News

Techsauce launches Thailand Accelerator to enhance competitive edge for Thai startups in the region

Techsauce has partnered with PeerPower, a crowdfunding bond platform to encourage further fundraising activities among Thai startups to increase the competitive edge for Thai businesses in the region.

NTU Singapore, Algorand to launch blockchain education and research center in Singapore

Nanyang Technological University, Singapore (NTU) has been selected by Algorand Foundation, the world’s most green and secure blockchain ecosystem, to host a new research and education centre aimed at developing and advancing blockchain technologies.

Sea Limited net loss widens in second quarter

Singapore-based consumer internet firm Sea Limited said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.

Singapore’s TotallyAwesome raises $10M seed round from Partners For Growth and Yefira Group

TotallyAwesome, a Singapore-based digital advertising network for kids, teens, and families, announced Tuesday it has raised $10 million (debt and equity combined) seed funding from leading San Francisco based Partners For Growth (PFG) and Singapore based boutique investment growth advisory firm Yefira Group specialising in adtech investment consulting.

US-based Eat Just secures $25M investment from Alibaba-backed C2 Capital

Eat Just, Inc., a United States-based food technology firm, announced Tuesday a $25 million investment and strategic partnership with Alibaba Group-backed private equity firm C2 Capital Partners (C2). The deal is C2’s first investment and partnership in the alternative protein sector and the relationship is currently supporting Eat Just’s go-to-market…

Gobi Partners appoints Gui Ee Leen as Human Resources Partner

Pan-Asian venture capital firm Gobi Partners announced Wednesday it has appointed Gui Ee Leen as its Human Resources Partner.In this newly created role, Ee Leen alongside Gobi’s Asean Human Resources (HR) team will be responsible for the company’s HR strategy including recruitment and employee retention programmes with a focus on gender diversity and…

The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific

The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.

Malaysia’s MAVCAP announces new COO and CIO

Malaysia Venture Capital Management Berhad (MAVCAP) on Monday announced the appointment of Noor Amy Ismail as Chief Operating Officer (COO) and Paramjit Singh Gill as Chief Investment Officer (CIO), effective August 1.

Stripe, Vertex Ventures Southeast Asia & India to launch SEA and India-focused program to support seed-funded founders

This program is the first project from the partnership between VVSEAI, an early-stage VC fund known for its investments into unicorns such as Grab, and Stripe, and the two companies are aiming to develop more initiatives such as a dedicated mentorship program to support founders in the challenging economic climate.

Animoca Brands and Lympo partner with Play Magnus on chess-inspired blockchain game “Anichess”

Animoca Brands and its subsidiary Lympo, a leading global sports non-fungible token (NFT) ecosystem, announced Monday that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands.