News
Malaysia’s Aerodyne acquires controlling stake in Brazil’s drone inspection company Grupo DR1
Aerodyne Group, a Malaysia-based drone company, has on Monday announced that it has signed an agreement to acquire a controlling interest in Grupo DR1, one of the leading professional drone operators and service providers in Brazil, to further expand its presence in Latin America (LATAM), in line with Aerodyne’s global expansion plan.
Y Combinator-backed Indonesian startup Bakool bags seed funding
Y Combinator-backed Radius rebrands Bakool, an Indonesia-based buying platform for fresh produce, has raised an an undisclosed seed round, with participation from Kleiner Perkins, Goodwater, Insignia Ventures, Global Brain, former minister of Indonesia Mari Elka Pangestu, and others.
Tencent Cloud partners Nexon to launch metaverse platform
Tencent Cloud, the cloud business of China-based technology company Tencent, has on Monday announced its collaboration with Nexon Co., Ltd., a global video game publisher, in powering up the launch of its metaverse platform NEXONTOWN.
UNO Digital Bank partners Trusting Social to offer lending services to Filipino consumers
Singapore-based fintech firms UNO Digital Bank and Trusting Social have on Monday announced a strategic partnership to unlock access to consumer lending for Filipino consumers across wide sections of society.
MYStartup partners airasia academy to enable startup community to learn and upskill
MYStartup, an initiative by the Ministry of Science, Technology and Innovation (MOSTI) in Malaysia and powered by Malaysia's early-stage startup influencer Cradle Fund Sdn Bhd. (Cradle), has embarked on a new partnership with airasia academy to make knowledge and education fundamentals more accessible to its startup community.
Malaysia’s Ficus Capital announces $13.58M fund to invest in Malaysia and South East Asia growth startups
Malaysian based venture capital firm Ficus Capital has on last Friday announced its intent to continue investing in Malaysian and South East Asian startups with global growth potentials. With its flagship MYR 60 million ($13.58 million) fund, Ficus SEA, the world’s first shariah compliant venture capitalist is looking for revolutionary, sustainable and…
CGS-CIMB begins offering ADDX’s private market deals to its high-net-worth clients
Securities brokerage CGS-CIMB Singapore has switched on its connection to the private market exchange ADDX, giving all individual accredited investors on its platform access to ADDX’s offerings.
Singapore’s Amber secures $300M Series C investment led by Fenbushi Capital US
Amber Group, a Singapore-based global digital asset company, announced last Friday the completion of a $300 million Series C round led by Fenbushi Capital US. The latest round also saw participation from various other crypto-native investors and family offices.
Ni Hsin partners with SIRIM to set up lithium-ion battery recycling plant
Malaysia-listed Ni Hsin Group Berhad has on Thursday signed a strategic collaboration with SIRIM Berhad to set up a lithium-ion battery recycling plant in Malaysia.
Ni Hsin partners VSD Automation for EV motorcycles distribution
Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly-owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has on Friday entered into an business partnership agreement (BPA) with VSD Automation Sdn Bhd (VSD) for the distribution and market segmentation of TAILG EBIXON EV motorcycles in the local and international markets.
