News
US’s Axiom Space secures $350M in Series-C round led by Saudi and South Korean investors
Axiom Space has on Monday announced that it has secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts. Investments, led by Aljazira Capital and Boryung, will fuel continued growth for Houston-based space company building…
Singapore’s FlashIntel raises $10M in seed and angel investment
FlashIntel, a Singapore-based go-to-market intelligence platform, has announced a successful $10 million raise in its recent seed and angel investment phase. Notable investors backing this round include Celtic House Venture Partners, Uphonest Capital, and Hat-Trick Capital.
TechNode Global Rebrands as TNGlobal, Strengthens Malaysia Tech Ecosystem Connections With KL Office
Leading the charge in accelerating tech and innovation in the Pan Asia region, TechNode Global announces its dynamic relaunch and rebranding as TNGlobal. As part of this bold and ambitious move, #TNGlobal proudly opens its brand-new office in the heart of #KualaLumpur, marking a pivotal step toward elevating the #Malaysia tech and innovation ecosystem to…
Gobi Partners onboards Southeast Asia’s largest integrated recommerce platform CompAsia
As one of Southeast Asia’s leading vertically integrated device lifecycle companies, CompAsia has a significant presence in 10 countries, providing solutions to technology and telco companies, as well as retailers within the region.
Singapore’s ZTX attracts $13M in funding to propel Web3 creator infrastructure
Singapore's Web3 virtual world and creator platform ZTX has successfully closed its $13 million seed round led by Jump Crypto. Notable investors also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and others.
Tracxn : Vietnam’s FinTech sector funding plunges 67 pct in first half amid global economic uncertainty
The FinTech sector in Vietnam has experienced a significant downturn in funding throughout 2023, largely attributed to the lingering effects of the funding winter and the prevailing global macroeconomic uncertainty, Technologies Ltd said on Friday. The first half of 2023 has seen a remarkable drop in Vietnam FinTech funding, with total funding dropping 67…
CapitaLand Ascendas REIT completes acquisition of fifth data center in the United Kingdom for $147M
CapitaLand Ascendas REIT Management Limited, as the manager of CapitaLand Ascendas REIT (CLAR), has announced the completion of the acquisition of a high-specification Tier III colocation data center facility in the United Kingdom for SGD 200 million ($147.49 million) from an unrelated global data center operator.
TNG Digital partners Amanah Saham Nasional to provide Malaysians easy investment through Touch ‘n Go eWallet
Malaysian payment firm TNG Digital Sdn. Bhd. (TNGD) has announced a new partnership with investment platform Amanah Saham Nasional Berhad (ASNB), making it the first and only eWallet agent to offer investments in ASNB unit trusts for Malaysians through the Touch ‘n Go eWallet. This partnership enables Malaysians to subscribe to all 17 ASNB unit trusts…
HealthXCapital joins Jungle Ventures to lead healthcare investments in Southeast Asia and India
Jungle Ventures, the Singapore-based independent venture capital firm, has announced the addition of the HealthXCapital (HXC) team to lead the firm’s healthcare investments in Southeast Asia and India. Founded in a joint commitment of driving positive change within healthcare, this move marks a seamless and timely transition in reflection of HXC and Jungle…
