News
Singapore-based AI startup Akro raises $700,000 Pre-Seed led by Amigos Venture Capital
Singapore-based artificial intelligence (AI) firm Akro has on Tuesday announced a $700,000 Pre-Seed funding round led by Amigos Venture Capital.
Thailand’s Amity establishes Singapore as global AI hub
Amity, the enterprise artificial intelligence (AI) technology company founded in Thailand, announced Monday the official launch of its Singapore office and AI Research & Application Center (ARAC).
Clifford Capital announces increase in ETAF commitments to $345M
Clifford Capital, a Singapore-headquartered global infrastructure credit platform, announced Monday that the Energy Transition Acceleration Finance Partnership (ETAF) has secured $345 million in aggregate commitments, including the $250 million first close announced by the Monetary Authority of Singapore (MAS).
Vietnam’s ride-hailing service GSM doubles charter capital to $2B in 6 months of 2026
Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam’s conglomerate Vingroup,has more than doubled its charter capital from end-2025 to June 2026, according to its filings with the ministry-run national business registration portal.
Agentic commerce can reach 1.3B users by 2031: Juniper Research
The number of agentic commerce users can reach 1.3 billion by 2031, up from less than 300 million this year, according to the newly-released "Agentic Commerce Market: 2026-2031" study conducted by Juniper Research.
Malaysia unveils digital action plan to advance AI ambitions
Malaysia Prime Minister Anwar Ibrahim has on Monday launched the Malaysia Digital Action Plan 2030 (MD2030), a blueprint to drive the country's transition towards becoming an artificial intelligence (AI)-powered nation by 2030.
Malaysia’s Digital Penang, OSK Ventures to jointly expand financing access for AI, deeptech startups
Digital Penang and OSK Ventures International Berhad have signed a one-year memorandum of understanding to strengthen access to growth capital for startups and SMEs in Penang, Malaysia, with a focus on AI, Hardtech, and Deeptech sectors.
Japan private equity deal value hits $30B as competition intensifies: Bain report
Japan's private equity (PE) market maintained strong momentum in 2025, with deal value reaching JPY4.8 trillion ($29.8 billion), marking the fifth consecutive year that annual deal value exceeded JPY3 trillion, according to Bain & Company's Japan Private Equity Report 2026.
Healthcare firm Vinmec launches Vietnam’s first multi-connected robotic surgery network
Vinmec Healthcare System, under Vietnam's conglomerate Vingroup, has launched a nationwide network of High-Tech Robotic Surgery Centers, establishing Vietnam's first multi-connected robotic surgery ecosystem that links multiple robotic technologies across its hospital network.
Germany’s DDB AG acquires Singapore’s Infinium Robotics in $22M deal
German-listed Deutsche Defence Beteiligungen AG (DDB AG) has acquired Infinium Robotics, a Singapore-founded logistics technology company with deployments across Malaysian warehouse and logistics operations, in a transaction valued MYR95.6 million ($22 million).
