News
Singapore-based deeptech startup Zero-Error Systems raises $7.5M in oversubscribed Series A funding
Zero-Error Systems (ZES), a Singapore-based deeptech startup, has secured an investment of $7.5 million in an oversubscribed Series A funding round. The funding round saw participation from the Dart Family Office and Airbus Ventures.
Quest Ventures-backed ApartX raises $250,000 in oversubscribed series seed round
ApartX, a Quest Ventures-backed property technology startup focused on rental property management, has on Wednesday announced that it had secured seed funding of $250,000 from Kazakhstan-based Big Sky Capital and Activat VC.
Malaysia’s Sunway accelerates net zero ambitions with Cambridge-based Deeptech Labs
Sunway Group, a Malaysia-based conglomerate, has on Monday announced a strategic partnership with Deeptech Labs, a venture capital (VC) fund and deeptech specific accelerator based in Cambridge (UK), through its innovation arm, Sunway Innovation Labs (Sunway iLabs).
Hong Kong’s Finblox launches tokenized US T-Bills with OpenEden
Finblox, a Hong Kong-based crypto superapp backed by Dragonfly and Saison Capital, has announced the launch of tokenized rights to US Treasury Bills (T-Bills) in partnership with OpenEden, a firm that operates the first smart contract vault to offer 24/7 access to U.S. Treasury Bills.
NanoMalaysia partners Retailetics to launch smart shopping cart
NanoMalaysia Berhad, an agency under the Ministry of Science, Technology, and Innovation (MOSTI) in Malaysia, has partnered Retailetics Sdn Bhd, a Malaysian company providing artificial intelligence-based retail automation solutions, to launch the EzyCart, a smart shopping cart which is projected to be a game-changer in the retail industry.
Solarvest announces grant recipient winners to five innovative start-ups
Malaysian clean energy expert Solarvest Holdings Berhad has officially announced five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Irradisol, Flumen, DespaQ, Hydrozon, and Hexacycle emerged as the five chosen recipients under the Seed Grant Round for SIL 2023.
NASDAQ-listed Equinix plans to open data center in KL in 1Q 2024
American digital infrastructure company Equinix plans to open its data center in Kuala Lumpur in the first quarter of 2024, following its expansion announcement last year to enter Malaysia with a data center in Johor.
Komarkcorp partners with AntChain for digital blockchain services
Malaysian self-adhesive label solutions provider Komarkcorp has partnered with Chinese blockchain firm Ant Group Digital Technologies to tap into digital blockchain services. Komarkcorp wholly-owned subsidiary Komark International (M) Sdn Bhd has signed a memorandum of understanding (MoU) with Ant Group Digital Technologies' unit AntChain for the services.
Malaysia woos Microsoft, Google to bolster data hub ambitions – report
Malaysia is vying with other Southeast Asian countries that are aimed at building new supply chains.
Indonesian B2B payments orchestrator Durianpay eyes expansion following five times TPV growth
Indonesian business to business (B2B) payments orchestrator Durianpay has announced its plans for further expansion following a remarkable financial performance in the first half of 2023. The firm reported a five times year on year growth in total processing value (TPV) since 2022 and a positive gross margin since its first year of operating.
