News
Indonesia’s Eratani raises further $2M seed funding, bringing total seed funding to $5.8M
Eratani, an Indonesia-based agritech firm, has on Monday announced a further $2 million seed extension funding round, bringing the total seed funding to $5.8 million. The round sees participation by SBI Ven Capital through its joint fund with Kyobo Securities and NTUitive, Genting Ventures, Orvel Ventures & Ascend Angels.
July 10, 2023
Southeast Asia’s IPO market remains investor favorite amid global economic uncertainties, Deloitte says
Southeast Asia's (SEA) initial public offering (IPO) remains steady despite global economic uncertainties, according to Deloitte recent report. In the last six months, the region's market saw 85 IPOs raising $3.3 billion in proceeds, with an IPO market capitalization of $20.1 billion. This versus the 73 IPOs in the same period last year which raised $3.1…
July 10, 2023
Indonesia’s GoWork sees business grow by more than 2 times from pre-pandemic levels
Indonesia’s coworking space operator GoWork has reported that its business has grown by more than 2 times from pre pandemic levels. GoWork said in a statement on Monday that the uptick in business is a direct result of its ability to persevere through Covid-19 and its decision to expand its services.
July 10, 2023
Indonesia’s eFishery raises $200M in Series D funding led by 42XFund
Indonesia’s aquaculture company eFishery has successfully raised $200 million in its Series D funding round, propelling the company’s target to expand Indonesia’s aquaculture farming community and increase fish feed and fresh fish transaction on its platform.
July 10, 2023
Vietnam’s VinFast said to plan third quarter NASDAQ listing – report
The Vietnam-based EV maker had prepared for a traditional IPO before the capital markets became “very challenging” during the last 18 months, which is why the company opted to merge with a SPAC, chief executive officer Le Thi Thu Thuy said in May.
July 7, 2023
News,Malaysia,Singapore,Sustainability
Malaysia’s Gentari partners Singapore’s Keppel, Semcorp for clean energy solutions in SEA
Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered Singaporean conglomerate Keppel and renewables player Sembcorp Industries (Sembcorp) for clean energy solutions in Southeast Asia (SEA).
July 7, 2023
Catcha Digital sets up new unit to develop technology solutions and software for Malaysia’s public sector
Malaysia-based Catcha Digital has on Thursday announced the formation of a new business unit called “i-Gov", specifically focused on working to develop technology solutions and software for the Malaysian government and the public sector.
July 7, 2023
Carsome partners PolicyStreet to introduce personal accident coverage in Malaysia
Malaysia-based user car platform Carsome has partnered InsurTech firm PolicyStreet to introduce Carsome Care+, a car personal accident coverage that also covers car loan payments in the event of unemployment.
July 7, 2023
Singapore IoT multi-sensing platform nami raises $10.5M Series A funding
Nami, a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things (IoT) industry, has announced the close of its Series A financing round, raising $10.5 million from strategic investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.
July 7, 2023
News,Malaysia,SEA,Electric Vehicles & Mobility
Malaysia PM Anwar to meet Elon Musk to discuss investment – report
"Next week, Elon Musk asked to discuss with me the possibility and his commitment to increase his investments in Malaysia," Anwar was quoted as saying.
July 7, 2023