News
Gobi-Core appointed as a Co-Investment Partner for Philippine government’s Startup Venture Fund
The Gobi-Core Philippine Fund (Gobi-Core) has been officially accredited as a Co-Investment Partner (CIP) of the Philippine government’s Startup Venture Fund (SVF), one of the first since the fund’s inception in 2021.
Wellous, DHL establish a sustainability partnership to combat climate change
Wellous Group Limited, a Malaysia-based nutrition company, has on Friday announced that the company has entered into an agreement to become DHL Express’s first customer in Asia Pacific to use GoGreen Plus service.
Malaysia’s Sunview partners Huawei for renewable energy
Sunview Group Berhad, a Malaysia-based renewable energy player has on Friday announced that it has inked deal with Huawei Technologies (Malaysia) Sdn. Bhd. (Huawei Malaysia) for strategic partnership in renewable energy.
Japan’s Lifull acquires Thailand brokerage services company FazWaz
Japan-based marketplace operator Lifull Co., Ltd has announced the acquisition of Thailand-based brokerage services company FazWaz, to expand its real estate businesses in Thailand and Southeast Asia and acquiring technology.
GoTo accelerates profitability timeline, with adjusted EBITDA expected to turn positive in 4Q, 2023
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has on Friday announced that it has further accelerated its profitability timelines. The firm expects adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to become positive within the fourth quarter of 2023.
Singapore’s Transcelestial gets $10M in funding led by Airbus Ventures
Transcelestial, a Singapore-based wireless startup, has on Friday announced that it has raised $10 million funding. Airbus Ventures led the A2 investment round with participation from Kickstart Ventures, Genesis Alternative Ventures, Wavemaker, Cap Vista and SEEDS Capital.
DBS to apply for crypto licence in Hong Kong – report
When the regulations in Hong Kong are clear, and the bank “understands exactly the framework,” DBS will be one of the lenders interested in participating, said Paredes.
East Ventures launches white paper on genomics with Indonesia’s Ministry of Health
East Ventures, an Indonesia-focused venture capital firm, has on Thursday launched a white paper “Genomics: Leapfrogging into the Indonesian healthcare future”.
Australia’s Loam Bio raises $73M in Series B funding co-led by Lowercarbon Capital and Wollemi Capital
Aussie carbon farming startup Loam Bio has raised AUD 105 million ($73 million) Series B funding round co-led by Lowercarbon Capital and Wollemi Capital.
Arta TechFin partners OSL to create an end-to-end virtual asset financial service ecosystem
Arta TechFin (ARTA), a hybrid fintech platform in both traditional assets and virtual assets, and OSL, the digital asset business division of BC Technology Group, have on Wednesday entered into a strategic partnership to create an end-to-end VA financial service ecosystem.
