News
South Korea’s SK backs US-based Atom Power with $100M funding
Atom Power, the United States-based startup to digitize power delivery, said Thursday it has closed a $100 million growth round from SK Inc. and SK Energy, South Korean investors in transformative energy technologies.
Proton finalizes deal to sell Smart Automobile Co’s electric vehicles in Malaysia & Thailand
Malaysian automaker Proton on Thursday formalized its deal to sell and service vehicles from premium electric vehicle (EV) brand Smart Automobile Company (smart) in Malaysia and Thailand by signing a general distributorship agreement.
Singapore’s FOMO Pay raises $13M Series A round led by Jump Crypto
Singapore-based FinTech firm FOMO Pay, announced Thursday that it has secured a $13 million investment for its Series A round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital
Deliveroo, Foodpanda and Grab jointly launch digital platforms industry association in Singapore
The three major food delivery platform companies, Deliveroo, Foodpanda and Grab, have come together to launch the Digital Platforms Industry Association (DPIA). Through the association, these platform companies will strengthen the frameworks, guidelines, and policies that support their delivery partners and merchants.
Quant-Box launches FinTech platform to improve Asian investor access to Japan stock market
Launched in July 2022, Quant-Box will become one of the first broker-neutral platforms to offer professionals and individuals the same level of institutional-level real-time market data experience as those enjoyed by much larger buy-side firms. Partnerships with family offices and retail brokers are also on the list to expand their reach with Japanese…
Malaysian businesses harness technology to increase efficiency, says CPA Australia
Most Malaysian businesses are planning to accelerate their use of technology over the next year, to drive efficiency and tap into bigger profit opportunities, according to CPA Australia's Business Technology Survey 2022.
Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia
Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.
Indonesian proptech firm Kabina raises seed funding led by East Ventures
Kabina, a property and construction startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, with the participation from several notable angel investors, including Sandra Dewi.
Taiwan’s TenMax opens new office in Indonesia to grow Southeast Asia footprint
Taiwan-based artificial intelligence (AI) Martech firm, TenMax, announced Wednesday the opening of TenMax Indonesia, the company’s fifth regional office in Asia after Taiwan, Vietnam, Malaysia, and Japan. The firm plans to bring its full line-up of proprietary AI ad-targeting and martech solutions to the Indonesian market.
Singapore’s MiyaHealth raises additional pre-series A funding for global expansion
MiyaHealth, a Singapore-based HealthTech start-up, has raised an undisclosed sum in additional funding from leading healthcare and technology investors including HealthXCapital, Central Capital Ventura, and SEEDS Capital. The fresh funds will be used to accelerate the company’s product development, hiring, and expansion plans.
