News
Social Singapore’s BandLab raises $25M in Series B1 new round, valuing the company at $425M
BandLab Technologies, the Singapore-based parent company of flagship social music creation platform BandLab, has announced the addition of $25 million in a new round of Series B1 financing that raises the company's valuation to $425 million post-money.
PropertyGuru first quarter revenue climbs 16 percent to $24.5M
PropertyGuru Group Limited, a Singapore-based property technology company, has on Tuesday announced its revenue rose 16 percent year on year to SGD 33 million ($24.5 million) in the first quarter of 2023.
Gogoro partners Bikebank to launch smartscooters and battery swapping in South Korea
Gogoro Inc., the Taiwan-based technology firm in battery swapping ecosystems, has on Wednesday announced it was expanding its partnership with Bikebank in South Korea. The companies will introduce Gogoro smartscooters and battery swapping to Korean consumers in the third quarter of 2023 under the Dotstation brand, expanding their battery swapping network to…
Clime Capital and Touchstone Partners back solar cleantech platform Stride in $2M seed round
Clime Capital and Touchstone Partners have on Wednesday announced a joint investment into Stride, an innovative cleantech company operating in Vietnam.
OCBC partners ADDX to launch tokenized equity-linked structured note
Singaporean bank OCBC Bank has partnered with the country's private market exchange ADDX to distribute its first tokenised equity-linked structured note to accredited investors.
UK’s Builder.ai raises $250M Series D funding led by QIA
Builder.ai, the global artificial intelligence (AI) powered composable software platform, has on Tuesday announced an investment of $250 million in a Series D funding. The new investment, led by Qatar Investment Authority (QIA) takes the total amount raised by the company to over $450 million with an up to 1.8 times increase in its valuation.
Malaysian PropTech firm LiveIn acquires property management firm KT Management
Malaysian PropTech firm LiveIn said Monday it has acquired a Malaysia-based property management firm KT Management. This merger makes LiveIn the market leader in the space and will provide KT Management’s thousands of tenants, LiveIn’s flexible community living solutions and a better online to offline (O2O) experience.
Indonesian D2C comestics brand Rosé All Day Cosmetics on track to achieve 6 times surge in revenue
Indonesian direct-to-consumer (D2C) cosmetics brand Rosé All Day Cosmetics (RADC) which has reported a four times increase in annual revenue in 2022, said it is on track to achieve a remarkable six times growth in revenue in 2023.
Superbank, Home Credit join forces to provide financing solutions for underbanked Indonesians
PT Super Bank Indonesia (Superbank) has announced a strategic partnership with PT Home Credit Indonesia (Home Credit) to expand access to inclusive financing for underbanked communities in Indonesia.
Princeton Digital acquires land from JLand to develop 150MW data center campus in Malaysia
Princeton Digital Group (PDG), a Singapore-based data center provider, has entered into a definitive agreement with JLand Group (JLG), Johor Corporation’s real estate and infrastructure arm, for the acquisition of 31 acres of land in Sedenak Tech Park (STeP), Johor, Malaysia, to build a 150 MW hyperscale campus.
