News
Thai insurtech startup Eazy Digital raises $850,000 in oversubscribed seed round
Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.
ADDX lists global macro hedge fund Asia Genesis by top veteran trader
Singapore-based private market exchange ADDX has listed a global macro hedge fund by Chua Soon Hock, the Chief Investment Officer and fund manager behind the famed Japan Macro Fund (JMF).
Shopee’s parent firm Sea to increase investment in Malaysia
Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.
VinBrain collaborates with Microsoft to expand AI-powered healthcare to patients worldwide
VinBrain, an artificial intelligence (AI) healthcare company funded by conglomerate VinGroup, said Thursday it will collaborate with Microsoft in data sharing, product cross-validation, and product research and development.
Time spent online falls to pre-pandemic levels, while social media use increases – report
The time spent online globally has fallen to pre-pandemic levels, while social media use has increased, says a report conducted by Meltwater, a global social and media intelligence, and We Are Social, the socially-led creative agency.
Singapore’s Locad raises $11M Series A funding led by Temasek-backed Reefknot Investments
India-based supply chain tech startup Locad has raised $11 million Series A investment led by Singapore-based global venture capital Reefknot Investments. Other notable investors including Access Ventures, JGSummit, as well as returning investors Sequoia Surge, Febe Ventures, Antler, Hustle Fund, and Foxmont.
WhyQ secures $1.08M in extended Series A2 funding round led by Kairos Capital
WhyQ, Singapore-based food delivery platform, has successfully secured an additional MYR4.6 million ($1.08 million) in an extension to their Series A2 funding round. The extended round was led by the Kairos FoodTech Fund of Kairos Capital Group.
Singapore’s ComfortDelGro invests $4.37M in global venture capital fund Shift4Good
Singapore-based taxi firm ComfortDelGro Corporation, said Wednesday it has invested €4 million ($4.37 million) in Shift4Good, a global independent venture capital impact fund dedicated to sustainablemobility. In so doing, it becomes the fund’s first strategic investor in South East Asia and joins other industry heavyweights like Renault Group as strategic…
India’s Myelin Foundry raises $3M Series A round led by Visteon Corporation
Indian deep tech artificial intelligence (AI) startup Myelin Foundry has raised its Series A of $3 million led by Visteon Corporation, a global automotive electronics major. Other participating investors include current Myelin investors Endiya Partners, Beyond Next Ventures, and Pratithi Investment Trust.
