving computing research

Chinese financial services firm Ant Group and Nanyang Technological University, Singapore (NTU Singapore) have begun a research collaboration to explore privacy-preserving computing technology innovations.

Singaporean financial analytics platform Bunker secures $5M funding

Singapore-based Bunker has landed more than $5 million over two rounds for its financial analytics platform to propel Asia Pacific (APAC)’s startups and small and medium enterprises (SMEs) into a new era of accelerated profitability and reliable growth.