News
Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters
Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
Bolttech and Kyobo Lifeplanet partner to build out digital insurance distribution offerings in South Korea
South Korea’s digital life insurer Kyobo Lifeplanet Life Insurance and Singapore's insurtech bolttech have signed a strategic agreement to collaborate on building innovative digital insurance distribution solutions for Korea and beyond.
Robinhood Markets expands to Indonesia with Buana Capital, Pedagang Aset Kripto deals
Global financial services firm Robinhood Markets, Inc. has entered into agreements to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader.
Singapore’s DayOne secures up to $1.17B Mezzanine financing facility to accelerate Finland platform and global expansion
DayOne Data Centers, a Singapore-headquartered data center developer and operator, announced that it has secured a mezzanine financing facility of €500 million ($582.62 million), expandable up to €1 billion ($1.17 billion) upon mutual agreement, to accelerate its Finland platform and global expansion.
AI-for-science startup ChemLex raises $45M, launching self-driving lab for drug discovery in Singapore
ChemLex, a next-generation artificial intelligence (AI)-for-science company, has announced the establishment of its global headquarters and self-driving laboratory in Singapore, alongside the close of a $45 million funding round led by Granite Asia.
Markets that encourage responsible AI will drive APJ’s next wave of innovation – Sonar
Artificial intelligence (AI)-assisted software development will drive workforce recalibration in Asia Pacific and Japan (APJ) region, while markets that encourage responsible AI will drive APJ’s next wave of innovation, said Marcus Low, Vice President and Managing Director, APJ, Sonar.
Vantage Data Centers launches fully leased 16MW facility in Kuala Lumpur
Vantage Data Centers, a global provider of hyperscale data center campuses, has announced its fourth facility (KUL14) on the company’s first Cyberjaya campus in Malaysia is now operational, completing the development of the KUL1 campus.
Malaysia launches new CIDB construction personnel registration card to strengthen digitalization
Malaysia's Construction Industry Development Board (CIDB) has launched a new construction personnel registration card to strengthen digitalization.
Singapore’s SC Capital Partners breaks ground on $600M Osaka data center site
SC Capital Partners Group (SCCP), a Singapore-based institutional real estate investment management firm, has commenced construction of a new data center in Osaka with 100MW of allocated power.
FinVolution Philippines secures multi-million Peso credit facility for financial services expansion
FinVolution Group’s Philippines business has recently secured a multi-million peso (PHP) credit facility with HSBC in the Philippines.
