News
1982 Ventures backs US AI video platform Higgsfield’s $400M Series B at $5.4B valuation
Singapore-based venture capital firm 1982 Ventures has participated in US artificial intelligence (AI) video and image creation platform Higgsfield's $400 million Series B at $5.4 billion valuation.
Indosat, Komdigi launch Garuda Spark Innovation Hub in Jayapura
Indosat Ooredoo Hutchison and Indonesia's Ministry of Communication and Digital Affairs have launched a Garuda Spark Innovation Hub in Jayapura to support digital skills and ecosystem connections for talent in Papua.
Singapore’s Groundup.ai wins $3M PUB tender to bring AI Cognitive Maintenance to national water infrastructure
Groundup.ai, the Singapore-based industrial machine intelligence company, has been awarded a tender by Public Utilities Board (PUB), Singapore's National Water Agency, to implement and maintain a Predictive Maintenance and Reliability System for the water utility's critical assets.
US blockchain firm TRM Labs appoints MAS veteran Ziqing Ang as Head of Policy, APAC
TRM Labs, the United States-based blockchain intelligence services firm, has appointed Monetary Authority of Singapore (MAS) veteran Ziqing Ang as Head of Policy, Asia Pacific (APAC).
Singapore’s Aura launches private equity evergreen fund
Singapore-based financial services firm Aura Group has launched the Aura PE Evergreen Income Fund, an evergreen private markets strategy designed to address the liquidity, income and capital call challenges that have historically restricted private equity allocation in advised portfolios.
Foxconn’s ShunSin to invest $65M in chip-packaging lines at Vietnam unit
ShunSin Technology Holdings, a subsidiary of Taiwan's electronic manufacturer Foxconn, will invest up to $65 million to set up bumping and redistribution-layer process production lines at its Vietnam subsidiary, funded through a capital injection of the same amount.
Southeast Asia’s data centers gather pace with 85 percent of equity raised since 2024 – Tracxn
Southeast Asia’s data center companies have raised about $11.5 billion in disclosed equity funding across 19 rounds and roughly 85 percent of that capital has arrived since the start of 2024, the period in which artificial intelligence (AI) demand reshaped the region’s infrastructure requirements, Tracxn said on Friday.
OSK Ventures partners Affin Hwang Investment to launch venture debt fund
OSK Ventures International Berhad (OSKVI) and Affin Hwang Investment Bank Berhad have on Thursday announced the launch of Pothos Fund I via Pothos GP Sdn Bhd, marking the introduction of their first venture debt fund for investors.
Axiata underlying profit more than doubles in first half of 2026
Axiata said underlying first-half profit more than doubled to RM717.2 million, while constant-currency revenue and EBITDA increased across its regional portfolio.
Solace, SIOS Technology partner on real-time data platforms for agentic AI in Japan
Solace and SIOS Technology have partnered to help Japanese enterprises build real-time, AI-ready data platforms across hybrid and multi-cloud environments.
