News
Vietnam’s GIMO raises $17.1M in funding led by TNB Aura to fuel expansion
GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million. The round is led by TNB Aura, with participation from the company’s existing backers including Integra Partners, Resolution Ventures, Blauwpark Partners, ThinkZone Ventures, and Y Combinator.
MDEC expects high-tech Malaysian companies to generate $55M in digital export
Malaysia Digital Economy Corporation (MDEC) has projected a total of 42 high-tech Malaysian companies participated in its recent programs in Indonesia, to generate MYR 250 million ($54.65 million) in digital export.
Japan’s JERA to invest $300M in greentech-focused startups
Japanese energy firm JERA Co., Inc. (JERA) has initiated corporate venture capital activities with the aim of accelerating innovation in the energy domain and generating new business opportunities. The firm will make strategic investments totaling $300 million in start-up companies that have leading-edge technologies or business concepts and in venture…
Trip.com partners Chope to provide instant restaurant reservations to Southeast Asian-bound travellers
China-based global travel platform Trip.com Group has partnered with Singapore-based dining platform Chope to provide instant restaurant reservations to Southeast Asian-bound travellers.
Malaysia’s Sime Darby Motors partners UK’s AstraZeneca to accelerate electric vehicle adoption
Malaysia’s automotive player Sime Darby Motors (SDM) Malaysia and United Kingdom-based biopharmaceutical company AstraZeneca have recently partnered to accelerate the adoption of electric vehicles (EVs) under Sime Darby Motors for AstraZeneca’s employees.
Atome partners TikTok Shop to drive e-commerce growth in Malaysia
Atome, a Singapore-based digital consumer financing platform, has joined forces with TikTok Shop to revolutionize the e-commerce landscape in Malaysia. This strategic partnership enables businesses of all sizes, but particularly young entrepreneurs and small and medium enterprises (SMEs), to harness the potential of online shopping and foster economic…
Silicon Box launches $2B advanced semiconductor manufacturing foundry in Singapore
Silicon Box, a Singapore-based semiconductor integration startup, has launched its $2 billion advanced semiconductor manufacturing foundry to revolutionize the chip manufacturing sector, develop local capabilities, and boost Singapore's position as a global hub for semiconductor manufacturing.
Singapore’s GIC invests in Aichi logistics facility developed by Daiwa House Industry
GIC, a Singapore-based investment firm, has announced that it will acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area.
Sequoia Capital partner Michael Moritz to exit firm after almost four decades – report
Moritz will now focus on Sequoia Heritage.
India’s o9 Solutions raises $116M investment at $3.7B valuation
o9 Solutions, an India-based enterprise artificial intelligence (AI) software platform provider has on Wednesday announced that its existing investors, led by General Atlantic’s BeyondNetZero, have invested an additional $116 million in the company.
