News
Singapore’s Endowus raises $35M funding from UBS, Citi Ventures, MUFG and others
Singapore-based digital wealth platform Endowus has raised $35 million in its latest funding round. The firm said in a statement on Wednesday that new investors include Citi Ventures and MUFG Innovation Partners, as well as four of Asia’s wealthiest families with various operating businesses spanning banking to real estate across Singapore, Southeast Asia,…
D3 Labs joins forces with Indonesian Blockchain Association for Digital Rupiah
Indonesian blockchain-based solutions provider D3 Labs has joined forces with the Indonesian Blockchain Association to provide impetus in the first phase of Digital Rupiah development. The Garuda Project, an initiative of Bank Indonesia for developing the Digital Rupiah, has garnered significant attention since its announcement.
Indonesia’s GORO raises $1M funding in pre-seed round led by Iterative
GORO, an Indonesia-based fractional property marketplace platform, has raised $1 million in a pre-seed round led by early-stage venture capital firm Iterative. The funding round was also participated by several prominent investors including XA Network, StashAway’s Angel Investing Program and Indonesian property veteran, Mike Broomell of Colliers……
Apple Pay launches in Vietnam
According to local media VN Express International, Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore.
BlackRock targets $1.21B for climate infrastructure strategy to support New Zealand’s net zero goals
BlackRock has targeted NZD 2 billion ($1.21 billion) for climate infrastructure strategy to support New Zealand’s net zero goals. The firm plans to launch a New Zealand-focused strategy, via its Climate Infrastructure franchise, that will provide a platform through which institutional investors can invest in New Zealand’s transition to a low-carbon……
Capgemini : 74 percent of executives believe the benefits of generative AI will outweigh the associated concerns
Despite apparent risks, such as copyright infringement or cybersecurity, most organizations (74 percent) believe the benefits of generative artificial intelligence (AI) outweigh the associated risks, Capgemini Research Institute said Monday.
Musk’s Neuralink raises $280M in funding led by Thiel’s Founders Fund
The news comes after Neuralink secured FDA's approval to launch its first in-human clinical trial in May.
China’s EVE Energy builds $422M EV batteries manufacturing facility in Malaysia
EVE Energy Co. Ltd., a China-based global lithium battery manufacturer, has on Monday announced the groundbreaking ceremony for its new manufacturing facility in Kulim, Kedah, Malaysia with an initial investment of $422 million. The new factory, which will be EVE’s 53rd, will focus on the production of cylindrical lithium-ion batteries to support power…
WISe.ART AG receives strategic funding from The Hashgraph Association to accelerate trusted NFT adoption
WISe.ART AG, a subsidiary of Switzerland-based cybersecurity firm WISeKey, said Monday it has received strategic funding from The Hashgraph Association (THA). This funding will be used to accelerate the broad adoption of the Hedera network and advance the integration of trusted non-fungible tokens (NFTs) through the WISe.ART platform.
Indian Disprz raises $30M Series C funding from Lumos Capital, 360 ONE and others to fuel global expansion
Disprz, an India-based enterprise software as a service (SaaS) learning and skilling platform, announced Monday that it has raised $30 million in its Series C funding round. The round was led by Lumos Capital Group and 360 ONE Asset (IIFL) with participation from Kae Capital, KOIS and Dallas Venture Capital.
