News
Vietnam’s Coolmate completes Series C funding round led by Vertex Growth Fund
Coolmate, the Vietnam’s direct-to-consumer (D2C) fashion brand, announced Monday the completion of its Series C funding round led by Vertex Growth Fund.
Mandala Capital secures Green Climate Fund approval to scale climate adaptation and transform food systems in South and Southeast Asia
Mandala Capital, a private equity fund investing in the agriculture and food sectors across South and Southeast Asia, announced last Thursday that the Green Climate Fund (GCF) has officially approved the Mandala Capital SSEA Food Fund at its 43rd Board Meeting.
Malaysia’s Mantayay secures $5M investment led by Kairous Capital
Since its founding in Malaysia, Mantayay has grown to serve global clients in gaming, FMCG, and technology across Southeast Asia. The company today manages over 4,000 TikTok creators, produces more than 1,000 short-form videos each month, and generates over 100 million monthly views across TikTok, YouTube, and Instagram.
Alternate Futures launches as a fund-backed Innovation Center in Singapore
Alternate Futures, a fund-backed Innovation Center was officially launched in Singapore through a strategic alliance with Agrifood Futures, to boost climate, food and energy investment across the region.
J&T Express launches largest self-built logistics hub in China
J&T Global Express Limited, an Indonesia-based integrated logistics service operator, announced last Thursday the official launch of its “J&T Express Greater Bay Area Digital Supply Chain Industrial Park” in China.
Singapore’s Aquilius raises Asia Pacific real estate secondaries program at $1.1B
Aquilius Investment Partners, a Singapore-based provider of secondaries solutions in the Asia Pacific region, completes fundraising of its second real estate secondaries flagship fund, AIP Secondary Fund II L.P. (AIP SF II) at $1.1 billion.
OpenAI launches AI video creation app Sora in Thailand
OpenAI has on last Thursday launched the Sora app to Thailand, making it one of the first countries in Asia to access its next-generation artificial intelligence (AI) video creation experience.
YTL Power completes NVIDIA-powered AI data center facility in Johor
YTL Power International Berhad, the subsidiary of Malaysia's conglomerate YTL Corporation, has completed its artificial intelligence (AI) data center facility in partnership with NVIDIA at the 600MW YTL Green Data Center Park in Kulai.
Ant International invests in R2 to expand credit access for SMEs in LATAM
Ant International, a Singapore-based global digital payment firm, announced last Thursday a strategic investment in R2, an embedded lending infrastructure company in Latin America (LATAM), to expand access to credit for small and medium-sized enterprises (SMEs) across the region.
AIIB partners with Malaysian banks to mobilize up to $6B for sustainable infrastructure
The Asian Infrastructure Investment Bank (AIIB) has signed cooperation agreements with Maybank, CIMB, AmBank and BPMB to jointly mobilize up to $6 billion in financing for sustainable and technology-enabled infrastructure projects across the ASEAN region.
