News

Vietnamese EV maker VinFast receives ESG rating from Sustainalytics

VinFast, the Vietnam-based global electric vehicle (EV) manufacturer, has on Thursday announced that it has received an indicative Corporate Environmental, Social and Governance (ESG) Assessment from Morningstar Sustainalytics, a globally recognized ESG research, ratings and data firm.

Gobi Partners appoints Carlo Chen-Delantar as new Head of ESG

Gobi Partners, the Malaysia and Hong Kong-based venture capital firm, has appointed Carlo Chen-Delantar as its Head of environmental, social, and governance ESG, to further advance the company’s ESG agenda. Carlo will replace its outgoing ESG Head, Paul Ark.

Cloud, embedded finance, and no code/low code expected to influence financial services in Malaysia in 2023

Cloud, embedded finance, and no code/low code expected to influence financial services in Malaysia in 2023, according to annual Partner Predictions report revealed by software as a service (SaaS) cloud banking platform Mambu on Thursday.

Wasabi Technologies completes Series D round with $15M in new funding

Wasabi Technologies, the United States-based hot cloud storage company, has on Thursday completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures.

Temasek participates Sweden freight mobility technology company Einride’s $500M financing

Singapore state investor Temasek has participated in Sweden freight mobility technology company Einride's $500 million financing. The financing includes a debt facility of $300 million and an equity contribution of $200 million to progress Einride’s global growth of offering autonomous, electric and digital shipping technology.

Singapore’s UnaBiz closes Series B at over $50M with extension round led by SPARX Group

UnaBiz, a Singapore-based massive internet of things (IoT) service provider, closes Series B at over $50 million in an extension round led by SPARX Group. G K Goh Holdings and Optimal Investment also joined the round, and the new financing is reserved for existing investors.

India’s AlgoBulls raises $2M Pre-Series A funding led by Venture Catalysts

AlgoBulls, an India-based fully automated algorithmic trading platform and fixed-income securities distribution platform for retail market participants, has raised $2 million investment in a Pre-Series A round funding led by Venture Catalysts group, India’s integrated incubator and a leading early-stage investment platform for startups.

Singapore’s talent recruitment firm Glints lays off staff, founder says ‘truly sorry’

Glints' announcement also came after Singapore-based recommerce platform Carousell said it is laying off 10 percent of its total headcount last week.

FLOW and ALLHC launch new Philippine data center platform A-FLOW

Philippines digital infrastructure developer FLOW Digital Infrastructure (FLOW) and industrial parks developer AyalaLand Logistics Holdings Corp. (ALLHC) have on Wednesday broke ground on the land development of its first joint data center campus located in Laguna, Philippines, following the launch of A-FLOW, the joint venture partnership between FLOW and…