News
Bain & Company to acquire global venture-building studio Rainmaking APAC arm
Global management consulting firm Bain & Company has on Friday announced that it intends to acquire the Asia Pacific (APAC) arm of global venture-building and start-up development studio, Rainmaking, to help companies across the region better innovate, launch, and scale new businesses.
Hong Kong’s OneDegree receives venture debt financing from HSBC
OneDegree Group, a Hong Kong-based InsurTech company, has on Thursday announced that the group has closed its first venture debt financing transaction with HSBC. The facility is provided under the HSBC New Economy Fund.
Japanese robotics firm Telexistence raises $170M funding from investors including SoftBank
Japanese robotics startup Telexistence (TX) has successfully raised a $170 million Series B round. Other than old investors, TX also secured funding from new investors including SoftBank Group Corp. (SBG), HH-CTBC Partnership (Foxconn Co-GP Fund), and Globis Capital Partners (GCP).
Malaysia’s Proton forms partnerships with E-bidding firms myTukar, MUV and Carsome
Malaysian national carmaker Proton has formalized strategic partnerships with three E-Bidding Companies (EBC), namely myTukar, MUV and Carsome, to refine the disposal process of trade-in cars for customers.
Singapore’s NodeFlair secures $2M in Series A funding led by Iterative
NodeFlair, a Singapore-based career advancement platform fortech talents, announced Thursday that it has raised $2 million Series A funding. The round was led by Iterative with participation from 500 Global and PERSOL VENTURE PARTNERS, the corporate venture capital arm of human resource management group PERSOL.
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.
