News

Antler appoints Agung Bezharie Hadinegoro as Partner to lead 30+ investments in Indonesia in 2023

Singapore-based global early-stage venture capital firm Antler has announced the appointment of Agung Bezharie Hadinegoro as its Partner. Agung is to spearhead the company's investment strategy and operations in Indonesia.

MRANTI partners Leave a Nest to advance Malaysian startups expansion into Japan

Japan-based research group Leave a Nest and the Malaysian Research Accelerator for Technology and Innovation (MRANTI) are collaborating on the highly anticipated Global Market Fit Program (GMP) Japan to support high-growth startups seeking to expand their business presence in Japan.

Malaysia’s E-Commerce transactions income surges 10.4 pct year on year in first quarter

Malaysia's e-commerce income by establishment recorded a notable growth of 10.4 percent year-on-year in the first quarter of 2023, to reach MYR 291.7 billion ($62.6 billion U.S. dollars), official data showed Thursday.

Brinc unveils debut Climate Tech Cohort for summer 2023

Brinc, a Hong Kong-based global venture accelerator, has on Thursday announced the debut cohort of its Climate Tech accelerator, where four startups kick off its Summer 2023 program.

Animoca Brands inks strategic agreement with Farcana

Farcana, an upcoming Web3 team arena shooter game, has on Wednesday announced that it has entered into a strategic agreement with Hong Kong-based Web3 industry firm Animoca Brands.

Contactless card payments usage surges in Malaysia, says Visa study

Seven in ten consumers in Malaysia are now using contactless cards for payments, said a recent study done by global payment firm Visa.

Singapore’s Needle closes $1.2M Pre-Seed round led by Iterative

Needle, an end-to-end artificial intelligence (AI) marketer based in Singapore, has on Wednesday announced the close of its $1.2 million oversubscribed pre-seed round led by Iterative. The round also saw participation from Ethos Fund and Goldbell Financial Services.

Singapore’s VentureBlick secures $2.6M for first two startups

VentureBlick, a Singapore-based venture platform for healthcare innovation, has announced the successful closure of its first two deals, securing a total of $2.6 million for two startups despite a challenging funding environment.

Singapore’s EDBI backs US’s Moloco amid machine learning growth

Moloco, a United States firm in operational machine learning (ML) and performance advertising, has announced that investors including Fidelity Management & Research Company and Singapore-based global investor EDBI, have become its shareholders via secondary stock transactions.

Tencent Cloud partners Allo Bank to boost digital banking in Indonesia

Tencent Cloud, the cloud business of China-based tech company Tencent, has on Wednesday announced its collaboration with Allo Bank, Indonesia’s largest digital banking platform, to enhance digital banking in the country.