News
US’s Clarity Movement Co. raises $9.6M Series A+ co-led by Amasia and Active Fund
Clarity Movement Co. (Clarity), a United States-based environmental sensing and data platform company empowering the world to combat air pollution and climate change, announced Wednesday it has successfully closed a $9.6 million Series A+ funding round. The round was co-led by Amasia and the Active Fund.
Surge launches seventh cohort of 15 Southeast Asian and Indian startups
Surge, Sequoia India & Southeast Asia’s rapid scale-up program, has on Monday launched its seventh cohort, featuring 37 accomplished founders across 15 early-stage startups.
Google announces multiple initiatives across skilling, AI and sustainability in Singapore
Google on Tuesday announced multiple initiatives across skilling, artificial intelligence (AI) and sustainability as it deepens its commitment to Singapore after 15 years.
BHEX.SG gets greenlight to offer crypto services in Singapore
Singapore-based crypto exchange BHEX.SG has received the Standard Payment Institution licence from the Monetary Authority of Singapore (MAS), which will enable the firm to offer digital payment token (DPT) services to customers in Singapore.
Singapore’s Funding Societies signs $50M credit facility with HSBC to drive SME growth in Southeast Asia
Funding Societies, a Singapore-based FinTech firm, announced Monday the signing of a $50 million credit facility with HSBC Singapore to continue expanding the firm’s reach to serving underserved small and medium-sized enterprises (SMEs) in the region.
Singapore’s Safeheron raises $7M Series Pre-A funding led by Yunqi Partners and Web3Vision
Safeheron, a Singapore-based self-custody solution provider, is announcing $7 million in Pre-A funding co-led by Yunqi Partners and Web3Vision.The round also saw participation from PrimeBlock Ventures, M77 Ventures, ShataCapital, Kryptos, Antalpha Ventures, Waterdrip Capital, 7 O’CLOCK CAPITAL, Rokid’s Founder Misa Zhu, and Fan Zhang, the former co-founder…
Singapore’s SunGreenH2 closes $2M seed funding led by SGInnovate
Singapore based cleantech company SunGreenH2 announced Wednesday it has raised a $2 million seed round led by SGInnovate. The round also saw participation from Vinci VC, Cap Vista, Entrepreneur First, SOSV’s HAX, she1K, T. Chen Fong and Apsara Investments.
Indonesia President Jokowi wants Tesla to make cars locally, not just batteries – report
Jokowi previously said the government aims to establish an “integrated EV ecosystem” that would include such industry activities as metals mining, battery production and car assembly.
Taiwan’s Cherubic Ventures completes $110M Fund V, bringing total committed capital to over $400M
Taiwan-based venture capital firm Cherubic Ventures announced Thursday the successful completion of its Fund V at $110 million, with a total of over $400 million in committed capital under management.
Malaysian Islamic app TheNoor seeks to raise $1M through Islamic ECF platform Ethis
Malaysia’s Islamic lifestyle app TheNoor (Noor Luminous Sdn Bhd) aims to raise MYR5 million ($1.12 million) via Malaysian impact investment and Islamic equity crowdfunding platform, Ethis. The potential deal will raise the firm's pre-money valuation to $10.74 million.
