News

OnFinality partners Google Cloud to enhance node infrastructure and data analytics support for Polkadot parachain builders

New Zealand-based blockchain firm OnFinality and Google Cloud have announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network.

Animoca Brands subsidiary Darewise Entertainment seals strategic engagement with Horizen Labs

Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs for technical token, development, and consulting services.

Singapore’s sneaker marketplace Novelship bags $9.5M in Series B funding round led by East Ventures

The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia. This includes enhancing its logistics capabilities, refining authentication processes, expanding its slew of in-house collections, and optimising its environmentally-conscious delivery process.

ARISE & Centauri announce the launch of its successor VC Platform, Ascent Venture Group, raising $200M corpus

Ascent is the largest ecosystem-linked venture platform in the region with four partners, 10 investment professionals, and a supporting operational team across Jakarta, Singapore, Seoul offices and access to multi billion dollar ecosystems across broader Southeast Asia.

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Grab, GoTo may face new rules as Singapore reviews ride industry – report

The Land Transport Authority said on Thursday it is looking to change the framework for the taxi and ride-hailing industries. It will focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles.

IFC & Indonesia’s FinTech platform Amartha partner to support women-owned micro-enterprises in Indonesia

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026

VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.

Cradle Fund & Bursa Malaysia collaborate to facilitate listing of local startups on Malaysia stock exchange

This collaboration is an integral part of the Ministry Science, Technology and Innovation’s (MOSTI) Fund Funnel program, an initiative designed to streamline funding options and offer comprehensive support to startups throughout their funding journey, from the seed stage to the initial public offering (IPO), according to a statement released by the…

Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia

The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.

Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report

Carsome is ready for an initial public offering (IPO) but is in no rush to list.